Land Training www.landtraining.net
Land Training www.landtraining.net
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Why I Started Land Training
Why I Started Land Training
Переглядів: 440

Відео

Gross v Net Acres Tutorial
Переглядів 1,1 тис.3 роки тому
Please use this link to view this video on my official Land Training UA-cam channel at www.yout-ube.com/channel/UC1rDvO44kM0b2ulS26YmXfg
CALCULATING BENEFICIAL INTERESTS Converted
Переглядів 1,6 тис.3 роки тому
This is a method of calculating working interests in a pooled unit or JOA that takes into account the royalty fraction negotiated in the individual lease. Typically, the calculation is simply the number of lease acres contributing to the unit divided by the total unit acres, regardless of the royalty in the lease. Bu using beneficial interests, we change the formula by creating "net revenue acr...
JOA Example 2e
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JOA Example 2e
NALTA STUDY GUIDE - Scenarion 7 Prob 15,16,17,18
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NALTA STUDY GUIDE - Scenarion 7 Prob 15,16,17,18
Mastering U S Legal Descriptions
Переглядів 10 тис.8 років тому
Mastering U S Legal Descriptions
NALTA STUDY GUIDE Scenario 8 Prob 19, 20, 21
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NALTA STUDY GUIDE Scenario 8 Prob 19, 20, 21
Oil & Gas Contracts Combinations and Permutations
Переглядів 6 тис.9 років тому
Oil & Gas Contracts Combinations and Permutations
Scenario 10 New Event #2 Prob 31
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Scenario 10 New Event #2 Prob 31
Scenario 10 New Event #2 Prob 31
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Scenario 10 New Event #2 Prob 31
NALTA Study Guide Scenario 10 New Event Prob 24, 25, 26, 27, 28, 29
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NALTA Study Guide Scenario 10 New Event Prob 24, 25, 26, 27, 28, 29
NALTA Study Guide Scenario 10 Prob 23
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NALTA Study Guide Scenario 10 Prob 23
NALTA STUDY GUIDE - Scenario 9 Prob 22
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NALTA STUDY GUIDE - Scenario 9 Prob 22
Scenario 8 Prob 19, 20, 21
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Scenario 8 Prob 19, 20, 21
Scenario 7 Prob 15,16,17,18
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Scenario 7 Prob 15,16,17,18
NALTA STUDY GUIDE Scenario 6 Prob 12, 13, 14
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NALTA STUDY GUIDE Scenario 6 Prob 12, 13, 14
NALTA STUDY GUIDE Scenario 4 Prob 6, 7, 8
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NALTA STUDY GUIDE Scenario 4 Prob 6, 7, 8
NALTA STUDY GUIDE Scenario 3 Prob 3, 4 and 5
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NALTA STUDY GUIDE Scenario 3 Prob 3, 4 and 5
NALTA STUDY GUIDE Scenario 2 Prob 2
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NALTA STUDY GUIDE Scenario 2 Prob 2
NALTA STUDY GUIDE Scenarion 1 Prob 1
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NALTA STUDY GUIDE Scenarion 1 Prob 1
VII NRI Co Tenants Different RI in a Spacing Unit Prob 3
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VII NRI Co Tenants Different RI in a Spacing Unit Prob 3
VI NRI Joint Ownership Undivided Interests Different RI Prob 3
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VI NRI Joint Ownership Undivided Interests Different RI Prob 3
VII NRI Co Tenants Different RI in a Spacing Unit Prob 2
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VII NRI Co Tenants Different RI in a Spacing Unit Prob 2
VI NRI Joint Ownership Undivided Interests Different RI Prob 1
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VI NRI Joint Ownership Undivided Interests Different RI Prob 1
VII NRI Co Tenants Different RI in a Spacing Unit Prob 1
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VII NRI Co Tenants Different RI in a Spacing Unit Prob 1
V NRI Joint Ownership Undivided Interests Same RI Problem 1
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V NRI Joint Ownership Undivided Interests Same RI Problem 1
IV NRI Calculations of Mineral Owner Pooled Unit Problem 3
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IV NRI Calculations of Mineral Owner Pooled Unit Problem 3
IV NRI Calculations of Mineral Owner Pooled Unit Problem 4
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IV NRI Calculations of Mineral Owner Pooled Unit Problem 4
III GWI & NRI in an Oil & Gas Lease One Owner Prob 1
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III GWI & NRI in an Oil & Gas Lease One Owner Prob 1
IV NRI Calculations of Mineral Owner Pooled Unit Problem 1
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IV NRI Calculations of Mineral Owner Pooled Unit Problem 1

КОМЕНТАРІ

  • @mikeburke8656
    @mikeburke8656 3 місяці тому

    Just watch it and it's very helpful. I caught the error right away and used it as a test of my knowledge. 😊

  • @larrynelson7839
    @larrynelson7839 5 місяців тому

    You are FABULOUS! I was left some mineral rights in another state by a relative who died and have been STRUGGLING to make sense of how to compute my owner decimal amount. This is absolutely perfect! THANK YOU for making these videos.

  • @larrynelson7839
    @larrynelson7839 5 місяців тому

    This video is GREAT! I read a lot of articles about this topic but they were very confusing. Thank you for putting this together. A picture is worth a thousand words!

  • @jameswhite1319
    @jameswhite1319 9 місяців тому

    Not like that in Texas

  • @ht8259
    @ht8259 9 місяців тому

    This is so helpful, thank you!

  • @ahmadusama7758
    @ahmadusama7758 9 місяців тому

    Hello there! I want to learn how to run title on runsheet

  • @jorgeparreno4567
    @jorgeparreno4567 11 місяців тому

    7:23 minutes, the NE 4 of the NE 4 ids k no it correct. Thank you for the video!!❤

  • @tybrown1025
    @tybrown1025 Рік тому

    Thank you so much for your help!!

  • @matthewelliottheinen
    @matthewelliottheinen Рік тому

    You are great. I watched some of your videos back in 2012 and you helped me understand how to calculate things. I ended up starting a llc 4 years later when my first prospects sold. I still point people to your videos. You are great 👍

  • @uma5731
    @uma5731 Рік тому

    Thank you so much!! You made it so easy to understand!! You are an excellent tutor!! God bless you!!

  • @barbarabrown8461
    @barbarabrown8461 Рік тому

    This was incredibly helpful and easy to understand. Thank you

  • @CourtneyfromDetroit
    @CourtneyfromDetroit Рік тому

    NE quarter?

  • @audreyiathibodeaux8391
    @audreyiathibodeaux8391 Рік тому

    Fantastic and concise!! Thank you!

  • @docohm50
    @docohm50 Рік тому

    I think this will help my sister and I decide what to do. They want permission to put a $12 million dollar drill on our land in Oklahoma to drill a test well and they offered us 3/16 and 1/5 royalty options

  • @richardkaim4913
    @richardkaim4913 Рік тому

    On question 5, shouldn't the NRI for A also include the 1/8 royalty? As of the end of the video it only showed the 30% of the 7/8 WI.

    • @alycehogetraining
      @alycehogetraining Рік тому

      Hi Richard. I don't think I understand your question. The purpose of question 5 is to indicate that B also gets a 70% WI in the OUTSIDE ACREAGE once a successful well is drilled, leaving A with a 30% WI. To calculate the NRI for the outside acreage, we do take into account the 1/8 royalty interest because we deduct that burden from 100% to get the 87.5. Then we divide the 87.5 between the two WI owners - with party A entitled to 30% of 87.5 and party B entitled to 70% of the 87.5. The calculation is really the same as in Prob 4, we're just emphasizing the calculation is the same for the outside acreage.

  • @vaholathevegan8987
    @vaholathevegan8987 Рік тому

    Thank you so much this video simplified alot clear and to the point :D

  • @Anonymike365
    @Anonymike365 Рік тому

    Alt+Tab will switch between windows easier.

  • @robertcorneliuson1003
    @robertcorneliuson1003 Рік тому

    Very good!!

  • @bjonh3099
    @bjonh3099 2 роки тому

    Very well done! Thank you

  • @eddiev6600
    @eddiev6600 2 роки тому

    ᵖʳᵒᵐᵒˢᵐ 😢

  • @thereallesliec5232
    @thereallesliec5232 2 роки тому

    at 6:40 the NE/4 of the NE/4 Is incorrectly drawn as the NW/4 of the NE/4

  • @Me-vm7br
    @Me-vm7br 2 роки тому

    You are God sent 😘😘😘

  • @kimspringfield4180
    @kimspringfield4180 2 роки тому

    I must be the only GEN Xer to have joined the industry in the 80s, when the first BUST began! LOVE THIS! Next question... How do you not even look older, ever?

    • @alycehogetraining
      @alycehogetraining 2 роки тому

      Thank you, Kim! You just made my day! I was just re-watching the video and critiquing all my flaws. Right then, your note came up! I so appreciate it and your timing is impeccable! Thanks again, so much!

    • @alycehogetraining
      @alycehogetraining 2 роки тому

      One more thing - I joined in the 80's too - 1986, so you aren't the only one! :)

  • @user-ku3oz6kx2m
    @user-ku3oz6kx2m 2 роки тому

    Thank you I am schooling from home and was struggling with this.

  • @parkerthomas3395
    @parkerthomas3395 2 роки тому

    Fantastic presentation

  • @txgirl28d22
    @txgirl28d22 2 роки тому

    18. OILCO's NRI calculation is incorrect. The correct answer is 67.5%. You have subtracted the full royalty amount from a lease that covers less than the full mineral interest.

  • @susheelasingh8111
    @susheelasingh8111 2 роки тому

    Very good presentation

  • @alejandrobarranco9582
    @alejandrobarranco9582 2 роки тому

    This is so amazing thank you so much

  • @BJ-jt9yr
    @BJ-jt9yr 2 роки тому

    Finally i found what i m looking for. Thank u so much for explaining it in such a simple way.

  • @kevinswaney5875
    @kevinswaney5875 3 роки тому

    Great video, I was curious about payouts associated with farmout and farmin agreements. If I wanted to research if a company has their payouts being tracked where would I go other than AFE non-consents?

  • @kentlargo7940
    @kentlargo7940 3 роки тому

    Thank you very much! This was very helpful. I’m searching for land in Miami and needed to know these terms!

  • @syedali2494
    @syedali2494 3 роки тому

    Thankyou very much.

  • @sanjopj4661
    @sanjopj4661 3 роки тому

    Very useful video in understanding the metes & Bounds and sectional legal descriptions. Thanks a lot for doing this. It is explained in detail and you have made it simple to understand.

  • @Datapassenger_prashant
    @Datapassenger_prashant 3 роки тому

    Hi mam, I want to learn from you. But problem is I stay in India. I can share more if you share the details like email. Please I already have experience of royalty analyst and qgis experience. So I would like to take things further in career. I'm currently working for a royalty acquisition company in Texas.

    • @alycehogetraining
      @alycehogetraining 3 роки тому

      Sure! Its ahoge@landtraining.net. I look forward to hearing from you.

  • @FollowSteveJPN
    @FollowSteveJPN 3 роки тому

    i hit the like and subscribe. just confused a bit on the question

  • @FollowSteveJPN
    @FollowSteveJPN 3 роки тому

    I need help. my practice question saids how many acres in SE 1/4 , SE 1/4 , SE 1/4 of section 16 .. what exactly am I suppose to do?

  • @munirajsunraj7151
    @munirajsunraj7151 3 роки тому

    It's very useful. Thank you

  • @R3Z1984
    @R3Z1984 3 роки тому

    Thank you!

  • @toddtaylor8823
    @toddtaylor8823 3 роки тому

    Great! One note though, I think you state that 1 mile equals 800 chains. But I believe 1 mile equals 80 chains.

  • @AlexSerranocreativefeather
    @AlexSerranocreativefeather 3 роки тому

    very nice description, thanks

  • @aipacademy
    @aipacademy 3 роки тому

    Thank you so much, you made so easy to understand

  • @yacinedz4149
    @yacinedz4149 4 роки тому

    I love you

  • @TheCountanthony22
    @TheCountanthony22 4 роки тому

    Wow ... excellent tutorial ..I appreciate the step by step

  • @dmm3124
    @dmm3124 4 роки тому

    There were some errors in the video. Two men used one chain. Kentucky, Tennessee, and Hawaii do not use the rectangular system. Granted that Kentucky and Tennessee were part of Virginia, so it is almost true.

  • @Shiva-nn3wh
    @Shiva-nn3wh 4 роки тому

    It's really simple to understand, thank you so much

  • @Shiva-nn3wh
    @Shiva-nn3wh 4 роки тому

    Thank you so much for the detail explanation, i really learnt a lot, i was getting confused by watching others video but your video made perfect in Mets and bounds legal..

  • @LD-nx8oe
    @LD-nx8oe 4 роки тому

    Very helpful. Thank you!

  • @jct405
    @jct405 4 роки тому

    Well done, Alyce. Thanks.

  • @johnjones4593
    @johnjones4593 4 роки тому

    No, that was the NW 1/4 of the NE 1/4 😒

  • @LD-nx8oe
    @LD-nx8oe 5 років тому

    Thank you!