Answer: No, if the lease is a “market value at the well lease” and the gas is used to power equipment used to make the gas marketable, no royalties are due. In another victory for oil and gas companies, royalty owners who brought a class action lawsuit in the U.S. District Court for the Southern […]
An MFN is an abbreviation for a clause in an oil and gas lease known as a Most Favored Nation clause. The term derives from international economic relations requiring that all countries be treated equally in terms of favorable trade treatment. In the oil and gas business, an MFN typically requires that if a lessee […]
As we’re gearing up for the April start of our PLM and DO Module 1 classes as well as the soon-to-launch Leasing course this spring, I often get asked how I came about starting Land Training and my online course programs. And, this month I’m sharing a short, 3-minute video blog from me on how […]
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 […]
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 […]
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 […]
As a preview to our November online courses, I’m taking time in this newsletter to highlight some supplemental resources of value to landmen. Of all the courses that I teach, the topics of title, conveyance and calculation are the most vital for our field. As such, Module 2 is one of my most favorite in […]
I’ve just returned from NADOA‘s annual conference last week. It was a treat to see folks in person. As expected, the conference was filled with great information and networking. I had the honor of presenting a keynote on environmental law this year. Our industry gets a bad rap when it comes to the environment, and […]
Like many of you, I’ve been doing a little binge-watching Netflix this summer. I stumbled on the Netflix show called “This is Pop,” which is all about pop music. It’s a docuseries that is fascinating. Imagine my surprise when I found an episode on music with ties to our industry. Well, one episode explains the origins […]
It’s hard to believe that we’re more than halfway through summer – at least for those of us with kids on the countdown clock to resuming school. And, even better news is that two of our big annual conferences are back and in-person. I’m thrilled that I’ll be able to see many of you in […]