Remove Article Remove E&P Remove Royalty
article thumbnail

Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] 1] The dispute in Gloria’s Ranch, L.L.C. 035 cents per mcf.

Royalty 40
article thumbnail

Who Owns the Void? Oral Arguments at SCOTX Regarding Underground Storage Rights

Producer's Edge

This article summarizes the arguments made by the parties, and the Justices' questions and observations at the oral argument. This case presents two critical questions: Who owns subsurface caverns created by salt mining operations, and How should in-kind royalties be calculated for salt production? 3d 39 , 47 (Tex.

Royalty 52
Insiders

Sign Up for our Newsletter

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

article thumbnail

Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law

El Paso E & P Co. , El Paso E & P Co. , for a one-fourth (1/4) mineral royalty and as much as ten thousand ($10,000) dollars per acre bonus royalty.” For example, in Alyce Gaines Johnson Special Trust v. Alyce Gaines Johnson Special Trust v. 2d 640, 641-43 (W.D.

Gas 52
article thumbnail

Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Energy Law

UNOCAL also reserved a 3% overriding royalty. 2003) (“the regulations govern the parties’ joint and several liabilities vis-à-vis the Government not amongst themselves”) and Total E&P USA, Inc. UNOCAL assigned operating rights in the leases to ATP, who later assigned 20% of those rights to Sojitz. Parker Drilling Co. ,

Royalty 52
article thumbnail

Lithium Extraction May Soon Turn Produced Water Into Produced Profits

The Energy Law

Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. 45X(c)(6)(P). [3] 30D(e)(1). [4] Communications include firm news, insights, and events. 1] 26 U.S.C. § 45X(b)(1)(M). [2] 2] 26 U.S.C. §

E&P 105