2013 Downstream Royalty 
Producer's Edge
JANUARY 27, 2025
LLC sought to enforce a provision in a 1948 mineral lease requiring Unitex WI, LLC and Unitex Oil and Gas, LLC (Unitex) to bury pipelines on the ranch land surface CT Land acquired in 2013. The lease provided for a royalty calculated based on the “market value at the well.” In this case, CT Land and Cattle and Cattle Co.,
The Energy Law
NOVEMBER 7, 2014
Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments. See United States v. ATP Oil & Gas Corp. , 955 F.Supp.2d 2d 616 (E.D. See 40 C.F.R.
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