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Oil & Gas Sale and Processing Contracts

All oil and gas-related paperwork, including the required Oil/Gas Contract Brief Form, UT-5, as well as instructions on how to complete the UT-5, can be found under Forms.

Lessees shall provide a copy of every contract for the sale or processing of oil or gas and any subsequent agreement and amendment together with a completed UT-5 within 30 days after the contract, agreement, or amendment is made. A separate UT-5 should be completed for each oil and gas contract file, and the completed UT-5 must be attached to the corresponding oil/gas contract and submitted to UL’s Production and Audit Department.

All related contracts and agreements received by University Lands will be held in confidence unless otherwise authorized by law or by the lessee.