The Energy Law

MARCH 7, 2023

21-0146, 2023 WL 2053175 (Tex. 17, 2023), in which it re-affirmed the axiomatic principle that a text retains the same meaning in the present day as when it was drafted. In the 1920s—the time the deed at issue was executed—lessors commonly reserved a one-eighth royalty interest when they executed oil and gas leases.

Royalty 98

Royalty Oil Gas Royalty Interest 98

Oil Gas Leads

MARCH 13, 2025

According to the latest State of Energy Report from the Texas Independent Producers & Royalty Owners Association (TIPRO) , oil and gas workers earned an average annual salary of $227,000 in 2024 an increase of $4,389 from 2023. Why Are Oil & Gas Wages So High?

Oil 52

Oil Gas Engineering Engineer 52

Valor

FEBRUARY 24, 2025

billion in 2023, prompting cost-cutting measures, a 5% staff reduction, and slashed executive bonuses. Total petroleum inventories increased by 0.2 Under pressure from activist investor Elliott Management, which holds a 5% stake, BP is shifting focus back to fossil fuels, selling 10 U.S. The companys profits fell to $8.2

Barrel 52

Barrel Energy Energy Oil 52

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. That was formed in 1977 under the name National Nigeria Petroleum Company. The rate of royalty will rise in tune with oil prices. How did this happen?

Oil 52

Oil Royalty Exploration and Production Government 52