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Louisiana Legislature to Consider Amendments to Forced Pooling Regime Requiring Operators to Pay Lessors of Nonparticipating Working Interest Owners Directly

The Energy Law

The bill, HB 590 , extends a prior substantive change in the law that was affected by the 2012 amendments to La. As was the case in 2012, this proposed amendment would also extend this direct payment requirement to any overriding royalty interests burdening the nonparticipating owner’s lease.

Royalty 98
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Energy Transfer’s Executive Chairman Kelcy Warren

Energy Transfer

His $10 million donation in 2012 was instrumental in the creation of Klyde Warren Park , a beloved 5.2-acre Warrens influence extends beyond business success, demonstrating how a blend of strategic vision and compassionate giving can create a lasting legacy. acre green space that reconnects the citys uptown and downtown areas.

Energy 52
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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

2] The Defendant-Lessee drilled a gas well on the leased premises on February 14, 2012. [3] 3] The well, which was to produce from a reservoir and zone under the property of multiple landowners, was completed on April 27, 2012 and began production on May 18, 2012. [4] Anglo-Dutch Energy, L.L.C. , Anglo-Dutch Energy, L.L.C. ,

Royalty 40
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Gold for oil policy at risk of illicit financial flows – ISSER

Reporting Oil and Gas

billion over a decade (2012-2021) due to mis-invoicing, while illicit outflows through export under-invoicing amounted to $5.11 trillion lost to money laundering. Experts revealed that Ghana experienced cumulative gross illicit flows of $14.39

Oil 52
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A New Opinion Report is Published: Assistance for Real Estate Financing Transactions

The Energy Law

The next report was the comprehensive The Real Estate Finance Opinion Report of 2012 published at 47 Real Prop. 213 (2012) and The ACREL Papers 121 (Spring 2013). The Local Counsel Opinion Letters – A Supplement to the Real Estate Finance Opinion Report of 2012 , 51 Real Prop. & Est. L. & Est. L.

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

The Energy Law

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.

Gas 52
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Trial Court Rules that Article 22’s “Original Condition” Refers to Property’s Condition at the Creation of a Mineral Servitude

The Energy Law

The plaintiff landowner sued the present mineral servitude owner in 2012, and argued that under Article 22, the servitude owner was required to restore the property to its “original condition” as of the 1930s—before the commencement of oil and gas operations. In Sterling Sugars , mineral operations on the subject property began in the 1930s.