This course takes the division order analyst on a journey whereby they will look at various elements of a conveyance or contract in order to rightly divide the division of interest. The course asks the analyst to study each of these elements and then examine actual deeds and/or contracts in order to determine proper and correct ownership outcomes. 

Understanding property and mineral ownership and the transferring of title is critical for all those working in petroleum land management. This course takes an in-depth and thorough look at the subject, studying land and mineral ownership in the United States, differing types of property ownership, the rules surrounding ownership & conveying property, varying types of conveyances, testate and intestate succession, the many types of title transfers that result from court actions, curing land titles and the laws governing oil and gas ownership and development. 

Contracts are the heart and soul of the oil and gas industry which uses a number of unique agreements in order to explore for, develop, produce, and market oil and gas. This course will provide an understanding of contract law and is designed for all oil and gas professionals or those having a desire to work directly or indirectly in land or land administration. Contracts examined in the course will include the Joint Venture Agreement, Area of Mutual Interest Agreement, Seismic Agreements, Surface Agreements, unit operating agreements, unit agreements, the AAPL Joint Operating Agreement and the Farmout Agreement. This course takes a detailed look at these contracts and allows the student an opportunity to see why and when these contracts would be used and the challenges they may pose.