Cross-Boundary Offshore Oil & Gas Resources
Joint Development Agreements & Frameworks
1/6/2014
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Table of Contents
1. Introduction 3
2. The rule of capture 3
3. The CooperationApproach 4
4. Legal framework to develop trans-boundary offshore O&G resources 5
4.1 Cross-border unitization agreements 6
4.2 Joint Development Agreements (JDA) 6
4.3 National law and its application in Co-operative Agreements 7
4.4 Bilateral treaties for trans-boundary oil and gas exploration 7
4.5 The Framework Agreement Approach 9
4.6 The Third Party approach to dispute resolution 10
5. Conclusion 10
Bibliography 11
Treaties & Conventions 11
Books 11
Articles 12
Websites 13
1. Introduction
Subsea resources such as petroleum and natural gas are important sources of meeting the energy demand of countries. Cross-territory disputes are arising among different countries. Advancement in technology in exploration and extraction of subsea resources has expedited the overall procedure of competitive drilling. This...
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