Now is the perfect opportunity to pursue your university-level certificate in land management. Whether you’re a landman, division order analyst, or lease analyst, Midland College provides certificates tailored to each of these fields. We asked past Module 2 students: “What aspect of the Running Title course was most advantageous for you?” The conveyance problems and […]
There has never been a better time to earn your university level certificate in land management. Whether you are a landman, division order analyst or lease analyst – Midland College, in the heart of the Permian Basin, offers you a certificate in each of these disciplines. Expand your land management knowledge with practical, real life […]
As a landman, negotiating an oil and gas lease with a mineral owner requires a strategic approach and a thorough understanding of the industry. Here are eight key steps to successfully navigate this process: Research and prepare: Begin by conducting extensive research on the mineral owner, their property and any existing leases in the […]
Over the years I have been asked many times what do you do, where do you work, or what is your career? When I reply that I am a Petroleum Landman, it is usually followed with the question, “What does a Petroleum Landman do?” It is an easy answer, yet at the same time it […]
Recently, I had the privilege of receiving an article from one of our esteemed subscribers, Jerry Taylor. With an impressive 61 (yes, 61!) years of experience as a seasoned landman, Jerry penned an insightful piece delineating the nuances of a landman’s role and the broader landscape of land work. Upon seeking his permission to share […]
This month, I want to celebrate in our Midland College family. I’d like to honor your peers who successfully completed one of our six-month, online certificate programs in the first half of 2023. As working professionals it’s often tough to balance doing your job and finding time to learn, train and improve your skills. It’s […]
As a landman, negotiating an oil and gas lease with a mineral owner requires a strategic approach and a thorough understanding of the industry. Here are some key steps to successfully navigate this process: Research and Preparation: Begin by conducting extensive research on the mineral owner, their property, and any existing leases in the area. […]
Texas Supreme Court Ruling Restricting Post-Production Deductions in New Royalty Clauses Now Being Tested in $100M Lawsuit Pay attention – there are some new royalty clauses in town and the Texas Supreme Court is interpreting them against oil and gas companies who attempt to deduct post-production costs from their lessor’s royalty payment. What’s unique about […]
In the ever-changing world of land management, continuous learning is not just beneficial; it is imperative. Our profession is multi-layered and constantly evolving, presenting us with new challenges and opportunities at every turn. Attending educational events, such as conferences, seminars, and workshops, not only allows us to stay up-to-date with the latest industry trends but […]
What is a “Washout Provision”? The term “washout provision” can be misleading because there is actually no such provision. Instead, it refers to the situation where an overriding royalty interest is created in an assignment of an oil and gas lease to a new owner. When the assigned lease expires, the overriding royalty interest […]