Model Agreements

What is a Model Agreement?

It is an agreement between two or more oil and gas companies for the purpose of development and production of oil and gas properties. The agreement defines the property, most commonly a "production facility", the relationship between the parties and the responsibilities assigned to the parties.

Typically, a Petroleum Joint Venture does not include joint exploration activities, nor does it include marketing activities.

Descriptions of Reports and Agreements

PJVA-CAPL Pad Site Sharing Agreement

We are pleased to advise you that the new PJVA-CAPL Pad Site Sharing Agreement (PSSA) was rolled out on September 25, 2018 to over 210 PJVA/CAPL members and others, and that the materials associated with the PSSA are now available on the PJVA website here.

This document reflects a shared belief by the PJVA and CAPL that the only efficient and effective way to address the growing issue of shared well pads without any agreements in place is to create a precedent document that can be used as a starting point for the vast majority of pad sharing arrangements.

The task force was delighted with the many comments received on Drafts 1, 2 and 3 and we sincerely thank you for this. The comments on Draft 3 and the responses from the task force have been gathered into a matrix that is posted with the final document. Names of commenting parties have been removed. The matrix has been sent to all companies and individuals who contributed comments. The vast majority of the comments were used to make the changes for the final document.

The package of materials posted on the websites includes:

  1. a cover letter;
  2. introduction;
  3. a PDF of the text and annotations which includes an introduction to the topic and our proposed handling of a broad range of issues;
  4. a black-line PDF of the text and annotations highlighting the changes from Draft 3 to the final document;
  5. a matrix of comments for Draft 3;
  6. PSSA Rollout Slides - September 25, 2018;
  7. Addendum - Usage of PSSA;
  8. Shared Pad Site Ownership Example; and
  9. CAPL Negotiator Article (December 2014) on Assignment Procedure Effective and Binding Dates

You can obtain a facing page presentation of the text and annotations by printing the PDF in a double-sided format.

To use the PSSA, you may order it online from the PJVA Publications Order Form - the Word documents together with the annotated PDF document. The documents will be available for 30 days at no charge.

Thank you.

Michael Bruch, P. Eng. Chairman, PJVA-CAPL Pad Site Sharing Agreement Task Force


Updates

At the beginning of each calendar year the PJVA Standing Committee will take any Errata's for the year past and incorporate them into a new version of the PJVA Agreements.

As members bring items or concerns to the PJVA Standing Committee they are discussed and if agreed we put the item or concern on the Errata page for other members to view.

  • Unconventional Resources Operating Agreement (UROA)

This is a proposed model Joint Operating Agreement being drafted by the Association of International Petroleum Negotiators (AIPN) to be used specifically for unconventional resource plays.

Click here to see a copy of the presentation given by Jay Todesco of Nexen Energy ULC and co-Chair of the UROA Drafting Committee.


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