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SEC’s Proposed Rules on Climate-Related Disclosures

The Energy Law

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]

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Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

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.

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Trudging the Rocky Landscape of Royalty Dispute Litigation with the Texas Supreme Court Yet Again in BlueStone

The Energy Law

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. Burlington , 573 S.W.3d BlueStone Nat.

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Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s

The Energy Law

Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex. BlueStone Nat.

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Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions

The Energy Law

Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex. BlueStone Nat.

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Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions

The Energy Law

Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex. BlueStone Nat.

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Louisiana’s Sabine River Authority Not Entitled To Sovereign Immunity

The Energy Law

Plaintiffs alleged that despite advance knowledge of the likelihood for significant downstream flooding, SRA-L decided to open spillway gates freeing water from the reservoir into the Sabine River to alleviate elevated reservoir volumes from a cataclysmic rain storm in March of 2016. The last two factors hold the least weight.

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