The Energy Law

JUNE 8, 2020

With the prevalence of cases involving royalty disputes in Texas, the state’s Supreme Court has never hesitated to address these issues. But the Court’s sporadic holdings regarding royalty clauses, each so specific to the particular language of the lease, have left lessees on unsteady footing. Heritage Resources , 939 S.W.2d

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Royalty Exploration and Production Oil IT 52

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. While bumpy, this road has since 2014 led to a marked drop in attacks on oil infrastructure in the Delta. The rate of royalty will rise in tune with oil prices.

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Oil Royalty Exploration and Production Government 52

The Energy Law

MARCH 26, 2019

30:10 was inapplicable to the case because the costs outlined in the statute comprised only pre-production and production costs. 30:10] simply means that, for all of this, he is given the equivalent of a “no cost” royalty clause on production proceeds. 4] In opposition, the unit operator contended that La. This is hardly unjust. [19]

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Operator Exploration and Production E&A Casing 52