Upstream Contracts, Production Sharing Agreements, and Legal Frameworks
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Contracts and legal frameworks are central to upstream oil and gas operations, defining rights, responsibilities, and value-sharing between stakeholders. This session provides an overview of key contractual models, with emphasis on Production Sharing Agreements (PSAs), joint ventures, and the regulatory frameworks that shape exploration and production activities.
Webinar Objectives
• Understand the structure and purpose of upstream contracts in oil and gas.
• Review the fundamentals of Production Sharing Agreements and their variations.
• Explore legal and regulatory frameworks influencing upstream projects.
• Examine practical considerations in negotiation, risk allocation, and compliance.
About the Presenter
The session will be delivered by an experienced legal and commercial professional in upstream contracts, petroleum law, and international agreements. With a strong background in structuring and negotiating oil and gas contracts, the presenter offers practical insights into aligning commercial interests with regulatory compliance and project success.
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Time : 9 PM Indian Time | Duration : 90 Minutes
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What Can PTA Tell You About Your Reservoir?
Pressure Transient Analysis (PTA) is a powerful tool for reservoir characterization — and it can tell you far more than permeability, reservoir contact, and skin factor. But to unlock its advanced capabilities, the analyst needs a solid grasp of the diagnostic features of pressure and derivative responses: how they relate to flow regimes, and how the static and dynamic features of a reservoir generate those regimes at different stages of depletion. Without that context, history matching pressure responses or fitting straight lines to portions of the data may return parameter estimates while missing the bigger picture entirely.This webinar makes the case for PTA as a reservoir characterization tool, shows its proper and improper use through worked examples, and highlights just how underused it remains in practice.Slides & Material — Copyright: All content in this session is copyrighted by Prof. Erdal Ozkan. Access to the recording and slides is provided exclusively through this platform. Any unauthorized use, reproduction, or distribution outside the portal is strictly prohibited and may result in legal action under applicable laws.Recordings and certificates will be issued within one business day of the event.