Payouts
What group initiates the payout process?
Joint Venture
Who is the only softball team in D1 history to win 4 national championships in a row?
Which comes first: creating a Unified DOI or creating a Unified Venture?
Unified Venture
What year was the first Apple iPhone released in the United States?
2007
Which U.S. president helped establish the Rectangular Survey System?
Thomas Jefferson
What is it called when the revenue generated from the production of a well equals the total investment costs incurred to drill and complete the wells?
Which golf tournament did Tiger Woods win by 12 strokes cementing his first-ever major championship win?
The Masters
What is a PPA?
Prior Period Adjustment
What is Taylor Swift's middle name?
Alison
What state doesn’t have federal lands?
Texas
What is a UMI?
Unleased Mineral Interest
What NFL football team went undefeated during the regular season before losing to the New York Giants in the 2012 Super Bowl?
The New England Patriots
JOPERATOR
What singer has the record for most Grammy nominations?
Beyonce (88)
What do the first five digits of the API number stand for?
The first two digits are the state code and the next three digits are the county code
What is it called when all non-consent owners are back in the well?
Final Payout
Which NFL team has their logo located on only one side of their helmets?
Pittsburg Steelers
What are two reasons replacement DOIs might be used?
1. Payouts, Workovers, Temporary DOIs, DOIs/Corrections are not going back to first sales, Major title changes (historically)
Who is the most followed person on Instagram?
Cristiano Ronaldo
How many sections are in a township?
36
What two criteria must be met for a Working Interest partner to pick up/carry non-consent interest?
They’re a Joint Operating Agreement (JOA) signatory party and they’ve consented in the well
What female pitcher once struck out Babe Ruth and Lou Gehrig?
Jackie Mitchell
What two things do you multiply together to calculate the unitized decimal?
What is the most watched YouTube video of all time?
Baby Shark dance
What interest type is carved out of a Working Interest?
Overriding Royalty Interest