The Energy Law

MARCH 15, 2023

2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. The leases contained the following royalty provisions: 3. Sheppard , — S.W.3d

Royalty 98

Royalty Oil Gas Downstream 98

The Energy Law

JUNE 21, 2016

At issue in Southwest Royalties, Inc. The State contended that bringing minerals to the surface does not constitute “manufacturing,” and put on evidence to show that the phase changes identified by Southwest were the result of natural changes in pressure in temperature and were not caused by Southwest’s equipment.

Manufacturing 52

Manufacturing Oil Gas Royalty 52

The Energy Law

NOVEMBER 28, 2022

Another significant issue that will have to be addressed is the liability of operators and lessees or rights holders for potential leaks from offshore CCS projects. Interior is currently conducting ongoing research on various technical and operational issues associated with offshore CCS.

Offshore 105

Offshore Operator E&A Pipeline 105

The Energy Law

MARCH 10, 2023

First, the Advanced Manufacturing Production Credit grants a tax credit equal to 10% of the costs incurred to produce any critical minerals, [1] including lithium. [2] For operators hoping to cash in on future developments in lithium extraction, the time to answer these questions is now.

E&P 105

E&P E&A Oil Gas 105