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.

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David W. Wallace, J.D.


One Day Course: $550
Both Courses: $1095

Course 1

Geology, Engineering, Financial & Legal Foundation

  • Geology, Engineering and Financial Concepts
  • Major Shale Plays in Texas and the U.S.
  • Minerals and Estates in Land including Mineral Severance
  • 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
Thursday, October 1, 2020

Course 2

COURSE 2: Negotiating & Executing a Great Lease

  • Negotiating Styles & Best Practices
  • What Constitutes a Great Lease for Larger Royalty Owners
  • Royalty Interests and Rights
  • Pooling, Unitization & Combining Royalty Interests
  • Division orders
  • Royalty – Getting Your Fair Share
  • Division Orders
  • Surface Use Agreements and Surface Damages
  • Horizontal Drilling and Hydraulic Fracturing
  • Allocation Wells & Production Sharing Agreements
  • Getting Your Fair Share of Oil & Gas Revenue
Friday, October 2, 2020

Register for both courses at a discounted rate.

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

Register Today