The Nature of Oil & Gas Contractual Disputes

Today, the energy industry is among the most dispute-intensive industries in the world economy.[1] And within the conflict-laden energy industry, oil and gas contracts generate a high volume of disputes. The types of disputes arising from such contracts are quite broad. They include disputes among operators, nonoperators, and joint venturers in oil and gas property acquisition, exploration, and development; in energy supply and marketing arrangements; and in oil and gas construction projects. The variety of disputes which arise include: disputes between oil and ...