Oil and Gas Lawyer
NOVEMBER 7, 2024
Fasken operates wells on the property; the Puig descendants sued Fasken for deducting post-production costs from their royalty. The trial court agreed with Puig, and the court of appeals affirmed, in a well-reasoned opinion relying on the Supreme Court’s opinion in Chesapeake Exploration v. Hyder , 483 S.W.3d 3d 870 (Tex.
The Energy Law Blog
MARCH 3, 2016
Since this blog’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.
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AWS: Energy (Oil & Gas)
JANUARY 15, 2025
Their solution combines advanced weather data and sophisticated algorithms to monitor and optimize solar energy production for small-scale producers. In this post, we explore how BDPV used AWS services to build a scalable, reliable, and cost-effective monitoring architecture. Production performance tracking Figure 3.
The Energy Law Blog
JUNE 8, 2020
BlueStone primes the Court to resolve a Texas appellate court split regarding whether a lease provision requiring royalties to be paid based on “gross” profits or value received from the sale of oil and gas production nullifies an “at the well” valuation point elsewhere in a lease. Heritage Resources , 939 S.W.2d 2d at 120-21.
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. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen? Exxon comes next: the U.S.
The Energy Law Blog
OCTOBER 15, 2020
2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented. To provide guidance on this issue, from 1998 through 2016, BOEM (and its predecessor) issued four NTLs, with each subsequent NTL replacing the prior NTL. 2016-N01, previously mentioned, which was never fully implemented.
Rextag
NOVEMBER 11, 2024
Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., 2016 McClendons Indictment and Death McClendon faced a federal indictment for alleged oil and gas lease bidding conspiracy. From Bankruptcy to #1! it was Chesapeake Energy. With its recent $7.4
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