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New Business Courts: Strategic Considerations for Oil and Gas Counsel

Producer's Edge

Introduction On September 1, 2024, Texas unveiled a significant change to its legal landscape: the opening of the new Texas Business Courts, which, for now, is comprised of five separate divisions. For in-house counsel in the oil and gas industry, this development warrants close attention and careful consideration.

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Hahn v. ConocoPhillips: When is a Stipulation Enforceable?

Oil and Gas Lawyer

On the last day of 2024 the Texas Supreme Court issued its opinion in ConocoPhillips v. 23-0024, putting to rest a long-running dispute between Kenneth Hahn and ConocoPhillips (COP). The opinion deals with a fixed vs. floating NPRI reservation, and a stipulation of interest addressing the reservation.

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URTeC 2024 Recap: Insights and Highlights from the Novi Team

Novi

This years Unconventional Resources Technology Conference (URTeC) was a whirlwind for the Novi team, filled with insightful talks, technical discussions, and exciting new developments in the oil and gas industry. Daily oil production from horizontal wells, segmented by year of first production.

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Announcing ProducersEdge.law – Our New Home for Oil & Gas Law Content

Producer's Edge

We're excited to announce the launch of ProducersEdge.law , our new consolidated digital platform that brings together the best of McGinnis Lochridge's oil and gas law publications. 2: Producers Edge - Fall 2024 Who Owns the Void? To mark this launch, we're pleased to share our latest content: Vol.

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Texas Supreme Court: Simple Interest Applies to Late Royalty Payments

Texas Oil & Gas Attorney

In a recent case, the Texas Supreme Court considered whether interest on late royalty payments was supposed to be simple or compound interest. 3d 501, 2024 (Tex. The post Texas Supreme Court: Simple Interest Applies to Late Royalty Payments appeared first on Texas Oil and Gas Attorney Blog. In Samson Exploration, LLC v.

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A Maryland Court Ruling Endangers Gulf Oil Production – Here’s What You Need to Know

Energy Central

In August 2024, a U.S. district court ruled in favor of environmental groups in a pivotal court case for energy production in the Gulf of Mexico. The ruling in this court case has been met with vehement.

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Who Owns the Rights to Salt Caverns?

Texas Oil & Gas Attorney

In 2022, in a case decided by the Corpus Christi Court of Appeals , the issue was who owns the right to use underground salt caverns: the mineral owner or the surface owner? In this case, Myers-Woodward, LLC v. 30, 2024), the Court also considered how a salt royalty should be calculated. granted (Aug. granted (Aug. 2d 686 (Tex.

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