Advanced Royalty Owner Program

This program focuses on more advanced legal and operational concepts that large and medium-sized royalty owners must be familiar with to maximize the return on investment in their mineral assets. It is assumed that participants have a basic understanding of the Oil & Gas industry and minerals management. After completing the program, participants will be at the state of the art in managing their assets. In addition to royalty owners, the program is open to licensed professionals who advise, support, and work with larger royalty owners, including landmen, attorneys, accountants, financial advisors, trust officers, lenders, investors, estate planners, consultants, and family minerals managers.

Choose Your Location

Location

TSCRA (Texas and Southwestern Cattle Raisers Association Building) Headquarters
1301 West Seventh Street
Ft. Worth, Texas 76102-2665
The Brand Room
(Classes will be held from 8:30am-4:30pm)

Instructor

David W. Wallace, J.D.

Tuition

One Day Course: $550
All Three Courses: $1595 (usually $1650)

Course 1

Geologic, Engineering, & Legal Foundation of Mineral Ownership

  • Geologic, Engineering and Financial Concepts
  • Shale Plays in Texas and the U.S.
  • Minerals and Estates in Land including Mineral Severance & the Dominant Estate
  • Royalties, Overriding Royalties, & Working Interests
  • Rule of Capture & Doctrine of Correlative Rights
  • State & Federal Regulations – Horizontal Drilling, Fracing, & Allocation
  • Pooling, Unitization, & Allocation
  • Marketable Title & Curative Methods
Wednesday, February 20, 2019
Register

Course 2

Negotiating Oil & Gas Leases, including Surface Use & Damages Agreements

  • Negotiating Styles & Best Practices
  • What Constitutes a Good Lease for Large Royalty Owners
  • More Challenging Lease Clauses & Modifications to Conventional Leases
  • Royalty – Getting Your Fair Share
  • Surface Use Agreements and Surface Damages
  • Negotiating a Mock Lease
Thursday, February 21, 2019
Register

Course 3

Calculating Division Orders, Title Opinions, & Critical Lease Clauses

  • Review of Critical Concepts
  • Royalty Interests
  • Pooling, Unitization & Combining Royalty Interests
  • Allocation Wells & Production Sharing Agreements
  • Getting Your Fair Share of Oil & Gas Revenue
  • Division orders and transfer letters, JIBs, and rights of working interest owners
Friday, February 22, 2019
Register

Register for all three courses at a discounted rate.

Course 1

Geologic, Engineering, & Legal Foundation of Mineral Ownership

  • Geologic, Engineering and Financial Concepts
  • Shale Plays in Texas and the U.S.
  • Minerals and Estates in Land including Mineral Severance & the Dominant Estate
  • Royalties, Overriding Royalties, & Working Interests
  • Rule of Capture & Doctrine of Correlative Rights
  • State & Federal Regulations – Horizontal Drilling, Fracing, & Allocation
  • Pooling, Unitization, & Allocation
  • Marketable Title & Curative Methods
Wednesday, November 6, 2019
Register

Course 2

Negotiating Oil & Gas Leases, including Surface Use & Damages Agreements

  • Negotiating Styles & Best Practices
  • What Constitutes a Good Lease for Large Royalty Owners
  • More Challenging Lease Clauses & Modifications to Conventional Leases
  • Royalty – Getting Your Fair Share
  • Surface Use Agreements and Surface Damages
  • Negotiating a Mock Lease
Thursday, November 7, 2019
Register

Course 3

Calculating Division Orders, Title Opinions, & Critical Lease Clauses

  • Review of Critical Concepts
  • Royalty Interests
  • Pooling, Unitization & Combining Royalty Interests
  • Allocation Wells & Production Sharing Agreements
  • Getting Your Fair Share of Oil & Gas Revenue
  • Division orders and transfer letters, JIBs, and rights of working interest owners
Friday, November 8, 2019
Register

Register for all three courses at a discounted rate.

Location

Angelo State University
LeGrand Alumni & Visitors Center
1620 University Avenue
San Angelo, Texas 76904
(Classes will be held from 8:30am-4:30pm)

Instructor

David W. Wallace, J.D.

Tuition

One Day Course: $550
All Three Courses: $1595 (usually $1650)

Course 1

Geologic, Engineering, & Legal Foundation of Mineral Ownership

  • Geologic, Engineering and Financial Concepts
  • Shale Plays in Texas and the U.S.
  • Minerals and Estates in Land including Mineral Severance & the Dominant Estate
  • Royalties, Overriding Royalties, & Working Interests
  • Rule of Capture & Doctrine of Correlative Rights
  • State & Federal Regulations – Horizontal Drilling, Fracing, & Allocation
  • Pooling, Unitization, & Allocation
  • Marketable Title & Curative Methods
Wednesday, May 29, 2019
Register

Course 2

Negotiating Oil & Gas Leases, including Surface Use & Damages Agreements

  • Negotiating Styles & Best Practices
  • What Constitutes a Good Lease for Large Royalty Owners
  • More Challenging Lease Clauses & Modifications to Conventional Leases
  • Royalty – Getting Your Fair Share
  • Surface Use Agreements and Surface Damages
  • Negotiating a Mock Lease
Thursday, May 30, 2019
Register

Course 3

Calculating Division Orders, Title Opinions, & Critical Lease Clauses

  • Review of Critical Concepts
  • Royalty Interests
  • Pooling, Unitization & Combining Royalty Interests
  • Allocation Wells & Production Sharing Agreements
  • Getting Your Fair Share of Oil & Gas Revenue
  • Division orders and transfer letters, JIBs, and rights of working interest owners
Friday, May 31, 2019
Register

Register for all three courses at a discounted rate.

Now is the time to take action in managing your mineral assets.

Register Today