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Events
Working Interest and Net Revenue Interest Seminar
Date:
September 16, 2021
Time:
8:00 AM - 3:30 PM
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Format:
Education Events
Credits:
6.00 CEU

COURSE LEVEL:  Basic/Overview

 

COURSE DESCRIPTION:

This workshop is intended to equip Land Professionals with elementary skills for Working Interest [WI] and Net Revenue Interest [NRI] calculations. Instruction is limited to NRI and WI calculations which may be found in leases, assignments, operating agreements and associated documents.

 

COURSE TOPICS:

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 | Surface Average Allocation vs. Volumetric Allocation | Farmouts | JOA

 

COURSE SCHEDULE:


8:00 AM          Registration & Continental Breakfast

8:15 AM          Instruction & Examples

11:30 PM        Lunch

12:00 PM        Instruction & Examples Continued… 

3:30 PM          Adjourn

 

REGISTRATION PRICING:

AAPL Member                                                $300

Non-Member                                                  $425

Accredited Student Member                          $0

Professional Development Assistance           $0

  • List Price: $425.00
  • Member Price: $300.00
 
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