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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 1920s—the time the deed at issue was executed—lessors commonly reserved a one-eighth royalty interest when they executed oil and gas leases. To receive information from Liskow & Lewis, your information will b Element Petroleum Props., 11-21-00103-CV (Tex. Eastland June 1, 2021).

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Louisiana Legislature to Consider Amendments to Forced Pooling Regime Requiring Operators to Pay Lessors of Nonparticipating Working Interest Owners Directly

The Energy Law

The current proposed bill, however, would require operators to remit all royalty payments directly to the lessors on behalf of nonparticipating working interest owners prior to well payout, i.e., during the recoupment of costs, and the statutorily authorized risk charge. Communications include firm news, insights, and events.

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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

To receive information from Liskow & Lewis, your information will be kept in a secured contact database. Costs incurred by subsequent purchasers, however, would not be included because they were not included in the lessees’ contract at the point of sale. Communications include firm news, insights, and events.

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Investing in Oil and Gas Royalties Explained

Aresco

Here’s how it generally works and some considerations to keep in mind: How Oil and Gas Royalties Work (Oil and Gas Royalties as Investments): Ownership Rights : When you own oil and gas royalties, you own a percentage interest in the revenue generated from the production of oil and gas on a specific property.

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Texas Supreme Court Update: TRO-X Lives to Fight Another Day in Contractual Dispute over Share of Income on Production from Equitable Interests

The Energy Law

Factual and Procedural Background TRO-X and Eagle entered into an agreement to buy and sell certain leases, sharing the cash and mineral interest proceeds derived from such sales (the “Agreement”). To receive information from Liskow & Lewis, your information will be kept in a secured contact database.

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Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

10] First, the mortgagee claimed that the trial court erred in its conclusion that the mortgagee was assigned a portion of the working interest in the Lease because the mortgage only granted the mortgagee a security interest in the Lease. [11] Tauren immediately assigned a portion of the overriding royalty interest to Wells Fargo.”

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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. The consent decree neither defines the term “responsible corporate official.”