Onshore and Offshore Drilling Contracts: Structuring Allocation of Risk and Other Key Provisions
This program has been cancelled
A live 90-minute CLE webinar with interactive Q&A
This CLE webinar will guide energy counsel on the primary considerations and provisions in onshore and offshore drilling contracts, including allocation of risk, assignment, breach and termination. The panel will provide insight on structuring drilling contracts, issues that often arise, and court treatment of these contracts.
- Drilling contracts
- Key considerations—onshore vs. offshore
- Key provisions—onshore vs. offshore
- Mobilization and acceptance of rig
- Standard of performance
- Day-rate issues
- Allocation of risk — indemnity and insurance
- Breach and termination
- Assignment or rig sharing
- Issues that commonly arise
- Court treatment and anti-indemnity issues
The panel will review these and other crucial issues:
- What are the critical provisions when structuring and negotiating drilling contracts?
- What issues frequently arise when structuring drilling contracts and what strategies should be used to allocate risk?
- What are counsel’s options to efficiently negotiate these agreements?
Liskow & Lewis
Mr. Almy is a business lawyer who focuses on the creation, drafting and negotiation of oilfield operational contracts... | Read More
Mr. Almy is a business lawyer who focuses on the creation, drafting and negotiation of oilfield operational contracts with experience in both domestic and international work. He has extensive experience helping clients design and implement risk allocation programs using indemnity and insurance concepts for work in Texas, Louisiana and the Gulf Coast, and has assisted clients with their endeavors in locations stretching from Colorado to Israel and North Dakota to Venezuela. Clients routinely turn to Mr. Almy for help with drilling contracts, master service agreements and master time charters among other agreements.Close
William W. (Bill) Pugh
Liskow & Lewis
Mr. Pugh handles complex maritime and energy-related matters for oil and gas producers and other Texas, Louisiana and... | Read More
Mr. Pugh handles complex maritime and energy-related matters for oil and gas producers and other Texas, Louisiana and Gulf region businesses, including contract disputes, insurance disputes and energy transactions. His practice includes master service agreements, onshore and offshore drilling contracts, charters, flight service agreements, onshore and offshore construction contracts and other maritime and energy-related agreements. Mr. Pugh has also helped international and domestic corporations, which often become his long-term clients, integrate their contracts internally and following mergers or assignment of contracts (such as drilling contracts).Close