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Oil and Gas Production Contracts

Oil and Gas Production Contracts
Practice Area:  Energy Law
ISBN:  9781847037503
Published by:  Sweet & Maxwell
Publication Date:  04 Dec 2008
Subscription Information:  Non-Subscribable Product
Format:  Hardback
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Oil and Gas Production Contracts provides a thorough and systematic analysis of each agreement, enabling you to advise on any contract during the production stage. Clause-by-clause commentary from energy experts provides a revealing understanding of the function and features of each agreement.

The high degree of practical experience divulged by the editor and contributors provides you with a full understanding the nature, purpose and terms behind each contract, as well as the pitfalls you need to watch out for.

  • Provides a detailed understanding of all the common production phase contracts
  • Analyses each clause systematically
  • Offers a valuable insight into the nature, purpose and consequences of each contract
  • Alerts you to the common pitfalls in each agreement
  • Offers practical advice and guidance which can be applied to all jurisdictions worldwide
  • Covers joint venture agreements in the production phase, including pre-unitisation and unitisation agreements
  • Explains background licensing and production sharing routines
  • Includes full coverage of contracts for services with third parties


  • Government agreements
  • Joint operating agreements (JOAs)
Joint venture agreements
  • Pre-unitisation agreements
  • Unitisation agreements
  • Oil and gas lifting agreements
  • Sleeping Partner agreements (allowing some JV parties to continue production)
  • Decommissioning agreements
  • Decommissioning security agreements, parent company guarantees and performance bonds
Contracts with contractors for services
  • Production platform and FPSO (Floating Production Storage and Offloading) construction agreements
  • Production platform and FPSO operating agreements
  • Contracts for producing services
  • Platform ancillary services agreements
Contracts with other JVs for services
  • Indicative tariff and service request agreements
  • Oil and gas processing agreements
  • Oil transportation agreements
  • Gas transportation agreements
  • Pipeline tie-in agreements
  • Pipeline crossing agreements
  • Proximity agreements
  • Agreements for use of producing facilities for e.g. electricity generation
  • Power supply agreements (perhaps in exchange for production)
  • Power export agreements
  • Emissions trading and C02 injection agreements
Sales contracts
  • Oil sales contracts
  • Gas sales contracts
  • LNG and LPG sales contracts
  • Production exchange agreements
  • Production acreage sale and purchase and exchange agreements
  • Farm-in agreements
  • Asset exchange agreements
  • Sale and leaseback agreements
  • Sale with obligation to take back at end of production
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