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One Man’s Waste is Another Man’s Treasure: Texas Appellate Court Holds that Produced Water Belongs to Mineral Owners

The Energy Law

To extract minerals from those formations, operators utilize fracing, which involves pumping certain fluid into a well at a high pressure so that fractures are created in the formations, thereby releasing the minerals that were trapped therein. This statute, however, only applies to instruments executed after September 1, 2019.

Oil 98
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Louisiana Second Circuit Addresses: (1) Creation of Mineral Servitudes Via Notarial Acts of Correction; (2) Obstacles Suspending the Prescription of Nonuse from Running Against Mineral Servitudes; and (3) Payment of Court Costs in Concursus Actions

The Energy Law

By definition, a clerical error is an error in writing or copying a document. Nonetheless, it does serve as a reminder that when a party recognizes an omission or mistake in an instrument affecting mineral rights, a party should not immediately opt for an easy fix via a notarial act of correction. However, art.

Spud-in 40
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.

Energy 130