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Top 5 Blog Posts from 2019

Coolfire Core

Before we turn the page on the year, lets take a look back at our top 5 blog posts from 2019. In the e-commerce era, consumers will simply move on to a competitor (often ordering the same product with same-day shipping from Amazon) leaving the retailer with a lost sale opportunity. Read Full Text 4. Read Full Text 5.

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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. The leases contained the following royalty provisions: 3.

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OSHA Awards Damages for Retaliatory Discharge of Jones Act Seaman in Violation of Seaman’s Protection Act

The Energy Law

255 suffered an explosion and fire while transporting roughly 2,000 barrels of oil off Port Aransas, Texas. In a stark reminder of the sanctity of Coast Guard investigations, and the consequences of impeding such investigations, the U.S. On October 20, 2017, Bouchard Transportation’s ATB BUSTER BOUCHARD/B. 2114) (the “SPA”).

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New Judge, Same Result – $81 Million CWA Civil Penalty Appealed

The Energy Law

As a result, Judge Haik imposed a civil penalty of $1,500 per barrel spilled – for a total of $81 million – and significantly increased the penalty of $111 per barrel in his original judgment. The EPA sought a penalty of $4,300 per barrel. allowing an $81 million judgment against the oil company to stand. Charles refinery.

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U.S. House of Representatives Passes Energy Bill

The Energy Law

Subtitle E amends the FOGRMA of 1982 to repeal royalty overpayment interest for lessees by the federal government and mandates that when royalty adjustments are made resulting in an underpayment by lessee the royalty obligation clock starts when the date the adjustment is taken.

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

As part of his plan to transition from fossil fuels to renewable sources of energy, Biden intends to offer research investments and tax incentives to accelerate the development of carbon capture and sequestration technologies (“CCS”), a process discussed in a recent blog post. million barrels of oil and gas per day. s energy sector.

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

As part of his plan to transition from fossil fuels to renewable sources of energy, Biden intends to offer research investments and tax incentives to accelerate the development of carbon capture and sequestration technologies (“CCS”), a process discussed in a recent blog post. million barrels of oil and gas per day. s energy sector.

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