Remove Abandonment Remove Oil Remove Royalty
article thumbnail

Texas Supreme Court Again Addresses Royalty Class Actions

The Energy Law

15, 2008), the Texas Supreme Court again addressed the propriety of class actions for gas royalty claims. The class affirmed the denial of two subclasses, but reversed the denial of a third subclass of royalty claimaints. Phillips Petroleum Co. , 03-0824 (Feb.

Royalty 40
article thumbnail

Valor | Energy Connection – Feb. 24, 2025

Valor

February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Oildips on pending Kurdistan supply resumption Summary : Oil prices declined on Monday, extending last weeks losses, as markets anticipated the resumption of crude exports from Iraqs Kurdistan region.

Barrel 52
article thumbnail

Texas Supreme Court to Hear Miesch Case

The Energy Law

The Court will also hear arguments on the applicability of the discovery rule and fraudulent concealment to claims by oil and gas lessors. The Court will also hear arguments on the applicability of the discovery rule and fraudulent concealment to claims by oil and gas lessors. Emerald Oil & Gas v. Exxon Corp., 27, 2005, pet.

Casing 40