2009 and Royalty - Energy Aggregated

White House Wants to End Royalty-in-Kind Program

The Energy Law Blog

SEPTEMBER 17, 2009

by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash. For the full story, see [link]

Royalty

Royalty American Petroleum Institute Government Petroleum

Fifth Circuit Royalty Decision Stands — Supreme Court Denies Cert

The Energy Law Blog

OCTOBER 5, 2009

The high court’s refusal to consider Interior’s appeal allows the Fifth Circuit’s January 2009 decision to stand. The United States Supreme Court has denied the Petition for Certiorari filed by the United States Department of the Interior in Kerr-McGee Oil & Gas Corp. Dep’t of the Interior , 554 F.3d 3d 1082 (5th Cir.

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Royalty Oil Gas

Interior Considers Appeal of Kerr-McGee Decision

The Energy Law Blog

MARCH 12, 2009

By Jason Johanson On Friday, March 6, 2009, Interior Secretary Ken Salazar stated that the agency is considering an appeal to the United States Supreme Court of the decision in Kerr-McGee Oil & Gas Corp. 3d __, 2009 WL57883 (5th Cir. Department of the Interior , __ F.3d

Royalty

Royalty Management Oil Gas

Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law Blog

JUNE 12, 2017

6] On September 1, 2009, Gloria’s Ranch executed a top lease to Chesapeake on the property in Section 21. [7] 7] In November of 2009, Tauren assigned the deep rights (all depths below the base of the Cotton Valley formation) to EXCO USA Asset, Inc. for the 18 month period prior to Gloria’s Ranch’s letter in December of 2009. [19]

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Royalty E&P Exploration and Production Operator

Gulf of Mexico Lease “Price Threshold” Conditions Held Unlawful

The Energy Law Blog

JANUARY 16, 2009

A unanimous panel of the United States Court of Appeals for the Fifth Circuit has held that the United States Department of the Interior violated the Outer Continental Shelf Deep Water Royalty Relief Act (“RRA”) by imposing price threshold conditions that require federal lessees to pay royalties when commodity prices rise.

Royalty

Royalty Oil Gas IT

Louisiana Third Circuit Addresses Payment of Royalties in Situations Involving Production Under a Mineral Lease Pursuant to a Conditional Allowable Prior to Unitization

The Energy Law Blog

JANUARY 12, 2017

the Third Circuit addressed the question of whether or not a mineral lessee must pay its lessor full lease-basis royalties for production undertaken during the effective period of a conditional allowable but prior to the effective date of a unit order. [1] Anglo-Dutch Energy, L.L.C. , Anglo-Dutch Energy, L.L.C. , Anglo-Dutch Energy, L.L.C. ,

Royalty

Royalty IT Gas Operator

U.S. House of Representatives Passes Energy Bill

The Energy Law Blog

SEPTEMBER 23, 2008

Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. per MMBtu, unless lease royalties were renegotiated with the Secretary , imposes Conservation of Resources Fee on nonproducing lease acreage of $3.75 House of Representatives passed Speaker Pelosi’s Energy Bill, H.R.

Royalty

Royalty Energy Energy Offshore

U.S. Treasury Secretary Attacks Tax Breaks for Oil & Gas Companies

The Energy Law Blog

MARCH 13, 2009

Secretary Timothy Geithner said when speaking to Congress on March 4, 2009. However, the tax will only affect companies currently using a loophole to avoid paying royalties on the energy supplies they drill. Those already paying royalties would get a tax credit. By Emma Hinnigan U.S. billion from 2011 to 2019.

Oil

Oil Gas Royalty Natural Gas

Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law Blog

OCTOBER 4, 2018

The chart below depicts Haynesville shale dry natural gas production averages from January 2009 to August 2018 in billion cubic feet per day. The first began in early 2009 with average daily Haynesville production surpassing 1 billion cubic feet per day for the first time in June of that year.

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Gas Exploration and Production E&P E&A

Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law Blog

JUNE 12, 2017

1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] in unpaid royalties and an additional double damages penalty of $484,058.52

Royalty

Royalty Exploration and Production Royalty Interest Operator

Fifth Circuit Reverses, Allows Texas to Intervene in Cy Pres

The Energy Law Blog

JUNE 2, 2009

By Marie Carlisle On May 28, 2009, the Fifth Circuit decided In the Matter of: Lease Oil Antitrust Litigation, case no. 08-40230, reversing the District Court’s denial of the State of Texas’ motion to intervene in a matter concerning unclaimed settlement money from the oil antitrust action.

Oil

Oil Casing IT Royalty

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

MARCH 30, 2017

Given the fact that oil and gas operators often utilize concursus actions in disputes over mineral proceeds/royalties, the Court’s application of Article 4659 ensures that operators can continue to rely on the deposit of funds as satisfying not only their financial obligation to concursus claimants but also to the Court. However, art.

Spud-in

Spud-in Operator IT E&A

Federal Court Enjoins Biden’s Social Cost of Carbon Efforts On the Basis of Negative Impact to Energy Industry and Energy Producing States

The Energy Law Blog

FEBRUARY 24, 2022

In 2009, the Obama administration established estimates of the social cost of carbon (“SCC Estimate”) that all agencies were required to use in their regulatory cost/benefit analysis. Judge Cain also noted that using the SCC Estimate in oil and gas lease reviews would “artificially increase the cost estimates of lease sales.”.

Energy

Energy Energy Exploration and Production Royalty

Energy Aggregated

White House Wants to End Royalty-in-Kind Program

Fifth Circuit Royalty Decision Stands — Supreme Court Denies Cert

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Interior Considers Appeal of Kerr-McGee Decision

Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

Gulf of Mexico Lease “Price Threshold” Conditions Held Unlawful

Louisiana Third Circuit Addresses Payment of Royalties in Situations Involving Production Under a Mineral Lease Pursuant to a Conditional Allowable Prior to Unitization

U.S. House of Representatives Passes Energy Bill

U.S. Treasury Secretary Attacks Tax Breaks for Oil & Gas Companies

Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

Fifth Circuit Reverses, Allows Texas to Intervene in Cy Pres

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

Federal Court Enjoins Biden’s Social Cost of Carbon Efforts On the Basis of Negative Impact to Energy Industry and Energy Producing States

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