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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

Chevron Pipelines Company , et al., Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. In October 2013, Lexington Land filed a supplemental and amending lawsuit asserting its assigned claims against Chevron under both tort and contract theories.

Casing 59
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U.S. House of Representatives Passes Energy Bill

The Energy Law

Subtitle E amends the FOGRMA of 1982 to repeal royalty overpayment interest for lessees by the federal government and mandates that when royalty adjustments are made resulting in an underpayment by lessee the royalty obligation clock starts when the date the adjustment is taken.

Royalty 40
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article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

Chevron Pipelines Company , et al., Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. In October 2013, Lexington Land filed a supplemental and amending lawsuit asserting its assigned claims against Chevron under both tort and contract theories.

Casing 52
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

Chevron Pipelines Company , et al., Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. In October 2013, Lexington Land filed a supplemental and amending lawsuit asserting its assigned claims against Chevron under both tort and contract theories.

Casing 52
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Winter Storm Uri and Force Majeure: The Legal Battles Continue

Producer's Edge

Pioneer produces natural gas in the Permian Basin as a byproduct of its crude oil extraction operations and sends it to Targa Pipeline Mid-Continent WestTex ("Targa") for processing. Winter Storm Uri sent shockwaves through Texas, freezing gas supplies at a time of critical need and plunging the state into widespread power outages.

Gas 52