In the U.S., in order to secure permission to drill and explore on the lands of another, the oil and gas company must get permission (via a lease) from the mineral owner. Usually, the person who owns the surface of the land also owns the minerals beneath it. However, those minerals can be severed resulting in one party owning the surface only (surface estate) and another party owning the minerals only (mineral estate). To obtain a valid lease, we must be able to determine the correct mineral owner by examining the different types of instruments, then interpreting those instruments based on the specific language used. This course covers how to identify, analyze and interpret conveyance instruments to determine mineral ownership.
Specifically, we will look at the key language that distinguishes between a conveyance of a mineral interest and a royalty interest, and conveyance of a divided interest vs. an undivided Interests. We will also look at several laws that impact interpretation of the instruments such as the After Acquired Title Doctrine and the Double-Fraction Rule (how fractional interests are interpreted) by examining the landmark case of Duhig v. Peavey Moore Lumber Company. As a bonus, we will look at how to interpret calculation language in deeds when mathematical “buzz words” are used.
Who should take this course:
Landmen, attorneys, land owners, division order analysts, lease and title analysts, geologists and anyone on the exploration and production side interested in learning more about the legal side of mineral ownership.
Upon successful completion of this course, you will be able to read, analyze and interpret conveyance instruments used to create a mineral interest. You will also be able to distinguish between the different types of deeds used to create these interests including the Warranty, Quit-Claim, Special Warranty and Dresser Drawer Deeds. You will also be able to interpret language in conveyance instruments and determine exactly what is being conveyed - mineral interest or royalty interest, divided interest or undivided interest, full mineral interest or a portion of the mineral interest. Ultimately, you will be able to apply this knowledge to determine the correct mineral owner and obtain a valid lease for exploration and production that will benefit your company.
1hr video lectures
Alyce Boudreaux Hoge is an attorney, a Certified Division Order Analyst and a Certified Professional Lease and Title Analyst. She was admitted to the State Bars of Texas and Louisiana and has over 25 years experience in the oil and gas industry. Alyce received her Bachelor of Arts in History at Centenary College of Louisiana. She received her Juris Doctorate from Louisiana State University Law School.
Alyce is a popular and dynamic speaker. She often speaks at national conferences to standing room only audiences. With her legal background and signature Cajun humor, Alyce is fond of saying she gives "Legal Advice with Cajun Spice." Come see why many consider her training to be the BEST in the industry!