Tactics for Negotiating and Vital Provisions in Oil and Gas Master Service Agreements: Framework Methods and Core Elements

This seminar delves into master service agreements (MSAs). MSAs serve as an important component to define the relationship between an oil and gas company and its goods and service providers. Most MSAs are built to allocate risk, but there are limitations under both state and federal law. It’s important to identify key considerations and vital provisions as they relate to indemnification, representations, warranties, damages, and enforceability.

You may be asking:

• What key clauses should be considered during the structuring and negotiation of MSAs?
• What are the common challenges in structuring risk within MSAs, and what approaches can be employed to effectively distribute and manage risk?
• How can you navigate negotiations to secure favorable terms in these agreements?
• How do common principles of contract interpretation impact oil and gas documents?

We will answer these questions, highlight common issues and how to overcome them, and offer best practices for successful contracting.

Speaker: Megan Knell

Click here for the recording