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Harmonizing Assignments and Exhibits

Producer's Edge

What happens when language in the body of an assignment of oil and gas interests conflicts with descriptions in the exhibits? Citation 2002 Inv. Citation 2002 Inv. Can limitations in the exhibit, such as depth references, supersede the operative granting language in the body of an agreement? 23-0037, 2024 Tex. 23-0037, 2024 Tex.

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Broad Assignments & Deep Disputes: Decoding Depth Descriptions

Producer's Edge

Where the instruments are not clear, this can sometimes lead to disagreement as to whether the descriptive information is intended to limit the scope of the assignment, or to merely serve as helpful descriptive information. Citation 2002 Inv. et al (Occidental) to a predecessor of Citation 2002 Investment LLC (Citation).

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Louisiana Second Circuit Addresses: (1) Creation of Mineral Servitudes Via Notarial Acts of Correction; (2) Obstacles Suspending the Prescription of Nonuse from Running Against Mineral Servitudes; and (3) Payment of Court Costs in Concursus Actions

The Energy Law Blog

14] The Second Circuit’s decision in regard to this issue does not represent a departure from the viewpoint that most in the oil and gas industry have towards notarial acts of correction. Department of Agriculture (“USDA”) in 1999 and 1998, respectively, over the surface of the property subject to the Harts’ mineral servitude. [17]

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