The Energy Law

JUNE 12, 2017

4] In 2007, Fossil Operating, Inc. Fossil”), with whom Tauren contracted to conduct operations on the property, drilled and completed wells on the leased property in Sections 9, 10, and 16. [5] 5] Chesapeake Operating, Inc. (“Tauren”) and contained a three year primary term as well as a horizontal and vertical Pugh clause. [3]

Royalty 40

Royalty E&P Exploration and Production Operator 40

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? Anadarko E&P Onshore, LLC , 520 S.W.3d ” The Fifth Circuit, applying Texas law in  Dunn-McCampbell Royalty Interest, Inc.

Royalty 52

Royalty Royalty Interest Casing Oil 52

The Energy Law

MARCH 11, 2020

Last year, in another dispute over who should bear the cost of decommissioning offshore facilities, the Southern District of Texas held that a former sub-assignee of offshore operating rights was entitled to equitable subrogation from the record title owner and initial assignor. UNOCAL also reserved a 3% overriding royalty.

Royalty 52

Royalty E&P Offshore E&A 52

The Energy Law

MARCH 10, 2023

4] As it becomes faster and more efficient to extract lithium from lower-concentration oilfield brines, oil and gas operators will find themselves increasingly capable of entering the booming lithium marketplace in the next few years. 45X(c)(6)(P). [3] 30D(e)(1). [4] Communications include firm news, insights, and events.

E&P 105

E&P E&A Oil Gas 105

Oil & Gas 360º

MARCH 10, 2025

Visible Long-Term Synergies: Visible operating, capital and corporate synergies which, in addition to supply chain efficiencies, can generate meaningful savings. Anticipated annual synergies of over $200 million can be achieved independent of commodity prices and will begin to be captured upon closing of the transaction.

Energy 130

Energy Energy Exploration and Production Crude Oil 130