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Understanding the Landman

An interactive course designed for Non-Landmen and individuals desiring to expand and increase their Oil and Gas Landman knowledge. It is suitable for petroleum industry new hires, revenue, joint interest, business professionals, investment advisors, analysts, exploration, transportation, regulators, government employees, and lawyers or anyone who interacts with the Land Department.

Understanding the Landman

Description

Course Content

This course covers the following topics:

  • Introduction and Overview of Oil and Gas Landman Operations
    • What is a Landman?
    • Minerals and Ownership
    • History of land and Leasing
    • Terminology
  • Land Departments in oil and Gas
    • Landman
    • Division Orders
    • Lease Analysts
    • Relationship
  • Royalty and Working Interest
    • Royalty defined and documents used
    • Working Interest defined and documents used
  • Net Revenue and Overriding Interest
    • Overriding interest
    • Working Interest
  • Carried Interest and Farm-out
  • Law of the Land
    • Conservations Laws
    • Common laws

Learning Objectives

Upon completion of this course, you will be able to:

  1. Describe the Land Department and landman operations
  2. Discuss laws affecting oil and gas leases
  3. Summarize how to obtain leases and types of leases
  4. Differentiate and discuss Land Department documents
  5. Evaluate ownership rights

This in-person class is currently unavailable. Please check out our Understanding Landman webinar series.

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Testimonials

Networking is so important. It will help with your job and career, and you will gain knowledge you can’t get sitting at a desk. The people in COPAS have mentored me, answered questions for me, and genuinely cared about me and my family.

Melissa Gruenewald
Rating: 5

COPAS has great learning opportunities, leadership opportunities, and ways to develop relationships with other accountants and oil and gas professionals. You will work hard when you get involved, but the experiences, people and benefits will be worth it.

Melissa Gruenewald
Rating: 5

For anyone searching for energy knowledge, professional industry contacts, peers with whom to discuss similar dilemmas, and access to energy experts—COPAS is the place to be!

Carolyn Sczepanski
Rating: 5
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OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

OUR MISSION

COPAS provides expertise for the oil and gas industry through the development of Model Form Accounting Procedures, publications, and education. We are a forum for the active exchange of ideas which result in innovative business and accounting solutions.

COPAS

P.O. Box 21272
Wichita, KS 67208
Tel: 303-300-1131

Contact Us →

CONNECT WITH US

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