Course Overview Video
Diversify Your Career Skills
The Joint Operating Agreement (JOA) was used traditionally to allow parties owning adjoining Leases
or undivided interests in the same Leases to jointly develop the properties.
The JOA not only attempts to govern the operations and activities prior to the drilling of the ‘Initial
Well’ but provides guidelines and options for operations after the Initial Well is drilled.
There many Expressed Obligation set forth in the JOA, such Notice and time limits restrictions on marketing.
It is important for the Operator to become very familiar with these obligations.
Operators and Non-Operators should also be aware of the Council of Petroleum Accountants Societies
(COPAS) accounting procedures usually attached to and made a part of most JOAs.
Syllabus
• Impact of Lease terms
• Farmouts
• Marketing & Gas Balancing Agreements
• Special Title and Unit Size issues
• Unit Size Changes
• Gas Marketing Issues
• Handling and Marketing Production under the JOA
• Operator’s Right to Production
• Expressed Obligations
• Operator’s Standard of Care
• JOA – What is not Covered
• JOA – Case Law
• JOA – COPAS Issues
The course writer and instructor:
Pat Fitzgerald
David Melton
We are trusted by Industry Leaders
The Petroleum Landman School in ran by seasoned veterans of the industry, and our courses are backed by leading companies.
But let's hear what actual graduates have to say:
Dave,
After finishing your class in August and now it being the first of October, I actually got a job last week working full time for a landman in Santa Fe handling federal leases. I will tell you that they say what I learned in your class puts me ahead of the game so it was time and money well spent.
K. Haase
Dear David,
Thank you for the truly informative course held last September.
I have completed my first year as an in-house landman for a petroleum company and can’t imagine how I could have achieved it without your excellent tutelage.
R. Sidwell
Enrollment Options
Live Classroom
- Includes Printed Course Manual
- Testing, Homework, and Workshops
- Document Downloads
- 10 Course Contact Hours
- Student Minimum: 10
$1,500
Live Webinar
- Includes Printed Course Manual
- Testing, Homework, and Workshops
- Document Downloads
- 10 Course Contact Hours
- Student Minimum: 5
$1,250
Self-Paced Online
- Printed Course Manual Not Included / Available Separately for $112 + Shipping
- Testing, Homework, and Workshops
- Document Downloads
- 10 Course Contact Hours
- Available for Six Months
$750