Thank you for considering our
Production Sharing Agreements / Allocation Wells Essentials course.

It is the most comprehensive course of its kind available today by way of the 300+ years of our unequaled advisory board members' hands on executive experience in this field.

This is one of the most needed training courses for Petroleum Landmen because of its wide impact on pooling for horizontal wells in Texas.

Most Landmen do not have a vast amount of experience when it comes to fully understanding Production Sharing Agreements and Allocation Wells, and what we call Hold-Outs, or an Allocation Well permit.

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This course will discuss several key and critical issues in great detail regarding this subject. In each chapter we get into the many facets of the title of that chapter. Please review the syllabus below to see the chapter breakdown of the course.

Every effort has been made to anticipate any questions you may have and to include information in this course that will help you answer them.

Our goal and focus has always been to provide the best academic and professional training available for all aspects of the petroleum industry, from the beginner to the most experienced.

We realize that you need to be able to broaden your knowledge base regarding the different skill sets needed to succeed as a well rounded Landman or Right-of-Way Agent in today's industry.

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We have assembled what we believe is vital information which will be helpful for those working in the skill set of dealing with pooling and how to proceed with successfully drafting and executing production sharing agreements.

Therefor, it is our sincere hope that after taking this course you should be able to better understand this subject and how it applies to all aspects of pre and post drilling activities.

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Syllabus
Production Sharing Agreements / Allocation Wells Essentials

The course covers:

  • Background
  • Background - Poolings
  • Background – Pugh Clause
  • Production Sharing Agreements
  • Allocation Wells
  • Regulatory Framework
  • Planning and Operating a Horizontal Well
  • Sample – Cooperative Production Allocation Agreement
  • Sample – Division of Interest
  • Allocation Wells and Retained Acreage Clauses
  • Allocation Wells and Non-Participating Royalty Interest
  • Community Leases
  • Workshop – “What if”

The class is taught:

  • Live – 16 contact hours.
  • Self-paced Online – Available for Six Months.
  • Testing/Homework/Workshops.
  • Has a course manual with note taking ability.

The course writers and instructor:

Allen Cummings

  • Mr. Cummings, Oil and Gas attorney since 1975, is well known for his expertise in due diligence and oil and gas contract law. Mr. Cummings is a member of the State Bar of Texas Pattern Jury Charge Oil and Gas Committee; Member of the Texas Board of Legal Specialization Oil, Gas and Mineral Law Exam Commission; Chairman of the AAPL for the annual meeting workshop; Co-Chairman of the Rocky Mineral Law Foundation Special Institute, Development Issues and Conflicts in modern Oil and Gas plays. Accomplished course writer, presenter and published author. Mr. Cummings has written articles for the AAPL regarding Due Diligence, which has been adopted by many as the gold standard for this skill set.

David Melton

  • Mr. Melton, a professional landman since 1980, has acquired vast experience in acquisitions and divestitures as well as executive management skills (VP of Land) for a small E&P company and as a GM and COO for two large land brokerage firms with multiple offices in Oklahoma, Texas, Montana, Colorado, Ohio, West Virginia and Pennsylvania. In addition, Mr. Melton has over 40 years’ experience in oil and gas exploration and production including operations, land management and administration in all phases. He formed the Petroleum Landman School in 2005 and has taught students from 34 states and two foreign countries. Mr. Melton is a recognized public speaker, course writer and presenter for the AAPL and a published author for the AAPL, IRWA and Oilprice.com.
We are trusted by Industry Leaders
The Petroleum Landman School in ran by seasoned veterans of the industry, and our courses are backed by leading companies. But let's hear what actual graduates have to say:

Dave,

After finishing your class in August and now it being the first of October, I actually got a job last week working full time for a landman in Santa Fe handling federal leases.   I will tell you that they say what I learned in your class puts me ahead of the game so it was time and money well spent.

K. Haase

Dear David,

Thank you for the truly informative course held last September. 
I have completed my first year as an in-house landman for a petroleum company and can’t imagine how I could have achieved it without your excellent tutelage.

R. Sidwell
The Federal (FTC) Holder in Due Course Rule/Notice may apply.  Click here to view the entire Rule/Notice.
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