The Energy Law

JUNE 12, 2017

1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] in unpaid royalties and an additional double damages penalty of $484,058.52

Royalty 40

Royalty Exploration and Production Royalty Interest Operator 40

The Energy Law

MARCH 30, 2017

Nonetheless, it does serve as a reminder that when a party recognizes an omission or mistake in an instrument affecting mineral rights, a party should not immediately opt for an easy fix via a notarial act of correction. 31] However, the Court recognized that the operator routinely obtained permits as part of its operations. [32]

Spud-in 40

Spud-in Operator IT E&A 40

Oil & Gas 360º

MARCH 10, 2025

Given that the value ratio of oil compared to natural gas based on currently prevailing prices is significantly different than the energy equivalency ratio of 1 Bbl : 6 Mcf, utilizing a conversion ratio of 1 Bbl : 6 Mcf may be misleading as an indication of value.

Energy 130

Energy Energy Exploration and Production Crude Oil 130