Horizontal & Allocation Well Workshop

  • 14 Aug 2014
  • 8:00 AM
  • Crowne Plaza Hotel @ 1700 Smith St, Houston, TX
  • 5

Registration

  • (Includes Workbook)
  • (Includes Workbook)

Registration is closed
NADOA
Presents a Full Day
Horizontal & Allocation Well Workshop
Taught by Marsha Breazeale
At The Crown Plaza: Downtown Houston
 1600 Smith Street, Room 35004, Houston, TX  77002
August 14, 2014
8 am to 4:15 pm
LIMITED TO 90 ATTENDEES
Registration Deadline – August 7, 2014

NADOA Members $125 (includes workbook)
Non-Members $175 (includes workbook)

Credits:
CPLTA: 7 credits
CPL: 7 credits
RPL: 7 credits
CDOA: 6 credits

Seminar will be held in the Bluebonnet - B Room on the 2nd floor.
Please arrive no later than 7:45 to check-in with the NADOA registration desk.  

Workshop Topics:

INTRODUCTION & OPENING REMARKS 8:00 a.m. to 8:15 a.m. 

Part I: 8:15 a.m. to 9:45 a.m.
Basics and Basis for Horizontal & Allocation Wells 
Comparisons between vertical, directional, horizontal and allocation wells  
Importance of well and unit plats in horizontal & allocation wells 
Types of horizontal allocation wells and title considerations of each 
Detailed discussion of special contracts for horizontal allocation wells 

BREAK 9:45 a.m. to 10:00 a.m.
 
Part II: 10:00 a.m. to 11:30 a.m.
Analyzing Title to Horizontal & Allocation Wells 
Layered units and title challenges 
Unleased, unratified, non-pooled leased interests 
Using opinions and other title documentation 
Important title considerations 

LUNCH 11:30 a.m. to 1:00 p.m. (provided at seminar)

Part III: 1:00 p.m. to 2:30 p.m.
Using Ownership Spreadsheets for Title Analysis 
Overview of use and construction of spreadsheets 
Coordinating title documentation to plats to build the spreadsheet 
Systematic approach to creating a title spreadsheet 
Best practices: shortcuts to create spreadsheets for BPO and each payout at the same time 

BREAK 2:30 p.m. to 2:45 p.m. 

Part IV: 2:45 p.m. to 4:15 p.m.
The Division of Interest 
Applying title issues to the division of interest 
Marketing considerations and challenges 
Importance of maintaining title to allocation well segments & ways to do it 
Coordination of division orders, operations, marketing & accounting departments 

CLOSING REMARKS 4:15 p.m.

You must bring a solar calculator or battery powered device.  There are no plugins for computers or cell phones.  A calculator is a MUST for enhanced learning.  A workbook will be provided.

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