Remove 2002 Remove Casing Remove Operator
article thumbnail

Harmonizing Assignments and Exhibits

Producer's Edge

Can limitations in the exhibit, such as depth references, supersede the operative granting language in the body of an agreement? Citation 2002 Inv. Citation 2002 Inv. As is usually the case with contract interpretation, clarity and specificity are paramount. 23-0037, 2024 Tex. LLC, & Endeavor Energy Res., 3d 550 (Tex.

article thumbnail

Broad Assignments & Deep Disputes: Decoding Depth Descriptions

Producer's Edge

Citation - The Latest Twist The Texas Supreme Court revisited the issue of harmonizing an assignment’s broad body and descriptive exhibits in the recent case, Occidental Permian, Ltd. Citation 2002 Inv. et al (Occidental) to a predecessor of Citation 2002 Investment LLC (Citation). LLC , 689 S.W.3d 3d 899 (Tex.

Casing 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tightening the Timeline for Original Condition: the First Circuit Denies Writ from Ruling Applying Subsequent Purchaser Doctrine to Dismiss Claims Against a Mineral Servitude Owner

The Energy Law Blog

In the watershed Corbello [1] decision, the Louisiana Supreme Court affirmed a $33 million award—the cost to restore property valued at $108,000 to its “original condition” after it was damaged by oil and gas operations. For more information on how the subsequent purchaser doctrine has been applied in legacy cases, click here.)

article thumbnail

Louisiana’s Sabine River Authority Not Entitled To Sovereign Immunity

The Energy Law Blog

The Fifth Circuit agreed with the lower court that state statutes and case law characterize SRA-L as an arm of the state; but caveated that the factor was restricted and “given the inconsistent descriptions in the same statutes and the lack of a more-definite characterization in either statute or case law.” [7] Hawkins , 381 F.3d

Casing 52
article thumbnail

Federal Court Finds A Continuing Duty Under Louisiana Law To Prevent The Erosion of Pipeline Canals

The Energy Law Blog

A recent decision from the Eastern District of Louisiana provides a mixed bag for pipeline companies or others whose operations involve canals. Tennessee Gas Pipeline Company , coastal landowners sued pipeline operators for their alleged “failure to maintain” canals dredged pursuant to numerous rights-of-way granted from the 1950s to 1970s.

article thumbnail

Texas Court Upholds Lease Cancellation for Failure to Pay Shut-In Payments To Proper Party

The Energy Law Blog

The case involved a dispute between the original lessee and a top lessee. In 2002, based on Nitschke’s alleged failure to pay shut-in royalties to the proper party, Townsend, acting as Van Hovenberg’s attorney in fact, leased the 105.8 acre tract to Circle Ridge Production, Inc.

Royalty 40
article thumbnail

Key Issues in OTC Derivatives Contracts as COVID-19 Disrupts Global Financial Markets

The Energy Law Blog

Companies are grappling with a multitude of issues — from the health and safety of employees to increased cyber security risks to financial and operational stability. In such cases, hedge counterparties may increase calls for margin and collateral posting both in frequency and amount. Liskow & Lewis is fully operational.