Seminars
|
Call for InstructorsThe Education Committee is currently seeking qualified individuals who would be willing to instruct these sessions. If you would like to take advantage of this opportunity, or if you know of someone who might, indicate this interest by providing the information requested on the Call for Instructors form and returning it to the address or fax number noted on the form, Attention: Education Director. |
JV Agreements Seminar
SESSION DETAILS:
This two-day introduction level seminar is designed to provide an overview and basic understanding of Ownership and Service Agreements including the Gas Handling Agreement and other JV Agreements.
AUDIENCE:
To achieve maximum benefit from this seminar a participant should either have had limited prior exposure to joint venture agreements or desire a refresher on current joint venture agreement model forms. Some prior exposure to joint venture operations would be helpful. Most suitable for individuals involved in joint venture, engineering, land, operations, administration and accounting.
This course qualifies for 8 CPLD hours.
Instructor: Marcel Savoie
Introduction to Facilities
(This course can be taken as a one-off outside of the JV Administration Certificate program)
| FEE: |
PJVA members:$545 +gst |
| LOCATION: | Zoom Video Conference |
Please note there will be an exam during this course, so for those taking the JV Analyst Certificate, an 80% passing grade is required.
This is where it all starts! An idea to develop a field for the purpose of oil and/or gas production to provide your company with cash flow! In this exciting course, for the non-engineer, you will learn a broad range of engineering techniques that affect field development, facilities and operations which, ultimately, roll up to the joint venture team to manage under an agreement. This course is an in depth look at various Gas Facilities and various Oil Facilities and each section comprises Reservoir & Geology, Gathering and Processing (cold, thermal, mining), Transportation and Marketing (upgrading, diluent, refineries) and Environment, Stakeholder and Regulatory matters for the product you are producing. But most of all, you will learn to understand your engineers and apply that understanding to the Joint Venture arrangements.
| Instructor: | Randy Tomilson |
Product Measurement and Allocation
Formerly titled 'Product Allocation Exhibit Implementation for Joint Venture Representatives'(In conjunction with EASC and CAPPA)
This course addresses the following questions:
- What is product measurement and allocation?
- Why does product measurement and allocation matter?
- What is measurement difference? What is an acceptable measurement difference?
- What are common problems and pitfalls?
- What legislation applies to measurement and allocation? (ERCB Directive 17 and EPAP; Enhanced Production Audit Program)
- How does the PJVA/CAPPA/EASC model Product Allocation Exhibit address the above issues?
Instructors: |
Kevin Johnson |
Land Agreements Overview
The course is designed to provide an overview of land agreements, with a particular focus on farmout agreements and the CAPL Operating Procedure. It will also help to increase the awareness of JV and accounting personnel about the major themes in land agreements, and includes an overview of:
- The rationale for entering into earning agreements and the major provisions typically included in earning agreements in the context of the CAPL Farmout & Royalty Procedure;
- What the Operating Procedure is and why it was created;
- How the Operating Procedure is an industry document that crosses functions, rather than just a land document;
- The major themes at the foundation of the Operating Procedure; and
- The specific provisions of most direct impact to non-land personnel (i.e., approvals processes, overexpenditures, capital advance process, default remedies, production penalties, dispositions of interest).
Instructor:
Jim MacLean, President, MacLean Resource Management Ltd.
JP-05 Workshop
The JP-05 workshop will cover the following topics:
- How capital and operating fees are determined using JP-05
- Importance of disclosure, collaboration and negotiation
- Case study for negotiation and determination of fees
- Discussion of case studies
- Regulatory issues relating to JP-05
This workshop will be in depth and include actual examples and case studies.
The facilitators for this workshop are John Kingsbury and Tim Reimer
This workshop will be appropriate for anyone who is in a position that requires more knowledge in the negotiation and calculation of Gas Processing Fees.
Pad Site Sharing Agreement Seminar
A Joint Session by PJVA & CALEP
QUALIFIES FOR 4 CPLD HOURS
Industry is increasingly drilling from shared well pad sites in which wells and facilities are not held in common interests.
The PSSA provides the documentation and operating framework to address the wide range of issues inherent in a pad sharing scenario. There is an integration of JV and Land concepts in the PSSA that requires Land personnel to become more familiar with JV concepts and JV personnel to become more familiar with Land concepts.
Unitization
This one-day seminar will provide a broad overview of unitization and will cover the following topics:
- Purposes of unitization
- Relevant factors in unitization including mineral interest, lessor arrangements, government regulations, hydrocarbon recovery
- Steps in initiating a unit including incentives, flow of events, equity negotiations and equalization of investment negotiations
- Overview of Unit and Unit Operating Agreements
- Heads up issues
| Instructor: | Randy Tomilson |