Tuesday, July 22, 2014
7:30 - 8:00 am:  Registration and Continental Breakfast  Â
8:00 am: Overview, Structure & Operation of Oil & Gas Corporate Legal Departments…
- "Who does what in-house"Â
- How much do they do?Â
- Legal decision making in O&G companiesÂ
Why lawyers need to speak O&G:Â Â You can't work in a steak house if you don't know a sirloin from a chuck steak
Where the clients are … why they need you … where you have to be
8:40 am: Â Geology Petroleum Traps and Reservoirs
- Don't get sloppy with contract language
- Who owns what? … (beneath your feet)
- Don't give it away
9:15 am: Ten Minute Break
9:25 am: The Players…and Their Liabilities
- The business would die without independent contractors…Â
- And out-house lawyers
- Types of drilling contracts
- Operating agreements: Who gets to lead and when to be a follower
- Partnerships?...Really?Â
- Who takes the blame when things go wrong
- Indemnity - part I
10:15 am: Â Drilling- The Wild Part of the Business
- Types of drilling contracts:Â Plusses and minuses
- Hydrostatic pressure:Â The giant awaits
- How drilling works
- Negligent acts that accompany the drilling process
- Blowouts - there are no accidents - who's to blame?
10:45 am: Ten Minute Break  Â
10:55 am: Completions: Cementing, Perforating, and Fracing --- AKA Lawyers' Retirement Funds?
- How it happens
- What goes wrong…and what do ask in depositions
- Is it fracing….or fracking? Why lawyers care
- Does fracing pollute the groundwater? If so, how? Who's to blame?
12:00 pm: Â Group Lunch
1:15 pm: Marketing the Deal
- Be creative - your client will love it
2:00 pm: Â From the Rock to the SurfaceÂ
- Drive mechanisms
- Life of O&G reservoirs
- Artificial lift
- Secondary & tertiary recovery (water-flooding & carbon dioxide floods) and a whole new universe of legal problems
2:50 pm: Ten Minute Break
3:00 pm: Pumps & Compressors- Why lawyers should care
3:45 pm: Â Use of Trial Exhibits - Case Studies
4:10 pm: Â Ten Minute Break
4:20 pm: At the SurfaceÂ
- What goes where?  How does it happen?Â
- Royalty owners (often) get 1/8th…but of what?
- Kind of depends on how you wrote the contract
- Getting rid of the bad stuff…like salt water and poisonous gasses
- Water disposal leases Â
- Help your client make (or save) money disposing of the bad stuff
- How clean is clean?Â
- Pits and leaks and spills….oh my!
5:30 pm: End of Day One
5:30 - 5:45 pm:Â Traditional Post-Class Arguments with the InstructorÂ
Wednesday, July 23rd, 2014
7:30 am: Continental Breakfast, Regroup and Legal Arguments from Day One
8:00 am: What's It Worth?
- Write better contracts when you know what your client is selling
- Hydrocarbons: good ones….and not-so-good ones
- Is it an oil well or a gas well … and how the lawyer can make a difference
- A little bit of chemistry
- Barrel oil equivalents…and what they're worth
- NGLs, LNGs, and LPGsÂ
- What about ethane? Don't let your client lose money (like many others have done)
9:15 am: Ten Minute Break
9:25 am: Oil Company Records - Get Ready for the Depositions
- A gold mine for lawyers in-the-know
- Document retention…how it really works
- What's hidden in the attic
- Notebooks and day planners
- Well files
- Field & reservoir studies
- Special reports
- Where do the documents go after a merger or acquisition?
10:00 am: Â Gas Processing and Distillation
- Help your client maximize revenue - it's worth more as a liquid
- Gas plant ownership and operation
- Historical contamination below gas plants
- What's going on in those towers?
- Super-cooling stuff…like Walt Disney (and Michael Jackson?)
10:45 am: Â Ten Minute Break
10:55 am: Pipeline Operations Gathering Systems, Transportation Lines, and Local Distribution Companies
- Repair v replace…at what point is this (gross) negligence?
- Right of way Agreements
- Safety and mechanical Integrity
- Legal issues regulation
- Who has legal jurisdiction?
12:00 pm: Â Group Lunch and Arguments with Lynn Bortka
1:15 pm: Â Forced cessation of arguments with Lynn Bortka
1:16 pm: Â More Pipelines
- Interconnects
- Receipt & delivery pointsÂ
- Backhauls
- Compressor operations
- Straddle gas plants…picking off the leftovers
1:50 pm: Â O&G Storage, Transportation, Exchange, and Marketing
- Salt Caverns and depleted reservoirs
- Storage and trading hubs - are these 'contracts' legal?
2:15 pm: Â Ten Minute Break
2:25 pm: Â Indemnity, Part II
- Anti oil-field indemnity statutes
- Negotiating the indemnity clause
3:00 pm: Â Safety
- Occupational Safety and Health Administration's (OSHA's) oversight in the oil-field
- When, if ever, the operator is responsible for the safety of its contractors
- Formation & use of company safety policies
- Reporting of significant incidents
3:30 pm: Environmental
- A review of the legal breaks, loopholes, "distinctions" enjoyed by the O&G business
- Carbon sequestration
- How the definition of "Waters of the U.S." impacts the O&G business
- Groundwater contamination
- Oil-company-drilled water wells
4:00 pm: Ten Minute Break
4:10 pm: Risk Matrices…All the Rage
- How and why they are used
- How they are built
- Legal liabilities are everywhere you look…once you know what you're looking for
4:55 pm:  Mexico…Coming Soon!
- Quasi-privatization of the upstream business?
- Offshore opportunities
- Eagle-Ford shale development opportunities for lawyers and their clients
5:30 pm: Â End of Day Two
5:31 pm Thru ???: Â Bantering and CajolingÂ
This two-day seminar will be held at the hotel. The seminar will start promptly at 8:00 AM and will finish at 5:30 PM on the first day. On the second day, the seminar will resume at 8:00 AM and will finish at 5:30 PM. The program includes continental breakfast, lunch, and coffee breaks. Dress is casual for all seminars.
COVID 19 Information:
Please
click here for the PGS Covid-19 policy.
You can confirm each hotel's specific COVID 19 policy using the link(s) provided below.
The price for this comprehensive
two-day seminar
is
$1,549 (USD).
Payment is due prior to the start of the seminar by Visa, Master Card, American Express, or corporate check.
Seminar fees will be charged to your credit card at the time of registration unless other arrangements have been made.
Please make checks payable to "PGS Energy Training" 26 Teal Lane • Hilton Head Island, SC 29926.
Cancellations will result in a credit that is good for 2 years which can be transferred to a colleague.
Substitutions may be made at any time.
For more information on PGS policies regarding administrative matters and complaint resolution, please contact our offices at (843) 212-4038.