Remove 2013 Remove Exploration and Production Remove IT
article thumbnail

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% Negotiations are underway with ExxonMobil and Chevron to boost exploration.

E&P 130
article thumbnail

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. 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., State of Louisiana v.

E&A 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Specifically, courts must consider all relevant factors, not just profit, when determining whether production is in paying quantities. 50,300-CA (La.

article thumbnail

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. The Texas Supreme Court recently released its anticipated opinion in Eagle Oil & Gas Co. TRO-X, L.P. , 18-0983, 2021 WL 1045723, at *1 (Tex. 19, 2021) (โ€œ Eagle II โ€).

Royalty 52
article thumbnail

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. The Texas Supreme Court recently released its anticipated opinion in Eagle Oil & Gas Co. TRO-X, L.P. , 18-0983, 2021 WL 1045723, at *1 (Tex. 19, 2021) (โ€œ Eagle II โ€).

article thumbnail

BP Signs Agreement for Kirkuk Oil Fields Development

Iraq Business News: Oil & Gas

The agreement, signed in Baghdad on Tuesday under the patronage of Prime Minister Mohammed Shia Al-Sudani, encompasses oil, gas, power and water development, with potential for future exploration investment. It also builds upon BP's previous work on the Kirkuk fields from 2013 to 2019.

Field 40
article thumbnail

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. 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., State of Louisiana v.

E&A 52