2016 Gas Royalty 
Oil and Gas Lawyer
NOVEMBER 7, 2024
04-23-00106-CV, the San Antonio Court of Appeals was asked to construe a royalty reservation in a 1960 deed: There is saved, excepted and reserved, in favor of the undersigned, B.A. Said interest hereby reserved is Non-Participating Royalty. Hyder , 483 S.W.3d 3d 870 (Tex. Nationsbank , 939 S.w.2d 2d 118 (Tex. Continue reading →
The Energy Law
MARCH 7, 2023
In the context of antiquated oil and gas conveyances including a double fraction that includes “one-eighth,” the Court affirmed this principle by holding that such language gives rise to a rebuttable presumption that “one-eighth” refers to the entire mineral estate. Dils Co. , 2d 904 (Tex.
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The Energy Law
SEPTEMBER 21, 2016
On September 2, 2016, the Texas Supreme Court agreed to review three oil and gas cases involving issues pertinent to the industry and land and mineral owners. Red Deer has been set for oral argument on November 10, 2016. Laddex has been set for oral argument on October 11, 2016. BP America Production Company v.
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. Oil & Gas Co. 2d at 120-21.
The Energy Law
JUNE 21, 2016
On June 17, 2016, the Texas Supreme Court ruled that an oil and gas producer (“Southwest”) was not entitled to a statutory exemption from sales taxes on its purchases of casing, tubing and pumps used in the production of oil and gas (the “Equipment”). At issue in Southwest Royalties, Inc.
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. billion barrels of proven oil reserves as well as 5.675 trillion cubic metres of natural gas, which explains why the supermajors are not too tired of their problems in Nigeria.
Oil and Gas Investments
NOVEMBER 27, 2024
The preliminary environmental license was awarded in 2016, but then left in limbo for the following 6 years while objections went through the courts to decide if all aspects of the license had been done in compliance. Part of the funding for Autazes will come from a royalty agreement with Franco Nevada.
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