The Energy Law

SEPTEMBER 17, 2009

by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash. For the full story, see [link]

Royalty 40

Royalty American Petroleum Institute Government Petroleum 40

The Energy Law

FEBRUARY 19, 2008

Phillips Petroleum Co. , 15, 2008), the Texas Supreme Court again addressed the propriety of class actions for gas royalty claims. The class affirmed the denial of two subclasses, but reversed the denial of a third subclass of royalty claimaints. In Bowden v. 03-0824 (Feb.

Royalty 40

Royalty Gas Petroleum Casing 40

The Energy Law

MARCH 7, 2023

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. In addition to the estate misconception theory, the Court analyzed the “legacy of the one-eighth royalty.” Element Petroleum Props., Dils Co. , 2d 904 (Tex. 11-21-00103-CV (Tex.

Royalty 98

Royalty Oil Gas Royalty Interest 98

The Energy Law

DECEMBER 11, 2006

In BHP America Petroleum Co. Burton , 549 U.S. — (2006), the Supreme Court resolved a legal issue that has been at the center of federal royalty litigation for twenty years: viz. founded upon any contract,” applies to administrative royalty payment orders issued by the Minerals Management Service (MMS). . whether 28 U.S.C.

Royalty 40

Royalty Oil Government Gas 40

Oil Gas Leads

MARCH 13, 2025

According to the latest State of Energy Report from the Texas Independent Producers & Royalty Owners Association (TIPRO) , oil and gas workers earned an average annual salary of $227,000 in 2024 an increase of $4,389 from 2023.

Oil 52

Oil Gas Engineer Engineering 52

Valor

FEBRUARY 24, 2025

Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%. Total petroleum inventories increased by 0.2 million bpd and 4.7

Barrel 52

Barrel Energy Energy Oil 52

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. That was formed in 1977 under the name National Nigeria Petroleum Company. The rate of royalty will rise in tune with oil prices. How did this happen?

Oil 52

Oil Royalty Exploration and Production Government 52