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U.S. Treasury Secretary Attacks Tax Breaks for Oil & Gas Companies

The Energy Law

oil and natural gas producing companies should not receive federal subsidies in the form of tax breaks because their businesses contribute to global warming, U.S. The proposed budget would levy an excise tax on oil and gas produced in the Gulf of Mexico, which is expected to raise $5.3 billion from 2011 to 2019.

Gas 40
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LNG Canada Nears Startup: A Game-Changer for Western Canadian Natural Gas

Oil Gas Leads

After years of planning, political negotiation, and construction, the LNG Canada export terminal in Kitimat is nearly operational and it could mark a turning point for Canadas natural gas industry. The project dates back to 2011 , when former B.C. Help Canada diversify its natural gas markets beyond the U.S. Its destination?

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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law

In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. August 2018 was not an anomaly. 2d 640, 641-43 (W.D.

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Who Owns the Void? Oral Arguments at SCOTX Regarding Underground Storage Rights

Producer's Edge

This case presents two critical questions: Who owns subsurface caverns created by salt mining operations, and How should in-kind royalties be calculated for salt production? As I recently summarized in my annual oil and gas law review (Austin W. Brister & Logan Jones, Oil, Gas & Mineral Law, 9 SMU ANN. 3d 39 , 47 (Tex.

Royalty 52
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Who Owns the Empty Space? Texas Supreme Court Affirms Surface Ownership of Salt Caverns in Landmark Ruling

Producer's Edge

May 16, 2025), the Texas Supreme Court resolved two significant issues affecting mineral owners and surface owners: (1) who owns the empty caverns created by salt mining operations, and (2) how to calculate royalty payments on produced salt. Despite this substantial production, USM did not pay Myers any royalty. Can a Cavern Be Owned?

Royalty 52
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Supreme Court of Texas Washes Out the “Anadarko Washout”

Producer's Edge

The so called “Anadarko Washout” involves a washout of oil and gas leases on undivided working interests owned by non-operating mineral cotenants. Cimarex instead chose to rely on production from several wells Anadarko drilled in 2011 and 2012. Anadarko Petroleum Corp., 3d 73, 93 (Tex. Trotti, 262 F.2d 2d 339 (5th Cir.

E&P 59
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Fifth Circuit Reverses District Court Ruling Protecting Mineral Owner’s Rights of Ingress and Egress Over National Park Service Land

The Energy Law

Dunn-McCampbell Royalty Interest Inc. The Texas law made an exception for the use of the surface of the land for the reasonable development of oil, gas, and other minerals – including the right of ingress and egress. by: Megan J. Nat’l Park Serv. , 09-40187 (5th Cir.