Petroleum Land Management
A Petroleum Land Management class designed for Landmen, Lease and Title Analysts, Division Order Analysts, Land Technicians, Attorneys, Landowners, Royalty Owners and anyone seeking to enter the industry or gain more education and knowledge about the industry from a land perspective. This information packed two day course teaches the nuts and bolts of Mineral Ownership Rights beginning with distinctions in real property ownership to running title in the county courthouse to understanding and negotiating key provisions of the oil and gas lease to promoting producing properties.
Class participants will gain ‘hands-on’ experience in running the Chain of Title, a critical skill for landmen, by performing a basic title search through the use of abstract books and official public records at the County Courthouse. Once the ownership interest is determined a complete review of the various aspects of an Oil And Gas Lease, including an analysis of specific terms such as the Habendum clause, Mother Hubbard Clause and Savings Clauses plus a review of the most commonly negotiated terms and amendments including Surface Use Amendments, Pugh Clause, Favored Nations Clauses and Deductions clauses will be provided and a calculation of leasehold interests will be presented.
Finally the course will focus on the management of producing properties including various leasehold calculations and “1/3 for ¼ promotes.” This class is A MUST for anyone seeking a better understanding of the land side of the oil and gas industry.
Eligible for AAPL recertification credits.
Alyce Boudreaux Hoge is an attorney, a Certified Division Order Analyst and a Certified Professional Lease and Title Analyst. She was admitted to the State Bars of Texas and Louisiana and has over 20 years of experience in the oil and gas industry. Alyce received her Bachelor of Arts in History at Centenary College of Louisiana. She received her Juris Doctorate from Louisiana State University Law School.
In 2006, Alyce founded Land Training, a company dedicated to meeting the training needs of attorneys and land professionals. Her seminars, innovative 'live' webinars and free online calculations tutorials (see www.landtraining.net) are cutting edge in the industry. She is also a popular guest speaker at local and national conferences of the National Association of Division Order Analysts (NADOA), National Association of Lease and Title Analyst and the AAPL.
Alyce is the instructor for the Online Professional Land Management Certificate Program offered through Midland College PPDC. She has also taught at the University of Texas – PETEX and at Lone Star Corporate College in Houston, Texas. In addition, Alyce is a recognized expert witness in royalty valuation cases. Her speaking style is described as "humorous and informative" and Alyce is fond of saying she gives "Legal Advice with Cajun spice." Come see why many consider her training to be the BEST in the industry!
SESSION 1: *Real property vs. personal property.
*Mineral Estate and the Surface Estate.
*How the various estates are owned.
*How documents are filed and available for public research.
*Leasing mineral owners.
SESSION 2: *Title research.
*The abstract office.
*Examining the instruments.
*Preparing the report.
SESSION 3: *The anatomy of an oil and gas lease.
*various types of oil and gas leases
*how an oil and gas lease works.
SESSION 4: *Post lease ownership.
*The "Leasehold Estate".
*Overriding royalty interest.
*Net revenue interest.
*During the term of an oil and gas lease.
SESSION 5: *Post drilling.
*Maintaining the lease.
SESSION 6: *Acquisition of producing properties.
*Purchase and sale agreement.
|G040132Q||Dec 10 - 11||8:30 am - 4:30 pm|
|Registered: 10||14.0 Hours|