Remove 2017 Remove Education Remove Operator
article thumbnail

Force Majeure Clause Fails to Protect Oil and Gas Lessee From Mistakenly-Scheduled Deadline

The Energy Law

2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. The actual deadline, however, was May 21, 2017. MRC Permian Company , — S.W.3d 21-0461, 2023 WL 3028100 (Tex.

Spud-in 98
article thumbnail

United States Fifth Circuit Weighs in on La. R.S. 30:103.1 and 103.2 Notice Requirements

The Energy Law

Aethon Energy Operating, L.L.C. , 11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. 30:9(B) in which Aethon Energy Operating, L.L.C. Aethon”) was the designated operator. Kelly Land Company, L.L.C. 4th 369 (5th Cir. Kelly Land Co.,

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Key Resource For Structuring Oil & Gas Joint Operations

The Energy Law

Part 1 of the article appears in the 2017 Spring, volume 36, no. 1 edition, while part 2 will follow in the 2017 Summer edition. Click here to view the article as prepared for the RMMLF Institute.

article thumbnail

Plaintiffs and Defendants Jointly Choose First Cases for Trial in Plaquemines Parish Coastal Zone Management Act Litigation

The Energy Law

Rozel Operating Company, et al. The first five Plaquemines Parish Coastal Zone Management Act (“CZMA”) cases to be set for trial have been chosen. The Plaintiffs selected Parish of Plaquemines v. Parish of Plaquemines v. ConocoPhillips Company, et al. , and Parish of Plaquemines v. Hilcorp Energy Company, et al.

Casing 52
article thumbnail

Plaquemines Parish Amends Petition for Damages In Coastal Zone Management Act Litigation

The Energy Law

The Parish of Plaquemines amended its petitions in two of the Coastal Zone Management Act (“CZMA”) cases on June 19, 2017. Rozel Operating Co., In response to the Court’s Judgments, Plaquemines Parish filed amended petitions for damages on June 19, 2017 in both Rozel and Equitable. and The Parish of Plaquemines v.

article thumbnail

New IRS Guidance on Obtaining Refunds for Net Operating Loss Carrybacks, Corporate AMT Carryforward Credits and Filing Amended Returns for Partnerships

The Energy Law

116-136, enacted modifications to the rules for the use of net operating losses (“ NOLs ”) and corporate alternative minimum tax carryforward credits (“ AMT Carryforward Credits ”) for tax years beginning after December 31, 2017 and before January 1, 2021. Bradford and J.

article thumbnail

Fifth Circuit Addresses A Complicated Cargo Dispute, Resulting In A Victory For Vessel-Operating Common Carriers

The Energy Law

IMC) as the “vessel-operating common carrier.” Vessel-operating common carrier’s duty to indemnify non-vessel operating common carrier On the issue of IMC’s duty to indemnify Freightplus for damages arising out of its negligence, the court began by noting that maritime tort indemnification is available in a very limited set of circumstances.