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Texas Conservation, Capture, Pooling and Unitization

Presenter: James N. Bostic and 3 more

Seminar Date:

Seminar Location: Houston, TX

Marriott West Loop - By the Galleria
1750 West Loop South
Houston, TX 77027
Phone: 713-960-0111

This seminar is closed or full.

Agenda:

Registration:                    8:00 - 8:30 am

Morning Session:             8:30 - 11:45 am

Lunch (On your own):       11:45 am - 12:45 pm

Afternoon Session:           12:45 - 4:30 pm


Texas Law of Conservation and Capture
C. Knop

   Rule of capture - what makes Texas unique?
   Texas oil and gas conservation law
      Defining waste – a practical perspective
      Powers and duties of the Texas Railroad Commission
         Oil and Gas Division – what makes the RRC tick?
      Drilling permits (W-1s)
      “Spacing” units – the modern meaning of “unit”
         Unit agreements for fieldwide recovery, phases
         and security interests


Pooling of Oil and Gas in Texas
E. Kiefaber

   Pooling in Texas
   Voluntary and compulsory pooling
      Authority to pool
      Exercise of pooling power
      Pooled units
      Pugh clause
      Unpooled interests
      Good faith pooling
   Termination of pooled units


Unitization of Oil/Gas Interests
J. Bostic

   Unitization: a solution to pooling issues
   Unitization agreements
   Naming a unit operator
   Development and production
   Spacing and placement of wells
   Lease values and unit shares


Common Disputes in Oil and Gas Production,
Pooling and Unitization
J. Soliz

   Identifying interested parties
   Obtaining participation of parties
   Determining size, priority and participation of interests
   Dispute resolution techniques


Case Studies
J. Soliz

Credit Information:

Who Should Attend

  • Attorneys
  • Engineers
  • Geologists/Geoscientists
  • Landmen
  • Paralegals/Legal Assistants

Attorneys
     6.5 Texas CLE Hours
     6.5 TBLS Hours
         Oil, Gas and Mineral Law,
         Administrative Law
         Real Estate Law

Texas Paralegals
     6.5 TBLS
         Oil, Gas and Mineral Law,
         Real Estate Law

Texas Engineers & Geologists
     6.5 PDHs

Landmen
     6.5 AAPL CEUs


Continuing Education Credit Information

This seminar is open to the public. The State Bar of Texas has approved this event for 6.5 CLE hours for attorneys. The Texas Board of Legal Specialization (TBLS) has approved 6.5 attorney specialization hours in the areas of Oil, Gas and Mineral Law; Administrative Law; and Real Estate Law.

The TBLS has approved this seminar for 6.5 CLE hours for Texas certified paralegals in the areas of Oil, Gas and Mineral Law and Real Estate Law.

This seminar offers 6.5 PDHs to Texas engineers and geologists to whom the subject matter is professionally relevant. Educators and courses are not subject to preapproval in Texas.

The American Association of Professional Landmen has approved this program for 6.5 RL, RPL or CPL recertification, which includes no CPL/ESA recertification credits or ethics credits.

Attendance will be monitored and reported, as required. Attendance certificates will be available after the seminar for most individuals who complete the entire event. Attendance certificates not available at the seminar will be mailed to participants within fifteen business days.

Speakers:

James N. Bostic

Of Counsel, Kelly Hart & Hallman LLP
Mr. Bostic’s practice is primarily devoted to oil and gas law and related fields, such as natural resources, energy, and administrative law. He is board certified in oil, gas and mineral law by the Texas Board of Legal Specialization, and has been so certified continuously since 1997. Mr. Bostic has extensive experience representing clients before the Texas Railroad Commission and the Texas General Land Office on oil and gas matters, and he has wide-ranging transactional experience in oil and gas matters, including oil and gas leasing. His clients routinely include Fortune 500 companies, large and small independent oil companies, non-operating working interest owners, and individual mineral and royalty interest owners. Prior to becoming an attorney, Mr. Bostic had a 14 year career as a petroleum engineer. During his “engineering years,” he worked for Amoco Production Company, a small engineering consulting firm, an independent oil and gas exploration and production company, and a new independent oil company focused on producing property acquisitions, which he co-founded. He has maintained his status as a licensed professional engineer in the State of Texas and remains active in numerous oil and gas-related organizations, including the Society of Petroleum Engineers, the Society of Petroleum Evaluation Engineers, and the Society of Independent Professional Earth Scientists. Mr. Bostic is the immediate past chairman of the Central Texas Chapter of the Society of Petroleum Evaluation Engineers, and he is a past officer of the Oil, Gas and Mineral Law Section of the Austin Bar Association (then known as the Travis County Bar Association), as well as of the local chapters of the Society of Petroleum Engineers and the Society of Independent Professional Earth Scientists.

Robert W. “Eli” Kiefaber

Founding Partner of Kiefaber & Oliva LLP
Mr. Kiefaber focuses his practice on oil and gas matters and is board certified by the Texas Board of Legal Specialization. His practice includes title opinions, division order opinions, joint operating agreements, acquisition and divestiture of oil and gas assets, federal leases, pooling and unitization, environmental and regulatory matters, royalty disputes and related oil and gas matters. Mr. Kiefaber has an extensive background in oil and gas matters and business litigation and routinely advises both publicly-traded Fortune 500 and small, private equity-backed companies on oil and gas matters in environmental litigation, real property disputes, breach of contract matters, and a variety of other business disputes in state and federal courts. Mr. Kiefaber is a regular speaker on issues relating to the current issues faced by the oil and gas industry and has given presentations on a variety of oil and gas-related topics. He is also active in the oil and gas community and currently serves as chair of the American Association of Petroleum Landmen’s Task Force on Oil and Gas Royalty and Lease Maintenance Issues. Mr. Kiefaber is also involved with the Independent Petroleum Association of America and serves on both the Land and Royalty Committee and the Endangered Species Task Force. Mr. Kiefaber was selected by Super Lawyers as a Rising Star in 2016. He earned his J.D. degree, with honors, from Marquette University Law School and is licensed to practice law in Texas, Oklahoma, Ohio and Colorado.

Christopher Knop

Managing Member, Knop Law Firm, PLLC
Mr. Knop’s practice focuses on the development of oil and gas assets. He is board certified in oil, gas and mineral law by the Texas Board of Legal Specialization, and his experience includes energy contract litigation, acquisitions and divestitures, title work, regulatory matters and corporate counsel work. In early 2016, Mr. Knop became President of Bankers Oil Corporation, a privately-held oil and gas company with working interests in Texas, Kansas and Colorado. He is a member of the Oil, Gas and Energy Resources and the Corporate Counsel Sections of the State Bar of Texas, and the Real Estate Section of the North Dakota Bar. Mr. Knop earned his J.D. degree from Houston College of Law.

Joseph G. Soliz

The Soliz Law Firm, P.L.L.C.
Mr. Soliz, the firm’s owner and founder, is an attorney with over 30 years of legal experience. He is board certified in oil, gas and mineral law by the Texas Board of Legal Specialization and is admitted to the State Bar of Texas, the U.S. District Court for the Southern District of Texas and the U.S. Court of Appeals, Fifth Circuit. His practice areas include the following: oil, gas and mineral law; real estate law; corporate, commercial, business and contract law; governmental relations; debtor/creditor issues; litigation and alternative dispute resolution; probate; and estate planning. Mr. Soliz is an adjunct professor, teaching Business Law, Oil and Gas Law and other legal courses at Lone Star College - North Harris. He also currently serves as a member of the Paralegal Program Advisory Committee of San Jacinto College and the Hispanic Advisory Committee for the Chancellor of Lone Star College. He earned his J.D. degree from Harvard Law School.

Tuition Costs:

Standard Tuition: $279.00
Online Tuition (pre-registration): $279.00
Group Prices
3 or more People: $259.00

Each registration includes one copy of a manual prepared by the seminar speakers.