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"Knowledge

itself  is

power"

Francis Bacon, Sr.

1561-1626
Seminars/Programs Detail
Fundamentals of Titles, Leases & Contracts
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Click here for the Seminar Brochure

NOTICE: 

Mr. Lewis Mosburg is retiring after the October 2011 class on Fundamentals of Titles, Leases and Contracts.  If this is the immediate training you are needing, please plan to register in this last public class.  The University of Tulsa, CESE, will continue to  offer Petroleum Land Practices programs and currently is screening and seeking instructors in this field.   TU-CESE plans to offer these classes in the Spring, 2012.

This course provides a detailed introduction and review of land titles, leases and contracts for the new and experienced landman, and land support staff. It offers an overview of the significance of the "land" issues for members of the exploration team and company management.

Mosburg uses a practical application approach and will take you through useful and extensive exercises emphasizing titles and leases with an introduction of Farmout and Joint Operating Agreements.
Audience:

Who Should Attend:

  •  Landmen
  • Contract Negotiators
  • Contract Specialists
  • Attorneys
  • Accountants
  • Members of the Land Support Team
  • "Joint Account" Billing and Audit Personnel
  • Management working with oil and gas contracts
  • Anyone involved in negotiatin gor working with joint operating agreements, or with contracts involving the purchase, sale, or transportion of natural gas

 No prerequisites are required.
Objectives:

Mr. Mosburg uses "real-world problems and real-world solutions" in this practical applications seminar. 

You will learn:

  • How to interpret deeds, reservations, and mineral and royalty grants
  • Rights and obligation osf the oil and gas lease
  • The effect of royalty, dealy rental, shut-in royalty, Pugh, "Mother Hubbard", commence drilling-continuous operation, and other lease clases
  • The negotiation, use, and interpretationof Farmout and Joint Operating Agreements

Comments:

"A truly great course!  Very helpful, practical information." - J. McGlothe, Land Rep., Chevron

"This course is an excellent overview for anyone new to the land area of oil and gas."-S. Goines, Sr. Title Analyst, EOG Resources, Inc.

"Mr. Mosburg is a wonderful speaker - very informative, engaging." - L. Bauer Ashby, Land Technician, EOG Resources

"Mr. Mosburg completely grabs the attention of his audience and keeps us engaged throughout the course. He is one of the best instructors I have heard." -L. Sizemore, Eng. Tech, Pioneer Natural Resources.
Length: 3 days
Accreditation: 1.6 CEUs (Continuing Education Units)
16 PDHs (Professional Development Hours)
18 CPEs (Continuing Professional Education)
19 CLE (Oklahoma Continuing Legal Education)
15.75 AAPL
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Seeking Seminar Instructors:  The University of Tulsa's Continuing Engineering & Science Education, the industry training leader since 1976, is seeking seminar instructors to teach various non-credit petroleum land practices seminars throughout the U.S.  For more information/job description, click here.
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