Producer's Edge
JANUARY 6, 2025
2022), the Texas Supreme Court held that PGP is an “oil product” qualifying for statutory condemnation authority under section 2.105 of the Business Organizations Code because it is derived from crude oil. The court also cited to several definitions under Tex. HSC Pipeline P’ship, LLC, 650 S.W.3d
The Energy Law
JUNE 27, 2008
The defendants’ countered, arguing that fatal to the class definition was any geographic boundaries, making the class not ascertainable. At the outset, the court reaffirmed its earlier ruling that the plaintiffs failed to state a claim for alleged damages to non-proprietary State-owned natural resources, including marine estuaries.
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Producer's Edge
JANUARY 20, 2025
Pioneer produces natural gas in the Permian Basin as a byproduct of its crude oil extraction operations and sends it to Targa Pipeline Mid-Continent WestTex ("Targa") for processing.
Oil & Gas 360º
MARCH 10, 2025
The combined company will be the largest Alberta Montney and Duvernay landholder, a prominent light oil producer in Saskatchewan and will leverage the combined asset base and technical expertise to drive improved profitability and superior returns to shareholders. Crude oil therefore refers to light oil, medium oil, tight oil and condensate.
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