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.