This seminar is designed for industry personnel who require a good understanding of agreements commonly used in relation to the production of joint venture oil and gas.
This seminar will provide a detailed review of production agreements commonly used in conjunction with the production of conventional oil and gas in Western Canada. The Petroleum Joint Venture Association (PJVA) model Unit Agreement and Unit Operating Agreement will be reviewed along with a brief discussion of the current legal/regulatory factors necessary for unitization, the incentives for unitization, and the process of unitization. Other operating agreements that will be reviewed include: the PJVA model Construction, Ownership and Operating (CO&O) Agreement (with comparison to the older form of CO&O Agreement), the PJVA model Gas Processing Agreement, Gas Transportation Agreement and Well Effluent Processing and Water Disposal Agreement, and the new PJVA Contract Well/Facilities Operating Agreement. Additionally, the seminar will provide an overview of how third party fees are typically structured.
Registration Fee includes beverages and snacks.
Mr. John Stayura is a Professional Engineer who was Manager of Joint Ventures with ARC Resources Ltd. up to December 31, 2009. He retired from ARC but continues to do ad hoc consulting and training through his consulting firm JAS Management Ltd. He has presented the one day Production Agreements seminar for CAPL for several years.
Mr. Stayura has over 30 years of diversified petroleum engineering experience including production engineering, reservoir engineering, completions engineering, business development, marketing and joint venture engineering. He managed joint venture operations at Canadian Hunter Exploration Ltd. where he was employed for 17 years prior to joining ARC in 2002.
Mr. Stayura's education background includes a BSc in Chemical Engineering from the University of Calgary - 1978.