Petroleum Joint Venture Extension Certificates

E-mail: cescience@mtroyal.ca
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Location: Lincoln Park Campus, 4825 Mount Royal Gate SW

Joint Venture Administrator | Joint Venture Analyst

Petroleum Joint Venture Administrator Extension Certificate

As a front line representative, the joint venture professional ensures that a company's contractual obligations are met and provides a liaison between the land, accounting, engineering, marketing and legal departments of companies involved in the oil and gas industry. Gain the administrative skills needed by learning the various tools and techniques a joint venture administrator requires in order to streamline and standardize new and existing industry practices. Develop the tools, techniques and mechanics of the administration and management of pertinent module agreements and their terms and conditions. Study the impact of complex issues associated with work practices and in maintaining and administering recommended industry practices and procedures.

Upon completion of this certificate you will be able to identify and understand joint venture model agreements and their use in the oil and gas industry. Different processing commitments and associated obligations of each model agreement and the respective appendices, exhibits and attachments require the specific knowledge taught in this certificate. Students will prepare and administer joint venture model agreements including the form, structure and specific requirements of each separate component for each agreement.

Please note: Some courses in this program have required prerequisites. Without successful completion of the required prerequisite on your transcript you will be dropped from the course without a refund.

Created in partnership with the Petroleum Joint Venture Association (PJVA)* these specialized programs are designed to give you the skills needed in this rapidly expanding profession. 

Scholarships and Bursaries
Several scholarships and bursaries are available.

Requirements
Canadian high school diploma or equivalent or mature student status with at least two years of business experience. Students must have internet access.

Program Note
CAPPA Level 1 - Introduction to the Oil Patch will be recognized as a course equivalency for The Petroleum Industry: An Integrated Approach.

Earning Your PJVA Administrator Extension Certificate
Complete all four courses (150 hours) in this PJVA Extension Certificate program with a grade of 60% or higher in each course, within five years. 

Challenge Exam
Available to those with industry experience. Materials are optional and available at the BookStore. Passing grade 60% or higher. Challenge exam may only be taken once.  

Career Outlook
The Petroleum Joint Venture Administrator Extension Certificate is ideal if you are already working in joint venture or other disciplines within the oil and gas industry or if you are looking for an opportunity to enter the oil and gas industry. 

*The Petroleum Joint Venture Association, the PJVA and the PJVA logo and design are trademarks which are the exclusive property of the Petroleum Joint Venture Association, used under licence by Mount Royal University.

Required PJVA Administrator Courses 

The Petroleum Industry: An Integrated Approach
Acquire basic knowledge of various aspects of the petroleum industry, its terminology and applications in land administration. From exploration to production, this course covers geology, governments, companies and economics.
Course materials: available through the BookStore for an additional cost.

Challenge Exam - The Petroleum Industry: An Integrated Approach
Available to those with industry experience that includes specific course content. Pass mark is 60%. This challenge exam may only be taken once. Materials are optional. Exam must be scheduled and written within 4 weeks of registration date.
Course materials: available through the BookStore for an additional cost.

Joint Venture Analyst, Level 1
Define the role of joint venture within the petroleum industry and gain a foundational understanding of the role of an administrator and an analyst within joint venture. Identify and explain the agreements required within operations, mineral rights, surface rights, facilities and land. Be introduced to basic project economics and production accounting, including metering, measurement allocation and SCADA/EFM. Gain an understanding of the role of acquisitions and divestiture, negotiations and oil and gas law, and royalties.
Prerequisite: Joint Venture Agreements
Course materials: available through the BookStore for an additional cost.

Joint Venture Administration
Become familiar with the model agreements used in petroleum joint venture. These agreements are of varying complexity and require ongoing administration. Gain knowledge of the work practices and documentation requirements of these agreements and be introduced to elements of standardization and improved efficiency in the administrative processes.
Prerequisites: Joint Venture Agreements.
Course materials: available through the BookStore for an additional cost.

Joint Venture Agreements
Fundamental model agreements govern the daily operation of much of the infrastructure and the administration of jointly owned production and processing facilities ranging from simple flow lines to complex gas processing plants. Discuss the importance of each of the model agreements, understand the role each agreement plays in negotiations, explain the importance and structure of each agreement and learn to develop new agreements based on current industry-accepted models, and amend, review and interpret existing agreements.
Prerequisite: The Petroleum Industry: An Integrated Approach or CAPPA Level 1.
Course materials: available through the BookStore for an additional cost.

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Petroleum Joint Venture Analyst Extension Certificate

Develop a thorough understanding of the responsibilities of administering agreements, ensuring that contractual obligations are met. Build your knowledge of joint venture model agreements in order to draft, review, negotiate and ensure compliance with terms. 

Upon completion of this certificate you will be able to provide a thorough understanding of joint venture model agreements and their relationships as used in the oil and gas industry. Students will analyze negotiated terms and draft components of model agreements, understand the various forms, structures and requirements of each component. Identify and apply different processing commitments and obligations associated with each respective appendix, exhibit or attachment while understanding industry practices and procedures.

Please note: Some courses in this program have required prerequisites. Without successful completion of the required prerequisite on your transcript you will be dropped from the course without a refund.

Created in partnership with the Petroleum Joint Venture Association (PJVA)* these specialized programs are designed to give you the skills needed in this rapidly expanding profession. 

Scholarships and Bursaries
Several scholarships and bursaries are available.

Requirements
Canadian high school diploma or equivalent or mature student status with at least two years of business experience. Students must have internet access. 

Earning Your PJVA Analyst Extension Certificate
Complete all five courses (185 hours) with a grade of 60% or higher in each course. The certificate must be completed within five years. Successful completion of each course is based on exam results, assignments and presentations.

Challenge Exam
Available to those with specific oil and gas industry experience. Materials are optional and available at the BookStore. Passing grade 60% or higher. The challenge exam may only be taken once.  

Career Outlook
The Petroleum Joint Venture Analyst Extension Certificate is ideal if you are already working in joint venture or in other disciplines within the petroleum industry or if you are looking for an opportunity to establish credentials in order to enter into the discipline of joint venture in the oil and gas industry. 

*The Petroleum Joint Venture Association, the PJVA and the PJVA logo and design are trademarks which are the exclusive property of the Petroleum Joint Venture Association, used under licence by Mount Royal University.

Required PJVA Analyst Courses

The Petroleum Industry: An Integrated Approach
Acquire basic knowledge of various aspects of the petroleum industry, its terminology and applications in land administration. From exploration to production, this course covers geology, governments, companies and economics.
Course materials: available through the BookStore for an additional cost.

Challenge Exam - The Petroleum Industry: An Integrated Approach
Available to those with industry experience that includes specific course content. Pass mark is 60%. This challenge exam may only be taken once. Materials are optional. Exam must be scheduled and written within 4 weeks of registration date.
Course materials: available through the BookStore for an additional cost.

Joint Venture Analyst, Level 1
Define the role of joint venture within the petroleum industry and gain a foundational understanding of the role of an administrator and an analyst within joint venture. Identify and explain the agreements required within operations, mineral rights, surface rights, facilities and land. Be introduced to basic project economics and production accounting, including metering, measurement allocation and SCADA/EFM. Gain an understanding of the role of acquisitions and divestiture, negotiations and oil and gas law, and royalties.
Prerequisite: Joint Venture Agreements
Course materials: available through the BookStore for an additional cost.

Joint Venture Analyst, Level 2
Further define the roles within the industry and build upon the foundational concepts and skills identified in Level 1. Acquire advanced knowledge of the agreements required within joint venture operations, mineral rights, surface rights, facilities and land. Gain an understanding of the 13th month throughput adjustment and the concepts for audit as it relates to joint venture. Be introduced to concepts and skills in marketing and the midstream commercial business in oil and gas. Advance your understanding of production accounting, including metering, measurement allocation and SCADA/EFM, as well as the role of acquisitions and divestiture, and expand your foundational skills in negotiations.
Prerequisite: Joint Venture Analyst Level 1.
Course materials: available through the BookStore for an additional cost.

Joint Venture Analyst, Level 3
Apply the skills, techniques, theories and processes you learned in Levels 1 and 2. Develop a thorough understanding of all required model agreement templates within joint venture. Learn the key elements of Appropriate Dispute Resolution skills and strategies. This course provides the groundwork for meaningful discussions and negotiations in a case study format with the opportunity for in-class participation.
Prerequisite: Joint Venture Agreements and Joint Venture Analyst, Levels 1 and 2
Course materials: available through the BookStore for an additional cost.

Joint Venture Agreements
Fundamental model agreements govern the daily operation of much of the infrastructure and the administration of jointly owned production and processing facilities ranging from simple flow lines to complex gas processing plants. Discuss the importance of each of the model agreements, understand the role each agreement plays in negotiations, explain the importance and structure of each agreement and learn to develop new agreements based on current industry-accepted models, and amend, review and interpret existing agreements.
Prerequisite: The Petroleum Industry, An Integrated Approach or CAPPA level 1.
Course materials: available through the BookStore for an additional cost.

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