Course Level:  Overview

Course Description:

AAPL’s Held By Production webinar is designed to discuss the HBP status of a lease from two perspectives: 1) The state regulatory statutes and 2) The terms in the oil and gas lease. It is also designed with the in-house and title landman in mind as it pertains to putting a lease block together or making an acquisition or divestiture of production and/or oil and gas leasehold. The information is presented in a generalized fashion rather than focusing on any one state, although certain situations in individual states will be discussed from an example point of view.

Course Schedule**:

8:30 AM         Leases Held by Production

9:30 AM         Surface and Subsurface Issues and Horizontal Drilling

10:30 AM       Break

10:45 AM       Allocation Wells

11:30 AM       Lunch

1:00 PM          Federal Leases

2:00 PM          Royalty Payments

3:00 PM          Break

3:15 PM          Nonparticipating Royalty Interests

3:45 PM          Deduction of Post-Production Expenses

4:45 PM          Adjourn

**Schedule subject to change