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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

Royalty 98
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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. Stay tuned for weekly updates to keep you well-informed. per barrel, while WTI dropped 28 cents to $70.12 per barrel, following a $2 decline on Friday. million barrels Summary : U.S.

Barrel 52
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

A joint information circular, which will include details of the transaction, is expected to be mailed to Whitecap and Veren shareholders in mid-April 2025. Refer to Barrel of Oil Equivalency and Production & Product Type Information in this press release for additional disclosure. Advisors National Bank Financial Inc.

Energy 130
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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law

million barrels of oil and gas per day. To receive information from Liskow & Lewis, your information will be kept in a secured contact database. Given the current state of the U.S. Communications include firm news, insights, and events.

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. To receive information from Liskow & Lewis, your information will be kept in a secured contact database. Given the current state of the U.S. Communications include firm news, insights, and events.

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. To receive information from Liskow & Lewis, your information will be kept in a secured contact database. Given the current state of the U.S. Communications include firm news, insights, and events.

Oil 40