Energy Central

FEBRUARY 19, 2024

By EDF Blogs By Aaron Wolfe, Ari Pottens , and  Scott Seymour EDF economic analysis found that in 2022 oil and gas operators across Alberta wasted $671 million in natural gas, costing the provincial government over $120 million in lost royalties and uncollected corporate taxes.

Royalty 95

Royalty Gas Natural Gas Government 95

The Energy Law

APRIL 4, 2023

While 30:10 was amended during the 2022 legislative session, the amendment preserved the limited obligation of remitting the royalty and overriding royalty burdens to the nonparticipating owner for the benefit of the royalty and overriding royalty owners.

Royalty 98

Royalty Operator Royalty Interest E&A 98

Vorys Energy

FEBRUARY 4, 2022

On February 1, 2022, the United States Court of Appeals for the Sixth Circuit affirmed the lower court’s decision in Zehentbauer Family Land, LP, et al. The Court held that the lessees’ payment of royalties based on amounts they received from sales to their affiliates at the well was proper and followed the language of the lease.

Royalty 40

Royalty E&P Downstream E&A 40

Vorys Energy

OCTOBER 31, 2022

Ohio’s Seventh District Court of Appeals recently held that an “anti-washout” provision found in multiple assignments of overriding royalty interests covering leases that subsequently expired was not binding on the original lessee’s assignees, which had taken new leases to those same lands, as there was no privity of contract.

Royalty Interest 40

Royalty Interest Royalty Casing Oil 40

The Energy Law

MARCH 28, 2022

It is currently anticipated that primacy for Louisiana will be granted in late 2022 or early 2023. Article original published in the Society of Applied Geoscientists and Engineers Magazine, the SAGE MAGE, March 2022, vol. In the meantime, the Environmental Protection Agency remains the primary enforcement authority for Class VI wells.

Underground Injection Control 98

Underground Injection Control Operator Exploration and Production Oil 98

Reporting Oil and Gas

NOVEMBER 26, 2023

In response to the depreciation of the Ghana Cedi in the last quarter of 2022, the government introduced the Gold for Oil Programme, utilizing gold produced within the country to purchase oil and alleviate pressure on the local currency. Additionally, petrol prices decreased from GHS23 per litre to GHS12 per litre.

Crude Oil 52

Crude Oil Oil Government Exploration and Production 52

The Energy Law

MARCH 31, 2022

Today, on March 31, 2022, the Western District of Louisiana reversed that ruling and applied the same rationale to a pending motion for partial dismissal in one of the putative class actions, Self v.

Operator 98

Operator Management E&A Gas 98