Syllabus

Combined Title & Lease Essentials Course

• Who Needs a Landman – Oil and Gas Industry from chaining title, leasing, settling surface use and damages, wind energy, seismic companies, right-of-way companies, telecommunications, and natural gas pipeline companies.
  
• Defining the Landman’s roles and functions.
  
• Concepts of land ownership/Types of Land Ownership.
  
• Land legal descriptions for land located in the rectangular survey system and by metes and bounds, such as land found in Texas.
  
• We will be discussing instruments which affect real property and how this important issue will dictate your reports and leasing efforts.
  
• How to recognize and apply the recording statutes of different states.
  
• How to chain mineral title along with a hands-on title workshop where you will be actually chaining mineral title over a full section of land in Oklahoma and creating your own ownership report.
  
• We will go critical issues regarding probates and heirship issues and you will have the ability to participate in another hands-on workshop.
  
• The initial steps to perform prior to chaining title or leasing.
  
• Your trip to the courthouse is a section we will discuss that explains the different offices and how to utilize them along with finding lost heirs.
  
• We will be discussing the different regulatory considerations such as drilling and completion reports, well plugging reports and change of operator forms and how to locate the new operators as well as spacing and unitization rules.
  
• Next, we will guide you through the task of calculating working interest and net revenue interest and provide you with a hands-on workshop.
  
• Next, we go over in great detail the oil and gas lease.
  
• We explore leasehold reports and well ownership reports.
  
• We go over how to perform due diligence from the land perspective.
  
• We go over HBP or Held by Production theories in Oklahoma and Texas and you will participate in a hands-on workshop for a tract of land with two wells on it in Oklahoma.
  
• We discuss the American Association of Professional Landmen’s Code of Ethics and Standard of Practices and go over violation examples to help you not get into issues while working as a landman.

Enrollment Options