OIL & GAS MANAGEMENT
Much of the revenue generated from PUF Lands comes from oil and gas minerals. The University Lands’ Minerals and Surface Land teams and the Natural Resource Development team are strategically focused on maximizing development of these minerals across PUF Lands. University Lands’ land, geoscience, engineering, and data experts work together to accomplish this by:
“Our technical team is staffed with industry experts who have the experience and knowledge about what has been and continues to be successful across the acreage.”
▪ Identifying best practices in
varying well spacing and completions methods; ▪ Improving compliance and accuracy of data retrieval for the application of innovative data analytics; ▪ Identifying opportunities to repatriate acreage and helping operators work with one another to maximize horizontal development; ▪ Negotiating contracts to maximize the development value of the minerals; and ▪ Ensuring rights under existing contracts and state statutes are met.
development strategies, including completion designs, well spacing and stacking and landing depths; ▪ Working with operators to create and maintain continuous and well-paced development programs; ▪ Conducting technical studies and subsurface analyses to identify potential recoverable resources; ▪ Identifying opportunities for an operator’s growth and/or improved economics, including the testing of new formations and piloting of
Jenna Gibbins, Vice President of Natural Resource Development
Through these practices, the teams are dedicated to helping operators become more successful while maximizing revenue from the PUF Lands, not just today but for generations to come.
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