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Texas Supreme Court Holds that References to “One-Eighth” in Old Oil and Gas Conveyances Presumptively Refer to the Entire Mineral Estate

The Energy Law

In the context of antiquated oil and gas conveyances including a double fraction that includes “one-eighth,” the Court affirmed this principle by holding that such language gives rise to a rebuttable presumption that “one-eighth” refers to the entire mineral estate. Texas courts refer to this phenomenon as the “estate-misconception” theory.

Royalty 98
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One Man’s Waste is Another Man’s Treasure: Texas Appellate Court Holds that Produced Water Belongs to Mineral Owners

The Energy Law

In response, the Texas Legislature passed Texas Natural Resources Code § 122.002 on September 1, 2019, which grants title to produced water to whoever takes possession of it for the purpose of treating it for subsequent beneficial use, unless a conveyance instrument expressly provides otherwise.

Oil 98
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Energy Transfer’s Executive Chairman Kelcy Warren

Energy Transfer

Recent awards include Hart Energy , Texas Oil & Gas Associations (TXOGA) , SMU Cox’s Maguire Energy Institute , and D CEO Magazine. His $10 million donation in 2012 was instrumental in the creation of Klyde Warren Park , a beloved 5.2-acre acre green space that reconnects the citys uptown and downtown areas.

Energy 52
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Department of Interior Takes Steps to Update Offshore Wind Regulatory Scheme

The Energy Law

This reassignment aligns the wind regulatory process more closely with the oil and gas framework in terms of the division of responsibility between the two sub-agencies. BSEE would also review safety management systems and oil spill response plans.

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Louisiana First Circuit Applies Subsequent Purchaser Doctrine to Property Transfer Involving Closely Held LLC

The Energy Law

Over seven years later, New 90 and another plaintiff-landowner sued various oil and gas companies for contamination to the property based on historical exploration and production activities dating back to the 1940s.

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Emerging on the Other Side of the Coronavirus Pandemic: Raising Structured Capital for Small and Mid-Size Businesses

The Energy Law

This article briefly describes four structured capital raising techniques that may be available to meet those needs: (1) convertible debt instruments; (2) convertible or non-convertible preferred equity instruments; (3) preferred limited partnership interests; and (4) debt instruments issued with “equity kickers”.

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Louisiana and Texas COVID-19 Stay-at-Home Orders and Effects on State Courts

The Energy Law

The Order specifically excludes businesses identified as critical to infrastructure, including oil and refining, and manufacturers, distributors, and supply chain companies producing and supplying products and services for industries such as energy, petroleum, and fuel. The orders also require all non-essential businesses to cease.