Oil & Gas Professionals 2/3

Common DOI Management Issues: Interest Types

Oil Patch Press

Feb 7, 20224 min read

Common DOI Management Issues: Interest Types

Assigning an interest type to an owner in a division of interest sounds simple, doesn’t it? Too often today, it’s no longer simple. The...

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Common DOI Management Issues: Suspense Codes

Oil Patch Press

Jan 31, 20224 min read

Common DOI Management Issues: Suspense Codes

Every owner number account entered into a revenue division of interest (DOI) must have a pay code given to it for that specific producing...

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Importance of the Assignment Clause in a Lease

Oil Patch Press

Jan 17, 20223 min read

Importance of the Assignment Clause in a Lease

In many companies in the industry today, the Division Order Analyst is not charged with analyzing oil and gas leases. That usually is...

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A Path to Getting Started as an Oil & Gas Lease Analyst: Monthly Lease Records Calendars

Oil Patch Press

Aug 23, 20194 min read

A Path to Getting Started as an Oil & Gas Lease Analyst: Monthly Lease Records Calendars

Another important qualification listed in most entry-level lease analyst job descriptions that can be learned without experience is...

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A Path to Getting Started as an Oil & Gas Lease Analyst: Copying and organizing computer files

Oil Patch Press

Jul 28, 20194 min read

A Path to Getting Started as an Oil & Gas Lease Analyst: Copying and organizing computer files

After learning the Microsoft Office Suite, gaining experience in this next job qualification is fairly easy. No previous office job is...

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A Path to Getting Started as an Oil & Gas Lease Analyst: Microsoft Office Suite

Oil Patch Press

Jul 22, 20195 min read

A Path to Getting Started as an Oil & Gas Lease Analyst: Microsoft Office Suite

So, you know someone who works as an oil and gas lease analyst, have learned how challenging and rewarding the work is, and was told the...

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Oil Patch Press

May 23, 20192 min read

5 Habits Every Analyst Should Have

One. Always look for new information in the areas of oil and gas industry legal issues. Save as favorites websites such as...

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Lease Analysis: Advanced Tracting in a Lease Record

Oil Patch Press

Mar 22, 20197 min read

Lease Analysis: Advanced Tracting in a Lease Record

Three skills essential for a senior-level lease analyst are (1) title analysis, (2) lease clause interpretation for data extraction, and...

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Oil Patch Press

Mar 18, 20193 min read

What is a horizontal allocation well?

Simply put, a horizontal allocation well is a horizontal well that begins on one lease or pooled unit and ends in another lease or pooled...

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Part 2: Little-Known Truths About Louisiana Royalties Due Under Risk Fee Statutes

Oil Patch Press

Mar 1, 20193 min read

Part 2: Little-Known Truths About Louisiana Royalties Due Under Risk Fee Statutes

This blog entry continues where last week’s entry left off, about to discuss Reason No. 2 for why far too many Louisiana royalty owners...

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Part 1: Little-Known Truths About Louisiana Royalties Due Under Risk Fee Statutes

Oil Patch Press

Feb 22, 20194 min read

Part 1: Little-Known Truths About Louisiana Royalties Due Under Risk Fee Statutes

The majority of Louisiana royalty owners do not know about what is called Louisiana Risk Fee Royalties. As a division order analyst who...

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Oil Patch Press

Feb 8, 20192 min read

It's All Good News In the Oil Industry

Of course, there are many who would disagree with that assessment. It’s all relative, of course. And highly subjective. For industry...

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Oil Patch Press

Oct 25, 20185 min read

The Case of the "UH-OH!" Email

Just the other day, I received an email from a royalty owner, addressed to me. It raised my eyebrows for a number of serious reasons,...

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Number One Skill in 2018 Every Land Analyst Must Have

Oil Patch Press

Oct 12, 20182 min read

Number One Skill in 2018 Every Land Analyst Must Have

Microsoft Office. Repeat after me, “Microsoft Office.” Particularly Microsoft Excel, Microsoft Word, and Microsoft Outlook. Power Point...

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Oil Patch Press

Oct 8, 20183 min read

OKLAHOMA!

Many division order analysts are squeamish about working Oklahoma as a geographic area. This is because Oklahoma is unique in its royalty...

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Book Review for The Prize: The Quest for Oil, Money and Power by Daniel Yergin

Oil Patch Press

Sep 22, 20181 min read

Book Review for The Prize: The Quest for Oil, Money and Power by Daniel Yergin

This book, written by Daniel Yergin, was published in 1991. To say much has changed in the industry in the past 27 years would be a gross...

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Oil Patch Press

Sep 3, 20182 min read

Labor Day: Let's Talk Oil & Gas Jobs

Now is a great time to begin a career as an oil and gas land professional. It's also an excellent time to change jobs for better pay and...

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Are We Staring Down the Gaping Yawn of War Over Oil?

Oil Patch Press

Aug 30, 20183 min read

Are We Staring Down the Gaping Yawn of War Over Oil?

Iran claims to completely control the Strait of Hormuz (T. Paraskova, oilprice.com, 8/29/2018). Saudi Arabia claims Iran cannot close the...

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Oil Patch Press

Aug 19, 20181 min read

Training for Oil & Gas Professionals

Many of those newer to land administration aren’t acquainted with Alice Hoge and her website, landtraining.net. Those interested in...

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Oil Patch Press

Aug 10, 20183 min read

What is a Lease Analyst?

The lease analyst is the employee at an oil company who monitors and maintains each oil and gas lease owned by the company. Companies own...

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