Held By Production

Course Overview Video

Diversify Your Career Skills

This class is for Landmen with 5 to 15 Years’ Experience. It is designed to provide the student with an
in-depth look at the oil and gas lease and other issues which can affect whether or not a producing well
holds a specific area of leases. It is also designed to show how to work with and understand implied
and express covenants, and applying them to a leasehold that is Held By Production.
The course covers, Idle Wells, Orphan Wells, Temporarily Abandoned Wells and Horizontal Wells as
well the Idle Well Programs and Orphan Well Programs. It picks up where the Basic Combined Title and
Lease Essentials course leaves off. It also provides a very thorough instruction and discussion about
each saving clause in the lease so the Landman can create a comprehensive HBP report.
The course covers issues in Oklahoma and Texas as well as providing the tools for understanding how
to perform this work in multiple states.

Syllabus

• Introduction
• Know Your Client’S Objective
• HBP Example
• Glossary Of Terms
• Idle Wells/Orphan Wells/Temporarily Abandoned Wells/Abandoned Well
• Getting Started
• Oil & Gas Commission Research
• Drilling And Spacing Units
• Voluntary Pooling
• Force Or Compulsory Poolings
• Unitizations
• Integrated Unitization
• Farmout Agreements
• Assignments
• Pugh Clause
• HBPLease Basis
• Depth Clauses
• Horizontal Wells
• Horizontal Wells - Retained Acreage
• Horizontal Wells - Increased Density
• Horizontal Wells – Multi-unit Horizontal Wells
• Savings Clauses
• Dry Hole/Cessation Of Production
• Continuous Operations
• Commencement Of Operations
• Surrender Clause
• Offset Drilling Clause
• Initial Steps
• HBP Workshop

The course writer and instructor:
David Melton

We are trusted by Industry Leaders

The Petroleum Landman School in ran by seasoned veterans of the industry, and our courses are backed by leading companies.
But let's hear what actual graduates have to say:

Dave,
After finishing your class in August and now it being the first of October, I actually got a job last week working full time for a landman in Santa Fe handling federal leases.   I will tell you that they say what I learned in your class puts me ahead of the game so it was time and money well spent.

K. Haase

Dear David,
Thank you for the truly informative course held last September.
I have completed my first year as an in-house landman for a petroleum company and can’t imagine how I could have achieved it without your excellent tutelage.

R. Sidwell

Enrollment Options

Live Classroom

  • Includes Printed Course Manual
  • Testing, Homework, and Workshops
  • 16 Course Contact Hours
  • Student Minimum: 10

$1,200

Live Webinar

  • Includes Printed Course Manual
  • Testing, Homework, and Workshops
  • 16 Course Contact Hours
  • Student Minimum: 5

$1,250

Self-Paced Online

  • Printed Course Manual Not Included / Available Separately for $112 + Shipping
  • Testing, Homework, and Workshops
  • 16 Course Contact Hours
  • Available for Six Months

$750

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