2018 Offshore Royalty 
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. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s. How did this happen?
The Energy Law
MARCH 11, 2020
Last year, in another dispute over who should bear the cost of decommissioning offshore facilities, the Southern District of Texas held that a former sub-assignee of offshore operating rights was entitled to equitable subrogation from the record title owner and initial assignor. UNOCAL also reserved a 3% overriding royalty.
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