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TULSA
OKLAHOMA CITY
6 CDOA credits for each day
Oil and Gas Calculations for Beginners – Part 1 Room 108 March 24th This class will look at the history of division orders, from the Blanchard decision through Senate Bill 168 when all of the royalty in Oklahoma was unitized in 1993. We will discuss the different producing states and the calculations for each. Teach you how to read calculations through examining a title opinion, understanding overrides and the gross and net revenue of working interest owners. Teach you to calculate PPI’s (Proportionate Production Interest) in Oklahoma. This class will be taught in an introductory level, very basic, and will include a workbook that you can use as a reference tool.
Oil and Gas Calculations for Beginners – Part 2 Room 104 March 25th You will need to have taken our beginners class - or – understand how to calculate net working interests and the burden relationship. This class will cover more leasehold net problems. How to set up non-op wells for your company’s 8/8ths (taking in kind). Farmouts and the reservation scenarios. Back in after payout, non-consent working interest owners and the formula used to distribute their interest to the other partners. Review the different styles of title opinions and examine the formulas used by the attorneys. Cover inflated decimals and why they are inflated. Discuss different gas markets and the volumes used for gas balancing.
This class will be taught in an introductory level, and will include a
workbook that you can use as a reference tool. We will continue to
have you complete work projects in class as we have found this style helps
with the comprehension of the calculations.
Spreadsheet calculations ˝ day – CDOA
credits pending
Room :
Main Hall, Computer Lab #2324
New!
Many students have asked to explain the formulas used to set up the
spreadsheet and have requested a class. This class will be held in OSU’s
computer lab. It is important
that you have prior knowledge of excel and the formula process. We will be
covering the working interest owner, the lease royalty burdens and
overrides, and their deduction from the working interest gross.
It is important that you have taken the Oil and Gas Calculations
classes, or, have a knowledge of leasehold nets of the working interest.
Instructor:
Sherry Robinson, CDOA (918)-231-9868
Location:
Email us at
Lunch will be provided
Tools: Bring a battery operated calculator, only, for the Oil and Gas
Calculations classes
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Oklahoma City
6 CDOA credits for each day
Oil and Gas Calculations for Beginners – Part 1 – Room 211 May 5, 2010
This class will look at
the history of division orders, from the Blanchard decision through Senate
Bill 168 when all of the royalty in Teach you how to read calculations through examining a title opinion, understanding overrides and the gross and net revenue of working interest owners.
Teach you to calculate
PPI’s (Proportionate Production Interest) in This class will be taught in an introductory level, very basic, and will include a workbook that you can use as a reference tool.
Oil and Gas Calculations for Beginners – Part 2- Room 211 May 6, 2010 You will need to have taken our beginners class - or – understand how to calculate net working interests and the burden relationship. This class will cover more leasehold net problems. How to set up non-op wells for your company’s 8/8ths (taking in kind). Farmouts and the reservation scenarios. Back in after payout, non-consent working interest owners and the formula used to distribute their interest to the other partners. Review the different styles of title opinions and examine the formulas used by the attorneys. Cover inflated decimals and why they are inflated. Discuss different gas markets and the volumes used for gas balancing.
This class will be taught in an introductory level, and will include a
workbook that you can use as a reference tool. We will continue to
have you complete work projects in class as we have found this style helps
with the comprehension of the calculations.
Bring battery operated
calculator
Spreadsheet calculations ˝ day – CDOA
credits pending
Room :
P200 May 7, 2010 – computer lab
New!
Many students have asked to explain the formulas used to set up the
spreadsheet and have requested a class. This class will be held in a
computer lab. It is important
that you have prior knowledge of Excel and the formula process. We will be
covering the working interest owner, the lease royalty burdens and
overrides, and their deduction from the working interest gross.
It is important that you have taken the Oil and Gas Calculations
classes, or, have a knowledge of leasehold nets of the working interest.
Flash drive included in price
Instructor:
Sherry Robinson, CDOA (918)-231-9868 Location:
South Penn Campus
– Room 211(May 5 & 6th) Room 200 (May 7th)
(upstairs – NE
end)
Email us at
Price does not include lunch – there is a lunch counter on site for your
purchase
Tools: Bring a battery operated calculator, only, for the Oil and Gas
Calculation classes
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