Downstream E&A Transportation 
Aresco
OCTOBER 25, 2023
Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. What is oil and gas upstream midstream downstream? Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas.
Nestoil
SEPTEMBER 4, 2024
For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.
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The Energy Law
MAY 9, 2022
The challenges exist with respect to the disclosure of Scope 3 emissions, which are defined as all indirect GHG emissions not otherwise included in a registrant’s Scope 2 emissions that occur in the upstream and downstream activities of a registrant’s value chain. [4] 2] SEC Press Release, Statement from SEC Chair Gary Gensler, [link]. [3]
The Energy Law
MARCH 15, 2023
In fact, if the lessees’ gross proceeds were reduced when purchased by third-party processors at the tailgate of a processing plant to account for the cost of transportation and processing said production, the lessees would add those deducted costs to the stated sales price before computing the lessor’s royalties.
The Energy Law
JUNE 8, 2020
Ordinarily, royalties are free of production expenses for bringing the minerals to the surface but “usually subject to post-production costs, including taxes, treatment costs to render it marketable, and transportation costs.” Heritage Res., NationsBank , 939 S.W.2d 2d 118, 120-21 (Tex. Chesapeake Expl., Hyder , 483 S.W.3d 3d 870, 876 (Tex.
The Energy Law
MARCH 31, 2021
While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. If not superseded, BlueStone would be permitted to deduct post-production costs. 3d 198, 211 (Tex.
The Energy Law
MARCH 31, 2021
While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. If not superseded, BlueStone would be permitted to deduct post-production costs. 3d 198, 211 (Tex.
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