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

The Energy Law Blog

oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. The proposed budget would levy an excise tax on oil and gas produced in the Gulf of Mexico, which is expected to raise $5.3 billion from 2011 to 2019.

Oil 40
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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law Blog

In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. August 2018 was not an anomaly. 2d 640, 641-43 (W.D.

Gas 52
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Who Owns the Void? Oral Arguments at SCOTX Regarding Underground Storage Rights

Producer's Edge

This case presents two critical questions: Who owns subsurface caverns created by salt mining operations, and How should in-kind royalties be calculated for salt production? As I recently summarized in my annual oil and gas law review (Austin W. Brister & Logan Jones, Oil, Gas & Mineral Law, 9 SMU ANN. 3d 39 , 47 (Tex.

Royalty 52
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Fifth Circuit Reverses District Court Ruling Protecting Mineral Owner’s Rights of Ingress and Egress Over National Park Service Land

The Energy Law Blog

Dunn-McCampbell Royalty Interest Inc. The Texas law made an exception for the use of the surface of the land for the reasonable development of oil, gas, and other minerals – including the right of ingress and egress. by: Megan J. Nat’l Park Serv. , 09-40187 (5th Cir.

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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

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 40
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BOREALIS MINING BOGO-TSXV ALREADY HAS WHAT EVERYONE ELSE WANTS

Oil and Gas Investments

A BIG bank account they raised $16 million ahead of their August 2024 IPO A historical resource (non- 43-101 compliant, but from 2011) of 1.8 Then again in 2011-2013 it produced 125,000 oz of gold. million ounce resource from 2011 is in the Graben sulfide deposit. They pretty much have it all. Graben is open in all directions.