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Held By Production – Fort Worth, TX (Webinar Available)

800 Fournier St Fort Worth, TX 76102-3597
Date:July 15, 2016
Time:8:30 AM – 5:00 PM
Credits: 7.00 CEU
David L. Melton, RPL
Gary M. Beard CPL

8:30am- Registration

9:00am- Seminar Begins

12:00pm- Lunch (on your own)

5:00pm- Adjourn

The HBP Essentials class is designed to escort both the in-house and field landman through the obstacle course of performing and understanding one of the most challenging tasks a landman can face. It presents not only the what, but the why and how in navigating and interpreting the records that are a part of conducting this research and how to come to the best conclusion possible.

At the end of the presentation, attendees will participate in a workshop which presents a variety of facts and challenging issues. The student should be able to apply the knowledge gained in the class to draw the proper conclusions as to what is and is not HBP.

The class is suitable for the beginning to intermediate landman.

Topics will include:

Oil & Gas Commission/Courthouse Research

Idle Wells/Orphan Wells

Formation of Spacing Units

Voluntary Pooling, Force Pooling and Unitization

Integrated Unitization

Oil & Gas Lease Clauses that Affect HBP Status

Assignments/Farmout Agreements

Off-site Drilling Locations

Pugh Clause/Retained Acreage Clause

Savings Clauses

Horizontal Drilling Applications

Royalty Allocation Methods

Relative Wellbore Length

Take Points

Unit Percentage by Tract


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