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Master Service Agreements for Oil and Gas: Negotiating and Structuring Techniques, Key Provisions, Court Treatment

Recording of a 90-minute premium CLE video webinar with Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Conducted on Thursday, November 21, 2024

Recorded event now available

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This CLE course will guide energy counsel on the key considerations and essential provisions in master service agreements (MSAs) for oil and gas businesses, including insurance, indemnification, damages, and payment. The panel will discuss negotiating and structuring MSAs, issues that commonly arise, and how the courts have treated indemnity provisions in MSAs in those jurisdictions that have anti-indemnity statutes.

Description

An MSA defines the relationship between an oil and gas company and its providers of goods and services. Most MSAs allocate risk. However, there are limitations, and counsel must understand those limitations under both state and federal law.

Counsel to companies involved in the oil and gas industry must understand the challenges involved in crafting MSAs to meet the parties' expectations and align with their insurance packages along with the applicable venue's treatment of MSAs.

Listen as our authoritative panel discusses vital considerations and key provisions in an MSA, including insurance and indemnification, damages, and enforceability. The group will discuss negotiating and structuring MSAs, issues that commonly arise, and how the courts have treated MSAs.

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Outline

  1. MSA key considerations and provisions
  2. Issues that commonly arise and methods to overcome them
  3. Court treatment of certain MSA provisions and best practices for oil and gas counsel

Benefits

The panel will review these and other key issues:

  • What are the critical provisions when structuring and negotiating MSAs?
  • What issues frequently arise when structuring risk in MSAs and what strategies should be used to allocate risk?
  • What are counsel's options to effectively negotiate these agreements?

Faculty

Binns, Russell
Russell Binns

Attorney
Flanagan Partners

Mr. Binns works out of Flanagan Partners’ Denver office and advises clients on transactional matters concerning...  |  Read More

Flanagan, Caitlin
Caitlin J. Flanagan

Attorney
Flanagan Partners

Ms. Flanagan counsels clients in transactional matters in the context of oil and gas production, clean & renewable...  |  Read More

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Strafford will process CLE credit for one person on each recording. All formats include course handouts.

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