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Who Owns the Rights to Salt Caverns?

Texas Oil & Gas Attorney

Underground Services Markham, LLC and United Brine Pipeline Co., 30, 2024), the Court also considered how a salt royalty should be calculated. Myers owns the surface and a 1/8 royalty in the minerals. In this case, Myers-Woodward, LLC v. 3d , 2022 WL 2163857 (Tex.Civ.App.Corpus ChristiEdinburgh 2022), pet. granted (Aug.

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Who Can Enforce Surface Provisions in an OGL?

Producer's Edge

07-23-00390-CV, 2024 WL 3249338 (Tex. —Amarillo June 28, 2024, pet. LLC sought to enforce a provision in a 1948 mineral lease requiring Unitex WI, LLC and Unitex Oil and Gas, LLC (Unitex) to bury pipelines on the ranch land surface CT Land acquired in 2013. Unitex WI, LLC v. CT Land & Cattle Co.,

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Valor | Energy Connection – Feb. 24, 2025

Valor

billion in 2024 from $13.4 million barrels per day (bpd) in 2024 to 13.6 It is part of a broader buildout, including two new pipelines and a 319-acre tank farm. 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 EIA forecasts U.S.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Hunting sees the Middle East as a key area of growth, given the tender activity across the region, according to its 2024 Results statement. Hunting will pay a 15% royalty to the sellers on revenue earned for a period of 15 years, post-completion.

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With A New Regulatory Framework On The Horizon, There Is Still Much Uncertainty Concerning The Future Of Offshore Carbon Storage

The Energy Law

Finally, the regulations will likely address other key issues including transportation pipelines, spacing between lease areas, environmental monitoring requirements, and use of legacy OCS infrastructure for CCS purposes. In addition to BOEM and BSEE, several other administrative agencies are conducting work related to offshore carbon capture.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

’s reserves evaluation effective December 31, 2024 for both Whitecap and Veren, respectively, which were each evaluated or audited in accordance with the COGE Handbook and account for drilling locations that have associated proved and/or probable reserves, as applicable.

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