The Energy Law

MARCH 7, 2023

In the 1920s—the time the deed at issue was executed—lessors commonly reserved a one-eighth royalty interest when they executed oil and gas leases. In support of that notion, the Court cited the 1957 Texas Supreme Court case Garrett v. Communications include firm news, insights, and events. Dils Co. , 2d 904 (Tex.

Royalty 98

Royalty Oil Gas Royalty Interest 98

The Energy Law

APRIL 4, 2023

The current proposed bill, however, would require operators to remit all royalty payments directly to the lessors on behalf of nonparticipating working interest owners prior to well payout, i.e., during the recoupment of costs, and the statutorily authorized risk charge. Communications include firm news, insights, and events.

Royalty 98

Royalty Operator Royalty Interest E&A 98

The Energy Law

JANUARY 25, 2008

In exchange, the defendant agreed to transfer an overriding royalty interest in the subject prospect to the plaintiff in the event defendant acquired an interest in the prospect. Next, the court noted the dearth of reported cases involving Mineral Code articles 212.21-23 at *8 (citing La. 31:212.21).

Royalty 40

Royalty Royalty Interest Casing IT 40

The Energy Law

MARCH 15, 2023

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. NationsBank”, 939 S.W.2d

Royalty 98

Royalty Oil Gas Downstream 98

The Energy Law

APRIL 19, 2021

The Eagle II case is the second case that arose between TRO-X, L.P. (“TRO-X”) Factual and Procedural Background TRO-X and Eagle entered into an agreement to buy and sell certain leases, sharing the cash and mineral interest proceeds derived from such sales (the “Agreement”). TRO-X, L.P. , 18-0983, 2021 WL 1045723, at *1 (Tex.

Royalty 52

Royalty Exploration and Production IT Casing 52

The Energy Law

APRIL 19, 2021

The Eagle II case is the second case that arose between TRO-X, L.P. (“TRO-X”) TRO-X and Eagle entered into an agreement to buy and sell certain leases, sharing the cash and mineral interest proceeds derived from such sales (the “Agreement”). Communications include firm news, insights, and events. TRO-X, L.P. ,

Exploration and Production 40

Exploration and Production Royalty IT Oil 40

The Energy Law

APRIL 7, 2020

Investors are attracted to preferred equity because, in the event the SMB fails and is liquidated, those investors by agreement are repaid after payment of all secured and unsecured creditors and administrative expenses, but before any payments to holders of the common equity of the company.

Instrumentation 40

Instrumentation E&A Management IT 40