For course information, costs and registration go to the landman101 website.
(Please note that this is a privately offered course and is not operated or hosted by HAPL)
Late registration: The last day to register for the class at a cost of $425 per seat is Monday, July 23. Late registration begins July 24 at a cost of $475 per seat.
LANDMAN 101 - Course Outline
"Landman 101" is a seminar introducing the novice to the principals and processes of land, mineral, and royalty ownership, title search and oil and gas leasing - including preparation of leases, drafts, reports, and supporting documents. There will be a discussion of what happens to the lease from being signed by the Lessor until division orders are mailed. Also addressed, will be professional business conduct and practical information for working on the road and as an independent contractor.
- Introduction - Why am I here?
- Overview of the role of the Field Landman
- Patents
- Land Descriptions and Measurements
- Types of Ownership
- Mineral Ownership
- Simple calculations of Mineral and Royalty Interests
- Types of Conveyance and Transfer of Ownership
- Probate, Administration and Intestate Succession
- Discussion of Minerals vs. Royalty
- The Producer's 88 (7/69)
- Basic Lease Terms and Provisions
- Paid-Up vs. Rental
- Common Addenda
- Options to Extend Lease Term
- Units and Pooled Tracts
- HBP Lands
- Assignments
- ORR's
- Simple Computations of Interest (Handout)
- Title Search
- Making Your Title Notes
- Chaining Title
- Mineral Ownership Reports
- Acquiring the Lease
- Preparing the Lease
- Execution of the Lease
- The Lease Package
- The Lease Purchase Report
- Your relationship with other land professionals
- Workplace Courtesy
- AAPL
- Benefits of your local Landman's Association
- How to get and keep a job
- What to ask your Broker
- Invoicing
- Networking
- Tools of the Trade
- Dressing for the Job
- Keep good records, for both clients and yourself
- Save for a "rainy day"
- Self-Employed = No Company Benefits
- "You and the IRS"