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Fasken v. Puig – Another Post-Production Cost Case

Oil and Gas Lawyer

The trial court agreed with Puig, and the court of appeals affirmed, in a well-reasoned opinion relying on the Supreme Court’s opinion in Chesapeake Exploration v. Hyder , 483 S.W.3d 3d 870 (Tex. “Free and of all cost forever” means what it says and includes both production costs and post-production costs. Nationsbank , 939 S.w.2d

Casing 130
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New Developments in Shocking Case Before the Texas Supreme Court Regarding Construction of Novel Oil & Gas Royalty Term

The Energy Law

Now the case is before the Texas Supreme Court, with a recently submitted amicus brief containing the argument that could turn the tides back in the lessees’ favor. The lessors won in the trial court; the court of appeals affirmed. Factual Background and Issue. The court provided three reasons in support of its holding.

Royalty 59
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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

Anything to the contrary herein notwithstanding, it is expressly provided that the terms of this paragraph shall be controlling over the provisions of Paragraph 3 of this lease to the contrary and this paragraph shall not be treated as surplusage despite the holding in the cases styled “Heritage Resources, Inc. Sheppard , — S.W.3d

Royalty 98
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Sixth Circuit Court of Appeals Affirms District Court Decision on Royalty Calculations

Vorys Energy

Stated differently, though the Lessees are receiving an amount that is ‘net’ as to the downstream affiliate, it is not ‘net’ from the Lessees’ perspective, but simply the actual cost of the raw product produced by the Lessee production company without any deductions (production or post-production) by the Lessee for its production costs.”

Royalty 40
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Collaboration: Key to the first multicloud blockchain deployment

IBM: Oil & Gas

We create software solutions for participants in the oil and gas supply chain — the producers, suppliers and retailers who move bulk liquids like crude oil, natural gas liquids and derivatives like natural gas, propane, butane and more. Why I am talking about solutions built on AWS on an IBM Blockchain blog?

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Kuwaiti Producers Partner With OilPro & KamberFab to Build API Tanks

OilPro

In this case it was a little bit easier. Engineers need to calculate nozzle loads, wind loads, venting and keep up and downstream components in mind. Some things just don’t ship well across the ocean. The shipping costs tend to exceed fabrication costs. Our Kuwaiti client wanted us to build 32 Oz.

API 52
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Louisiana’s Sabine River Authority Not Entitled To Sovereign Immunity

The Energy Law

Plaintiffs alleged that despite advance knowledge of the likelihood for significant downstream flooding, SRA-L decided to open spillway gates freeing water from the reservoir into the Sabine River to alleviate elevated reservoir volumes from a cataclysmic rain storm in March of 2016.

Casing 52