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PJVA Early Morning Session (EMS)

Title:

PJVA Early Morning Session (EMS)

Date:

June 22, 2023

Time: 9:00 am - 10:30 am
Location: Virtual via Zoom
Fees:

PJVA Members - Free
Non-members $10 +gst

Description:

We are pleased to announce the upcoming PJVA Early Morning Session (EMS) scheduled for June 22, 2023. During this session, our PJVA moderators will host a community discussion on three important matters stemming from existing PJVA model agreements. The primary objective of this EMS is to provide an educational platform where industry professionals can delve into emerging issues and gather valuable insights on the following topics:

  1. Tie-In Agreements
    We will explore whether modifications are necessary to enhance the clarity of abandonment obligations for stakeholders.

  2. Gas Handling Agreement ("GHA") 2014 Errata and Third Party Audit Rights
    The 2014 Errata document introduced by PJVA has imposed limitations on the extent of information accessible to third parties during audits, as per the executed and governing GHA. The PJVA is proposing that this October 2014 Errata be eliminated. We will critically evaluate the relevance of this Errata in the current industry environment and discuss contradiction to the existing audit clauses outlined in the governing agreements.

  3. Accounting Matters on Gas Handling Agreement ("GHA")
    We will discuss the potential need for additional clarification regarding the type and nature of eligible costs that will eventually be flowed through to a third party for utilization. This could involve defining eligible costs or establishing a comprehensive accounting procedure. We encourage thorough deliberation on specific items such as overhead, eligible labor, and fixed/ownership costs.

We invite all members to actively participate in this EMS and contribute their valuable industry perspectives. This session serves as an exceptional opportunity to address these pressing matters, gather industry comments, and establish cohesive positions. We look forward to your active engagement and insightful contributions to the discussions.

Registration: Register Here!

EMS & Election image


We Need Hot Topics!

If you have any ideas for EMS discussion topics or presenters, please contact PJVA Director: Doug Klug: (403) 605-3761; ddklug1@gmail.com

We would like to thank all those people who help us make these sessions so successful - the presenters for their time and energy in putting together the presentation, and the attendees for their participation, enthusiasm and suggestions. We are always looking for more ideas, suggestions and people to help facilitate the sessions.

Disclaimer:From time to time, PJVA sponsors events for its members and other interested individuals. The presentations at these events are intended to be used for information purposes only. The opinions expressed therein are those of the presenter and not necessarily the position of the Petroleum Joint Venture Association. PJVA assumes no legal liability or responsibility for the accuracy, completeness or usefulness of any of the presenter’s information, products or process, whether oral or written, concerning the utility of all or any part of the presentation for any person’s particular requirements and assumes no responsibility for any harm, however caused, from the use or misuse of all or any part of the presenter’s information. PJVA makes no other warranty, express or implied, in fact or by law.