The Energy Law
JULY 1, 2021
See 13-19-00036-CV, 2020 WL 6164467, at *12 (Tex. 22, 2020, pet. Sheppard, et. concerning a novel royalty term that may have a huge impact on the way oil and gas royalties are paid in the future. Corpus Christi Oct.
The Energy Law
JUNE 8, 2020
19-0459, which the Texas Supreme Court agreed to review on May 29, 2020. They reasoned that the gross value received was at the point of sale, downstream of the well, once the production was transported and treated and its value increased, and therefore, the “gross value received” addendum superseded the “market value” language.
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Drillers
MARCH 24, 2020
As a result, the federal government, which drafted a record-breaking budget of $34 billion for 2020, has had to look for other ways to boost oil revenues. Despite this contribution, the second round of cuts has failed to push international oil prices much higher, betraying the expectations of most participants.
Oil & Gas 360º
MARCH 12, 2025
Trumps action to bulk up protections for American steel and aluminum producers restores effective global tariffs of 25% on all imports of the metals and extends the duties to hundreds of downstream products made from the metals, from nuts and bolts to bulldozer blades and soda cans. Canada ships about 4 million barrels of crude to the U.S.
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