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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. In 2019, the Court heard Burlington Res.
While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. after deductions), resulting in lower royalty payments for the royalty owners.
While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. after deductions), resulting in lower royalty payments for the royalty owners.
Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions The Texas Supreme Court recently issued its anticipated decision in BlueStone Natural Resources II, LLC v. For almost a decade, the original lessee to the agreements never subtracted post-production costs from the royalty owners’ royalty payments.
Geithner explained, “we don’t believe it makes sense to significantly subsidize the production and use of sources of energy that are dramatically going to add to our climate change. energy policy will focus on promoting renewable energy sources and rely less on traditional fossil fuels. billion from 2011 to 2019.
Although the recent Haynesville production increases are a positive sign for the Louisiana energy industry, the August 2018 daily production average is still below the previous Haynesville peak production average, which was 7.403 billion cubic feet per day in January 2012. For example, in Alyce Gaines Johnson Special Trust v.
For nearly three years, unit operators in Louisiana have waited to see whether the Western District of Louisiana would change course or double down on its March 2019 decision in Johnson v. Chesapeake.
Sojitz Energy Venture, Inc. UNOCAL also reserved a 3% overriding royalty. Union Oil Co. of California , 394 F. 3d 687 (S.D. The only lessee of the Outer Continental Shelf leases at issue in Sojitz was UNOCAL. UNOCAL assigned operating rights in the leases to ATP, who later assigned 20% of those rights to Sojitz.
Jinapor highlighted the mining lease for lithium exploitation, emphasizing its global standard with provisions for value addition, increased royalties, and local participation. The government’s investment in exploring green minerals like graphite, manganese, and bauxite was also emphasized to support the green energy transition.
On March 21, 2019, the U.S. 30:10] simply means that, for all of this, he is given the equivalent of a “no cost” royalty clause on production proceeds. 1] See 2019 WL 1301985 (W.D. Chesapeake Louisiana, LP. [1] 2] The UMOs argued that La. A strict construction of [La. This is hardly unjust. [19] Chesapeake Operating, Inc.
Alaska 2019) where the court found that OCSLA did not give the President specific authority to revoke a prior President’s withdrawal of OCS lands from disposition. The Court discussed League of Conservation Voters v. Trump , 363 F. 3d 1013 (D. at 38-40. (2) 2) Substantial Threat of Irreparable Harm.
Alaska 2019) where the court found that OCSLA did not give the President specific authority to revoke a prior President’s withdrawal of OCS lands from disposition. The Court discussed League of Conservation Voters v. Trump , 363 F. 3d 1013 (D. at 38-40. (2) 2) Substantial Threat of Irreparable Harm.
Alaska 2019) where the court found that OCSLA did not give the President specific authority to revoke a prior President’s withdrawal of OCS lands from disposition. The Court discussed League of Conservation Voters v. Trump , 363 F. 3d 1013 (D. at 38-40. (2) 2) Substantial Threat of Irreparable Harm.
economy, its energy independence, and its diplomatic relations. energy independence and dominance. His America First Energy Plan is aimed, in part, at increasing fossil fuel production in the U.S. became “energy independent” and a net exporter of petroleum products in 2019. s energy sector.
economy, its energy independence, and its diplomatic relations. energy independence and dominance. His America First Energy Plan is aimed, in part, at increasing fossil fuel production in the U.S. became “energy independent” and a net exporter of petroleum products in 2019. s energy sector.
economy, its energy independence, and its diplomatic relations. energy independence and dominance. His America First Energy Plan is aimed, in part, at increasing fossil fuel production in the U.S. became “energy independent” and a net exporter of petroleum products in 2019. s energy sector.
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