Welcome,
AAPL is the land profession’s trusted resource for support, ethical standards of practice, career advancement and legislative advocacy.
We help enhance the integrity, professional standing and earning potential of our members through our Code of Ethics, Standards of Practice and Certification Program.
AAPL membership can be a tremendous asset in moving you toward your professional goals.
AAPL offers various educational programs, workshops and regional institutes for landmen as well as oil and gas professionals.
Don’t miss an opportunity to network with your peers and advance your career.
We’re committed to keeping our members informed, competitive, and up to date.
COURSE LEVEL: INTERMEDIATE
BASIC COURSE CONTENT:- Effects of Typical Lease Clauses- Granting Clause- Royalty Clause- Proportionate Reduction Clause Assignment Clause- Pooling Clause- Analysis of Calculation & Concepts - Average Royalty vs. Weighted Average Royalty- TPF- Balancing Owner- Lease vs. Tract vs. Unit vs. Field-wide Unit vs. Field wide Unit- Surface Average Allocation vs. Volumetric Allocation- Farmouts- JOA
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