The Energy Law

MARCH 15, 2023

2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. The lessees owned working interests in certain oil and gas leases that were executed in 2007.

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Royalty Oil Gas Downstream 98

The Energy Law

JUNE 4, 2007

Hunter MMS has announced proposed amendments to its deep gas royalty relief regulations under the Energy Policy Act of 2005. The additional relief will only be available in years when the annual NYMEX natural gas price is at or below $4.47/MMBtu MMS will accept comments on the proposed rule through July 17, 2007.

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Royalty Offshore BCF Gas 40

The Energy Law

NOVEMBER 1, 2007

The court ruled that Interior’s price threshold clauses unlawfully deprived Kerr-McGee of the statutory right to produce minimum volumes of oil and gas royalty-free, as mandated by Congress in the Outer Continental Shelf Deep Water Royalty Relief Act of 1995. CLICK here to view the decision

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Royalty Oil Gas Offshore 40

The Energy Law

MAY 25, 2007

04-05-00904-CV, 2007 WL 460648 (Tex. 14, 2007). Morris Resources, Ltd., Morris Resources, Ltd., Hamilton v. Morris Res., San Antonio Feb.

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Royalty Interest Royalty Oil Gas 40

The Energy Law

JUNE 12, 2017

4] In 2007, Fossil Operating, Inc. 10] Gloria’s Ranch amended its petition to include a claim for failure to pay royalties on production in Section 15 (from the unit well drilled by Chesapeake). between May 2007 and February 2010. [20] 3] Tauren subsequently assigned a 49% interest in the lease to Cubic Energy, Inc.

Royalty 40

Royalty E&P Exploration and Production Operator 40

The Energy Law

MARCH 10, 2021

In 2007, The Louisiana Commissioner of Conservation granted TMR a permit to drill for minerals on property not owned by Plaintiffs (collectively, the “Hills”). Louisiana Revised Statute 31:210 addresses rental and royalty payments that are owed to parties holding an interest in the leased property when an issue arises as to title.

Oil 52

Oil E&A IT Operator 52

The Energy Law

MARCH 10, 2021

In 2007, The Louisiana Commissioner of Conservation granted TMR a permit to drill for minerals on property not owned by Plaintiffs (collectively, the “Hills”). Louisiana Revised Statute 31:210 addresses rental and royalty payments that are owed to parties holding an interest in the leased property when an issue arises as to title.

Oil 40

Oil Exploration and Production E&A IT 40