Earning Criteria

• Successfully complete the required 6 courses: PLM Fundamentals, Curing Land Titles, Comprehensive Study of the Oil and Gas Lease, Mastering Lease Obligations, Property and Mineral Ownership, and Basic Contracts and Agreements
• Student will be introduced to the oil and gas lease, oil and gas law, mineral, surface and royalty rights, calculating net mineral interests, and more.
• Student will take an in-depth and thorough look at the studying land and mineral ownership in the U.S., differing types of property ownership, the rules surrounding ownership and conveying property, varying types of conveyances, testate and intestate succession, the many types of title transfers that an result for court actions, curing land titles, and the law governing oil and gas ownership and development.
• Student will gain an understanding of contract law, and how it is designed for oil and gas professionals working directly or indirectly in land or land administration.
• Student will gain an understanding of the common provisions and legal significance of an oil and gas lease, Termination vs. Savings clauses, and will be able to evaluate the implications of modifying lease language.
• Student will gain an understanding of the critical elements surrounding marketable title, title opinion and curative, common conflicts in a chain of title, encumbrances that are superior to the oil and gas lease, and curative pertaining to surface issues.
• Student will gain knowledge in the tools to master the lease in reference to the oil and gas industry.