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

Vorys Energy

TotalEnergies E&P USA, Inc, et al. The Court held that the lessees’ payment of royalties based on amounts they received from sales to their affiliates at the well was proper and followed the language of the lease.

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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 Blog

10] Gloria’s Ranch amended its petition to include a claim for failure to pay royalties on production in Section 15 (from the unit well drilled by Chesapeake). 11] The trial court also found that defendants failed to pay royalties in Section 15 and awarded Gloria’s Ranch the royalties owed plus punitive damages. [12]

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

Producer's Edge

The Texas Supreme Court heard oral arguments last week in a case that could substantially clarify, or even fundamentally reshape, the characterization and ownership of underground storage rights in Texas. The case was Myers-Woodward v. The case remains pending before the Texas Supreme Court on petition for review.

Royalty 52
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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law Blog

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.” In that case, the plaintiff-lessors argued, the lease should be rescinded based on their error. Alyce Gaines Johnson Special Trust v.

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

Oil & Gas 360Âş

“Free funds flow” is a non-GAAP financial measurecalculated as funds flow less expenditures on property, plant and equipment (“PP&E”). on other countries and responses thereto could have a material adverse effect on the Canadian, U.S. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent.

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