Remove Article Remove Downstream Remove Operator
article thumbnail

SEC’s Proposed Rules on Climate-Related Disclosures

The Energy Law

Certain disclosures will be included in a company’s registration statements and periodic reports, including information as to actual and potential climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition. [3]

article thumbnail

Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

Specifically, the lessors discovered that the lessees sold oil under contracts that calculated the sales price by taking an index price at market centers downstream from the point of sale and subtracting eighteen dollars per barrel for the purchaser’s anticipated post-sales costs. This became a point of contention with the lessors.

Royalty 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Free Water Knockouts Work

OilPro

In this article, we will explore what free water knockouts are, how they work, and the different types and design considerations to keep in mind when implementing them. It is important to select the appropriate size and design of the vessel based on the requirements of the operation as well as appropriate integration with existing equipment.

article thumbnail

Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s

The Energy Law

produced from said land in all operations which Lessee may conduct hereunder [.]” The lease language providing for the free use of gas operations hereunder did not include gas used off-lease premises or for the benefit of third parties. Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex.

Royalty 52
article thumbnail

Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions

The Energy Law

produced from said land in all operations which Lessee may conduct hereunder [.]” The lease language providing for the free use of gas operations hereunder did not include gas used off-lease premises or for the benefit of third parties. Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex.

Royalty 52
article thumbnail

How Does Blockchain Integration Impact Renewable Energy Procurement?

Navigate Power

Article at a glance Blockchain helps buy and sell renewable energy directly between users. Blockchain operates as a digital, decentralized ledger that records transactions using multiple computers. Downstream: Companies companies, majors (large companies), and independents. It makes energy trading more transparent and secure.

Energy 52
article thumbnail

Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions

The Energy Law

produced from said land in all operations which Lessee may conduct hereunder [.]” The lease language providing for the free use of gas operations hereunder did not include gas used off-lease premises or for the benefit of third parties. Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex.

Royalty 40