The Energy Law

JUNE 8, 2020

Ordinarily, royalties are free of production expenses for bringing the minerals to the surface but “usually subject to post-production costs, including taxes, treatment costs to render it marketable, and transportation costs.” 19-0459, which the Texas Supreme Court agreed to review on May 29, 2020. Heritage Res., NationsBank , 939 S.W.2d

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Royalty Exploration and Production Oil IT 52

The Energy Law

JULY 1, 2021

See 13-19-00036-CV, 2020 WL 6164467, at *12 (Tex. 22, 2020, pet. The lessees were selling oil and gas produced from the leases under contracts with third-party buyers that contained deductions in the sales price attributable to post-transfer costs incurred by the buyers such as gathering, handling, transportation, and other costs.

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Royalty Casing Oil Gas 59

Drillers

MARCH 24, 2020

While in the past it used to transport the most oil to the United States, now Nigerian oil goes mostly to Asia, Europe, and South America. 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.

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Oil Royalty Exploration and Production Government 52