Prerequisite(s): BUAD 5006 or equivalent and consent of the Graduate Coordinator.
Focuses on terminology, concepts, and business issues that are particularly important to the energy industry. Topics include drilling and production terminology and concepts, an introduction to the importance of geology and geographic information systems to the oil and gas industry, negotiations, and land management. An emphasis is placed on the importance of the ownership of mineral interests and the process for determining such ownership. The process for obtaining mineral lease rights is examined.