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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...
Oil Patch Press
Feb 7, 20224 min read
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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...
Oil Patch Press
Jan 31, 20224 min read
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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...
Oil Patch Press
Jan 17, 20223 min read
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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...
Oil Patch Press
Aug 23, 20194 min read
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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...
Oil Patch Press
Jul 28, 20194 min read
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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...
Oil Patch Press
Jul 22, 20195 min read
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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...
Oil Patch Press
May 23, 20192 min read
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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...
Oil Patch Press
Mar 22, 20197 min read
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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...
Oil Patch Press
Mar 18, 20193 min read
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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...
Oil Patch Press
Mar 1, 20193 min read
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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...
Oil Patch Press
Feb 22, 20194 min read
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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...
Oil Patch Press
Feb 8, 20192 min read
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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,...
Oil Patch Press
Oct 25, 20185 min read
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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...
Oil Patch Press
Oct 12, 20182 min read
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OKLAHOMA!
Many division order analysts are squeamish about working Oklahoma as a geographic area. This is because Oklahoma is unique in its royalty...
Oil Patch Press
Oct 8, 20183 min read
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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...
Oil Patch Press
Sep 22, 20181 min read
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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...
Oil Patch Press
Sep 3, 20182 min read
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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...
Oil Patch Press
Aug 30, 20183 min read
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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...
Oil Patch Press
Aug 19, 20181 min read
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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...
Oil Patch Press
Aug 10, 20183 min read
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