Descripción
This course is a valuable starting-point for those students new to the Joint Venture Business and those currently in the business. The learner will gain an understanding of Joint Venture administration by reviewing Petroleum Joint Venture Agreements, the rights and responsibilities within them, industry best practices, oilfield terminology and industry administrative procedures. Includes nine sections of material and exercises; including, agreement drafting and revision, Operator vs. Non-Operator positions; legal and contractual concerns, effects of operating without an agreement, fee negotiations, production facilities and schematics, and, changes in ownership and working interests This Course will run Tuesdays and Thursdays from 4:30-7:00PM From October 27, 2026 to November 26, 2026 There will be exams during the courses, therefore those taking the full JV Certificate Program will require an 80% passing grade. If you do not pass the course, you have one retake opportunity for a $100 fee. The five courses can be taken in any order. You will receive the Administration Certificate once you have completed the Agreements Course and the Administration Course. You will receive the Analyst Certificate once you have completed all five courses. For questions about the program, please contact the PJVA Academic Director:Randy Tomilson - [email protected]