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Held By Production and Royalty Issues – AAPL
May 2 @ 8:30 am - 5:00 pm
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Location: Casper, WY
Date: May 2, 2019
Time: 8:30 AM – 5:00 PM
Credits: 6.00 CEU
Speaker: David B. Hatch, Robert Kiefaber & Patricia Long Weaver
Seminar Overview:
This class is designed to discuss the HBP status of a lease from two perspectives:
1) The state regulatory statutes; 2) The terms in the oil and gas lease.
We do not discuss legal aspects and remedies.
It is also designed with the in-house and title landman in mind as it pertains to putting a lease block together or making an acquisition or divestiture of production and/or oil and gas leasehold. The information is presented in a generalized fashion rather than focusing on any one state, although certain situations in individual states will be discussed from an example point of view.
SCHEDULE:
8:00AM – 8:30AM – Registration
8:30AM – 9:30AM – Leases Held by Production (60 Minutes)
10:30AM – 11:30AM – Pooling of Oil and Gas Interests (60 Minutes)
11:30AM – 11:45AM – Break
11:45AM – 12:15PM – Allocation Wells (30 Minutes)
12:15PM – 1:15PM – Lunch
1:15PM – 2:15PM – Federal Leases (60 Minutes)
2:15PM – 3:15PM – Royalties (60 Minutes)
3:15PM – 3:30PM – Break
3:30PM – 4:00PM – Nonparticipating Royalty Interests (30 Minutes)
4:00PM – 5:00PM – Deduction of Post-Production Expenses (60 Minutes)