In this third and final installment on allocation wells, we are going to examine the difference to the mineral owner in terms of which is better for them – an allocation well or a single well? Let’s assume we have a mineral owner with a 100% interest in a 320-acre tract of land and he […]

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In the last newsletter, we learned that one of the formulas for calculating interests in an allocation well is: AllocationRoyalty Calculation Lateral length of horizontal well bore on lessor’s tract Total horizontal wellbore length This month, I thought it would be beneficial to apply the allocation tract factor and do an actual calculation based on […]

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One question that I am repeatedly asked lately is what are Allocation Wells and how is royalty calculated in one for division order purposes? So, I thought I would answer those questions in this month’s newsletter and begin a series about this important current topic. For this month’s newsletter, we’ll answer these questions beginning with […]

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Let’s celebrate! As many of you may have attended high school and college graduations for your family or friends this past month, I too want to celebrate in our Midland College family. This month I’m honoring your peers who successfully completed one of our six-month, online certificate programs. As working professionals, it’s often tough to […]

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As students in my courses know, I’m a big believer in the value of networking, mentoring, and continuous education. In fact as part of our Professional Land Management and Division Order certificates, I require students to attend a monthly industry meeting. With COVID changes over the past two years, many of those events moved to […]

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As working professionals, it’s often tough to balance doing your job and finding time to learn, train and improve your skills. It’s why I’m so passionate about our self-paced, online classes to help make it easy for land professionals to achieve that second part easily. As we celebrate the holiday season, I also want to […]

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I’m pleased to share that we’ve published a special Frequently Asked Questions (FAQs) webpage, answering questions students have about our online courses. We cover some almost 30 questions that feature: Course Overviews & Requirements Course Format & Schedule Tuition & Fees Industry Association Requirements As the courses are provided via Midland College’s Petroleum Professional Development Center, you’ll find quick access […]

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