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Harmonizing Assignments and Exhibits

Producer's Edge

Can limitations in the exhibit, such as depth references, supersede the operative granting language in the body of an agreement? What happens when language in the body of an assignment of oil and gas interests conflicts with descriptions in the exhibits? Citation 2002 Inv.

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Making the Invisible Visible – Delivering Clarity

Drillers

Cost Saving through Operational Optimisation Without exception, every Operator has the potential to reduce their operational costs significantly. The learnings below come from subsurface operations related to drilling wells, but these practices can be applied to just about every business.

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Key Issues in OTC Derivatives Contracts as COVID-19 Disrupts Global Financial Markets

The Energy Law

Companies are grappling with a multitude of issues — from the health and safety of employees to increased cyber security risks to financial and operational stability. In a cross default situation, lenders and creditors under those other instruments would be entitled to seek immediate repayment of all indebtedness amounts.

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The Continued Struggle to Rebut the Van Dyke Presumption

Producer's Edge

Navigator Group that courts interpreting “antiquated instruments” that use 1/8 within a double fraction must begin with the rebuttable presumption that 1/8 refers to the entire mineral estate, Texas courts have wrestled with its implications. Following the Texas Supreme Court’s ruling in Van Dyke v. ” Id.

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EPA and BSEE Team Up to Resolve Offshore Environmental Violations

The Energy Law

Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments. ATP is the ATP Innovator’s operator and ATP-IP is the platform’s owner. See 40 C.F.R.

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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

In Petro-Chem Operating Co., 1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. By definition, a clerical error is an error in writing or copying a document. Flat River Farms, L.L.C. , Flat River Farms, L.L.C. ,

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Maritime Industry COVID 19 Update

The Energy Law

How Should I Change My Operations during the Pandemic? What Changes Should I Make to Employee Operations? The EEOC also updated its standing document, Pandemic Preparedness in the Workplace and the Americans with Disabilities Act to reflect this new guidance. How Should I Change My Operations at Port? Yes, the U.S.