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 NationsBank”, 939 S.W.2d

Royalty 98

Royalty Oil Gas Downstream 98

The Energy Law

MAY 22, 2023

Recently, several operators have started pilot projects to produce lithium from Smackover brine as well. New advancements in chemical and mechanical extraction techniques have made it possible to separate lithium from brine much more quickly and with lower ecological impact.

Exploration and Production 98

Exploration and Production Oil Operator E&A 98

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