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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

2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. The leases contained the following royalty provisions: 3. Sheppard , — S.W.3d NationsBank”, 939 S.W.2d

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

Oil & Gas 360º

and Veren’s website at www.vrn.com by selecting “Investors” , then “Presentations & Events”. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure.

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

million barrels of oil and gas per day. Communications include firm news, insights, and events. Given the current state of the U.S. 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.

Oil 40
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

million barrels of oil and gas per day. Communications include firm news, insights, and events. Given the current state of the U.S. 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.

Oil 40
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

million barrels of oil and gas per day. Communications include firm news, insights, and events. Given the current state of the U.S. 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.

Oil 40