Working Interest and Net Revenue Interest Calculations - Basic - Midland, TX
- Registration Closed
Day one will consist of Basic instruction and examples. Day two will consist of Advanced instruction and examples. You may choose to take these sessions individually or together, but It is strongly recommended that you take the Basic Workshop prior to taking the Advanced Workshop.
BASIC COURSE CONTENT:
- Effects of Typical Lease Clauses
- Granting Clause
- Royalty Clause
- Proportionate Reduction Clause Assignment Clause
- Pooling Clause
- Analysis of Calculation & Concepts
- Average Royalty vs. Weighted Average Royalty
- Balancing Owner
- Lease vs. Tract vs. Unit vs. Field-wide Unit vs. Field wide Unit
- Surface Average Allocation vs. Volumetric Allocation
After you select [REGISTER $], use the drop down arrow to choose your preferred registration. (The Default is for the 2-Day Basic AND Advanced option.)
Douglas M. Potter, CPL
Douglas M. Potter received his BS in Geology in 1976 and MBA in Finance in 1981 from the University of Colorado in Boulder. As a Geologist, Potter worked for Conoco in Wyoming [Uranium] and Cordillera Exploration in Bolivia [Gold]. As a company Landman, Potter worked for Phillips Petroleum [Oil Shale], Atlantic Richfield Company, and Anadarko Petroleum Corporation.
Potter’s diversified background includes serving in other capacities, including Independent Landman, Division Order Analyst, Lease & Title Analyst, and Supervisor of GIS Mapping. Potter is a Certified Professional Landman [CPL], a Certified Division Order Analyst [CDOA], and a Certified Lease & Title Analyst [CPLTA].
In 2012, Doug Potter was awarded Landman of the Year by the Denver Association of Petroleum Landmen and the recipient of the AAPL Education Award for 2014. Doug Potter is a member of the Denver Association of Petroleum Landmen, American Association of Professional Landmen, Denver Association of Division Order Analysts, National Association of Division Order Analysts, Denver Association of Lease & Title Analysts, National Association of Lease & Title Analysts, Rocky Mountain Association of Geologists, and is a Distinguished Toastmaster.