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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Algerias Sonatrach will increase hydrocarbon production by 2.5%

E&P 130
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Overturning 8 Years of โ€œPalpable Error,โ€ The Louisiana Supreme Court Limits Damages Available to Landowners in Oilfield Legacy Litigation

The Energy Law

Louisiana Land and Exploration Co., Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. In 2013, the decision in State of Louisiana v. Louisiana Land and Exploration Co., This was all done in light of this Courtโ€™s 2013 La. State of Louisiana v. 2020-00685 (La. 6/30/2021); โ€” So.

E&A 105
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Production in Paying Quantities: Second Circuit Holds Lower Courts Must Consider All Relevant Factors, Not Just Profit

The Energy Law

Since this blogโ€™s post on production in paying quantities on January 26, 2016 , the Louisiana Second Circuit Court of Appeal rendered its latest decision on the subject in Middleton v. EP Energy E&P Co., Lea Exploration Co., 1994) considered a production period that occurred seven to ten years before the date of trial.

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Expand Energy: From Chesapeakeโ€™s Fall to Americaโ€™s Top Natural Gas Producer

Rextag

Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., it was Chesapeake Energy. This company faced and survived nearly every extreme the energy industry could throw, including bankruptcy. In 2013, after a shareholder revolt, McClendon stepped down as CEO.

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U.S. House of Representatives Passes Energy Bill

The Energy Law

House of Representatives passed Speaker Pelosiโ€™s Energy Bill, H.R. 6899, titled โ€œComprehensive American Energy Security and Consumer Protection Act.โ€ Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions.

Royalty 40
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Texas Supreme Court Update: TRO-X Lives to Fight Another Day in Contractual Dispute over Share of Income on Production from Equitable Interests

The Energy Law

Eastland 2013, pet. In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. Eagle explained that the subsequent withholding of production income was not the legal injury, but was instead simply a form of the damages resulting from the prior injury.

Royalty 52
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Texas Supreme Court Update: TRO-X Lives to Fight Another Day in Contractual Dispute over Share of Income on Production from Equitable Interests

The Energy Law

Eastland 2013, pet. In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. Eagle explained that the subsequent withholding of production income was not the legal injury, but was instead simply a form of the damages resulting from the prior injury.