Basic Derivatives for the Oil and Gas Company

Authors

  • Mark R. Smith

DOI:

https://doi.org/10.29173/alr511

Keywords:

Energy Law, Petroleum Law

Abstract

This article provides a general overview of some of the basic derivatives available to oil and gas companies. The author begins by defining what a derivative is and briefly summarizing four basic kinds derive, of derivatives. The author offers other examples of derivative products and illustrates how oil and gas companies can design and utilize these products to meet their individual needs. The article includes a discussion of the 1SDA master agreement, which is used for most over-the-counter derivative contracts. As well, the article outlines some of the key regulatory provisions governing and affecting derivatives, with particular emphasis on Alberta.

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Issue

Vol 39, No 1: Petroleum Law Edition

Section

Articles

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