SAVE THE DATE!
The AAPL will be hosting a ‘Working Interest and Net Revenue Interest Seminar’ in Mt. Pleasant, Michigan, on Tuesday, August 27, 2019! The one-day event will run from 8:00 A.M. to 3:30 P.M. and the cost is $300 for AAPL members and $425 for non-members. AAPL members that attendee will receive 6 continuing education credits.
Please note that Professional Development Aid (f/k/a Tuition Assistance) is available for AAPL members. To apply, please go to the AAPL website (www.landman.org) and click on the ‘Education’ tab and scroll down to the ‘Professional Development Aid’ link – there you will find information about the program and a request form.
This workshop was designed for Land Professionals who are already proficient with the fundamental calculations for Working Interest and Net Revenue Interests. The foundational prerequisite for this seminar is the Working Interest and Net Revenue Calculation Workshop.
- Calculations inside Runsheets and Flowcharts
- Calculations at the Lease Level vs Tract Level vs Unit Level
- Calculations for Leases, Assignments, proportionate burdens, dis-proportionate burdens, burden linking
- Calculations for “the difference between Lease Burdens and ___%.
- Term Mineral deeds and Term Assignments of WI
- Calculations for Non-Executive Mineral Owners – “NEMOs”
- Calculations for “Non-Participating Royalty Interests – “NPRIs”
- Calculations for Net Acres vs. Company Net Acres vs. Revenue Acres vs Working Interest [WI]
- Analysis of the Acid Test
- Calculations - Excess Burdens & Subsequently Created Interest - Sensitivity Analysis - Participation
- Calculations - Excess Burdens & Subsequently Created Interest - Sensitivity Analysis – Non-Consent
8:00 am Registration & Continental Breakfast
8:15 am Instruction & Examples
11:30 am Lunch (provided)
12:00 pm Instruction & Examples (continued)
3:30 pm Adjourn Please use the following link to register for the event:
Please use the following link to register:
May 16, 2019
MOGA Reception with Dinner & Wine Pairings at Mari Vineyards (6:00-9:00 pm)
This social gathering brings folks from across the oil patch to gather for an evening of wine, food, and camaraderie while taking in the beauty of Northern Michigan’s Wine Country. Last year, over 200 MOGA Members, spouses and guests had the opportunity to tour the winery as it was closed to the public for the unique event. Sampling cards will again be available to help attendees keep track of the unique Michigan wines and remember their favorites. All four levels of the winery will host pairings of Michigan wine and appetizers so be sure to explore all Mari Vineyards has to offer!
8175 Center Rd.
Traverse City, MI 49686
** Free shuttle will run between Hotel Indigo and Mari Vineyards from 4:30-5:30p.m. and 8:30-9:30 p.m.**
The cost to attend this meeting is $60.00 for MOGA Members and Spouses and $80.00 for guests.
Click here to make Hotel Reservations or call Hotel Indigo at 231.932.0500. Use Group Code: MOG Through May 8th.
Rooms Available on a first come first serve basis after May 8th.
Hotel Indigo, 263 W. Grandview Pkwy., Traverse City, MI 49684.
SPE Distinguished Lecture
Tuesday, May 21, 2019
Real-Time Data Acquisition & Analysis for Enhanced Production
Bordeaux Banquet Room
Crowne Plaza Lansing West
925 South Creyts Road
Lansing, MI 48917
(see Page 3 map)
5:00 – 6:00 – Social Hour
6:00 PM – Dinner
Presentation after Dinner
Cost (including dinner): $30
Receipt Available (cash only)
see attachment for more information
Please RSVP by Tuesday, May 14 , 2019
Mani Bonatham (SPE Michigan Section Secretary)
In a press release on Monday April 29th, Michigan Attorney General Dana Nessel issued the following statement in response to recent media inquiries regarding her position on Line 5 moving forward:
“I respect the Governor’s effort to find a swift and straightforward resolution to this issue, but if unsuccessful I will use every resource available to our office to shut down Line 5 to protect our Great Lakes.”
Gov. Whitmer signed Executive Order 2019-06 on February 20, 2019, creating the Department of Environment, Great Lakes, and Energy. The Executive Order took went into effect on Monday, April 22, 60-days after its submission to the Legislature.
Under the Executive Order, MDEQ reorganizes as EGLE and assumes many activities of the Michigan Agency for Energy though the creation of the new Office of Climate and Energy within EGLE. The Office of the Great Lakes also moves from the Department of Natural Resources into EGLE.
Other notable changes under the reorganization include the creation of an Interagency Environmental Justice Response Team, which will assist in developing, implementing, and regularly updating a statewide environmental justice plan. The creation of an Environmental Justice Public Advocate position who will accept and investigate complaints and concerns related to environmental justice in Michigan. An Office of the Clean Water Public Advocate is also created to accept and investigate complaints and concerns relating to drinking water quality.
The following is a news release from the The Michigan Department of Environment, Great Lakes, and Energy (EGLE). The DEQ's name change officially took place on April 22nd.
For Immediate Release:
April 22, 2019
For more information:
Nick Assendelft, AssendelftN@michigan.gov, 517-284-8300
Customer Assistance: 800-292-9555
Michigan Agency for Energy now part of new EGLE
As of today, the Michigan Agency for Energy (MAE) has merged into the new Department of Environment, Great Lakes, and Energy (EGLE).
MAE, which had been housed under the Department of Licensing and Regulatory Affairs, will no longer exist as its own agency. The Michigan Energy Office, which was part of MAE, and MAE’s External Affairs team both move over to the new EGLE department.
The Michigan Energy Office’s current funding incentives, including sponsorships, rebates, grants and loans for energy related projects, will remain in place for the near future. Stakeholders will continue to work with the office’s staff, led by Director Robert Jackson.
Also, as of today, MAE’s Energy Security Section now is under the auspices of the Michigan Public Service Commission, which remains under LARA.
Gov. Gretchen Whitmer signed Executive Order 2019-06 on Feb. 20, 2019, to create EGLE, with an effective date of Monday, April 22, 2019. Under the executive order, the Michigan Department of Environmental Quality reorganized as EGLE and assumed many activities of MAE. The executive order also moved the Office of the Great Lakes from the Department of Natural Resources into EGLE.
The new Environmental Rules Review Committee held their first public meeting on Tuesday March 19th in Lansing. The Committee, established last year through Public Act 267 of 2018, was created within the Department of Technology, Management, and Budget to oversee the DEQ’s rulemaking process.
The committee is comprised of four ex-officio department directors from the Department of Environmental Quality, Michigan Department of Health and Human Services, Agriculture and Rural Development, and Department of Natural Resources as non-voting members. In addition to the Department Directors, the board also consists of twelve voting members representing waste management; manufacturing; small businesses; utilities; environmental; oil and gas; conservancy and agricultural organizations; local governments; public health professionals and the public. MOGA Director David Maness, president of Maness Petroleum is on the Committee, representing Michigan’s oil and gas industry alongside others from these stakeholder groups.
OGMD’s Adam Wygant gave a great presentation to the Committee, outlining the “2019-01 Oil and Gas Operations” rule set. The presentation highlighted the definition clarifications made to satisfy the U.S. EPA’s comments on the State’s UIC Primacy Application. Following the presentation and questions, the Committee considered the rules package and voted to allow it forward into the final steps of the rule-making process. A public hearing can now be scheduled, although the timing is not yet known.
On Thursday March 28, 2018 Michigan Attorney General Dana Nessel issued her first formal legal opinion, per Governor Whitmer's request, on the Mackinac Straits Corridor Authority Bill (PA 359). On her first full day in office, back in January, Governor Whitmer requested the opinion on the constitutionality of the law that created the Mackinac Straits Corridor Authority and on the Authority's approval of the Agreement. The legislation was passed and signed by Governor Snyder last fall, as part of the strategy to replace Line 5 with a tunnel under the Straits.
In her opinion, the Attorney General writes that the law is unconstitutional because it goes beyond the scope of what was disclosed in its title (violates Article 4, Sec 24 of the Constitution, the "Title Object Clause.") She also stated, “It is my opinion, therefore, that any court determination that Act 359 is unconstitutional would likely apply that decision retroactively, and conclude that the Mackinac Straits Corridor Authority, its Board, and any action taken by the Board are void from their inception”.
Governor Whitmer immediately followed with an Executive Directive ordering all state departments to stop any activity related to the tunnel project approved by the authority and "report to the governor's legal counsel regarding actions taken since the bill was passed.
“I agree with the conclusion reached by Attorney General Nessel,” Whitmer said in a statement. “The Great Lakes are our most precious resource in Michigan, and because of their significance, I’ve instructed state departments and agencies to halt any actions in furtherance of this law.”
The law in question solely pertains to the pending creation of the proposed new tunnel under the straits. It has nothing to do with the continued safe, continued operation of the existing Line 5 pipeline that runs along the lake bed. Should the law be invalidated, it would simply halt a solution that actually removes the pipe from the lake bed. We are a long way from that happening however.Read more
In Colorado, Senate Bill 181 of 2019, a piece of legislation intended to increase local control and implement a moratoria on natural gas and oil projects in Colorado, was introduced and passed in the State Senate this month. This follows on the heels of Proposition 112, the proposition that would have mandated 2,500-foot statewide setback, and essentially ended oil and gas development in Colorado. Although the proposition was defeated on the November ballot, the Democratic lead state legislature looks to drastically reshape the state's oil and gas regulations in the current legislative session. Senate Bill 181 would update the mission of the Colorado Oil and Gas Conservation Commission, giving localities the ability to institute stricter rules than the state, and pausing permitting until rules on health and safety go into effect (which could take months or years). This week, the controversial bill passed the House Finance Committee, the Bill will now head to the House Appropriations Committee before a full vote in the Colorado House.
EPEX 2019: OPI 57th Conference & Trade Show is scheduled for April 29-30, 2019 at the Best Western Plus Lamplighter Inn & Conference Centre located at 591 Wellington Rd., London.
See last year's innovations and where we're heading in 2019: https://youtu.be/2mCbrXo6Cf0
Online registration is now open at http://www.ontariopetroleuminstitute.com/conference-registration/
New sponsorship opportunities are available for 2019:
- Conference Video Proceedings Executive Producer. Full screen ad and sponsor credit at the end of every video to be posted after conference. One available.
- Full-page ad in conference program.
- Half-page ad in conference program.
For accommodations, booking must be made through Best Western Plus Lamplighter Inn & Conference Centre at 519-681-7151. Conference rate available until March 28, 2019. Mention “Ontario Petroleum Institute” to receive conference rate.