Definition Oil Royalty 
Producer's Edge
NOVEMBER 1, 2024
This case presents two critical questions: Who owns subsurface caverns created by salt mining operations, and How should in-kind royalties be calculated for salt production? As I recently summarized in my annual oil and gas law review (Austin W. Brister & Logan Jones, Oil, Gas & Mineral Law, 9 SMU ANN. West , 508 S.W.2d
The Energy Law
JUNE 21, 2016
On June 17, 2016, the Texas Supreme Court ruled that an oil and gas producer (“Southwest”) was not entitled to a statutory exemption from sales taxes on its purchases of casing, tubing and pumps used in the production of oil and gas (the “Equipment”). At issue in Southwest Royalties, Inc.
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The Energy Law
APRIL 3, 2023
This definition further includes any lease pursuant to which the primary activity of the lessee is the production of wind, solar, hydroelectric, or geothermal energy. However, the articles of the Mineral Code from which SB 154 appears to be derived have created some of the most frequently litigated oil & gas issues in Louisiana.
The Energy Law
JANUARY 4, 2007
The Court will also hear arguments on the applicability of the discovery rule and fraudulent concealment to claims by oil and gas lessors. Liskow & Lewis attorney Butch Marseglia submitted an amicus curiae brief on behalf of The Texas Oil & Gas Association. Emerald Oil & Gas v. Emerald Oil & Gas Company, L.P.,
The Energy Law
MARCH 30, 2017
By definition, a clerical error is an error in writing or copying a document. 14] The Second Circuit’s decision in regard to this issue does not represent a departure from the viewpoint that most in the oil and gas industry have towards notarial acts of correction. However, art.
Oil & Gas 360º
MARCH 10, 2025
(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.
Oil and Gas Investments
NOVEMBER 27, 2024
Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. Part of the funding for Autazes will come from a royalty agreement with Franco Nevada. That is $1M for the option – the purchase price of the royalty will be based on a 12.5%
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