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Texas Supreme Court’s Final Word on Ownership of Pore Space

Oil and Gas Lawyer

It also owns a 1/8 th royalty on oil, gas and other minerals produced from the land. tons of salt from the property between 2015 and 2019. Myers Woodward owns the surface estate of 160 acres in Matagorda County. Underground Services Markham (USM) owns the salt and salt formations under the 160 acres. USM produced some 2.7

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GKP outlines Payments to Govts for 2024

Iraq Business News: Oil & Gas

issued by the UK's Financial Conduct Authority ('DTR 4.3A') and in accordance with The Reports on Payments to Governments Regulations 2014 (as amended in 2015) (the 'UK Regulations') and our interpretation of the Industry Guidance on the UK Regulations issued by the International Association of Oil & Gas Producers.

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30% of Ghana’s crude oil consumption purchased through Gold for oil programme – Lands Minister

Reporting Oil and Gas

The Minister for Lands and Natural Resources, Samuel Abu Jinapor, commended President Akufo-Addo and Vice President Dr. Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs.

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When Contract Language Costs Millions: Court Strikes Down Post-Closing Assignment 'Corrections'

Producer's Edge

the El Paso Court of Appeals reversed a trial court's summary judgment and held that post-closing "corrections" to overriding royalty assignments were invalid and unenforceable against a subsequent purchaser. —El Paso Jan. 28, 2025, no pet. The sales contracts addressed this extra up-to-5% interest through Section 8.1(iii),

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Who Can Enforce Surface Provisions in an OGL?

Producer's Edge

filed) Mineral owners are often subject to general oil and gas lease forms that include provisions benefitting the surface estate. LLC sought to enforce a provision in a 1948 mineral lease requiring Unitex WI, LLC and Unitex Oil and Gas, LLC (Unitex) to bury pipelines on the ranch land surface CT Land acquired in 2013.

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Petrel submits Proposal re Relinquished Block from 4th Licensing Round

Iraq Business News: Oil & Gas

The company, which announced a fundraising in March , said that it has submitted a proposal to undertake contractor obligations on a relinquished block from Iraq's 4th Bid Round , and has also prepared an updated development plan for the Merjan oil field. Oil explorers are not yet attracting strong investor interest in western markets.

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Pipeline Expansion = Affordable Energy

Marcellus Shale Coalition

In 2015, then-Massachusetts Attorney General Maura Healey released a report asserting that no new natural gas pipelines were needed into the region and that the regions power grid faced no reliability deficiency through at least 2030. All was fine, said the Attorney General.