Producer's Edge

MARCH 25, 2025

The Court disagreed, reasoning that although the lessee was obligated to pay a royalty on all gas produced, the lessee was entitled to convert its downstream sales price into an at-the-well market value by deducting from its sales price the value of the gas that was used off the premises to prepare other royalty-bearing gas for sale.

Royalty

Producer's Edge

MARCH 25, 2025

The Court disagreed, reasoning that although the lessee was obligated to pay a royalty on all gas produced, the lessee was entitled to convert its downstream sales price into an at-the-well market value by deducting from its sales price the value of the gas that was used off the premises to prepare other royalty-bearing gas for sale.

Royalty

The Energy Law

MARCH 31, 2021

19-0459, 2021 WL 936175 (Tex. Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions The Texas Supreme Court recently issued its anticipated decision in BlueStone Natural Resources II, LLC v. Randle , affirming in part and reversing in part the lower court’s ruling. Burlington Resources Oil & Gas Co.,

Royalty

The Energy Law

MARCH 31, 2021

19-0459, 2021 WL 936175 (Tex. The Texas Supreme Court recently issued its anticipated decision in BlueStone Natural Resources II, LLC v. Randle , affirming in part and reversing in part the lower court’s ruling. Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex.

Royalty

The Energy Law

JULY 1, 2021

The lessees argued before the court of appeals that downward adjustments to the sales price to account for post-transfer costs are not subject to the “add-back” provision because appellants never “directly or indirectly” incurred the costs at issue—instead, the downstream purchaser incurred those costs. See BlueStone Nat. Randle , 620 S.W.3d

Royalty

The Energy Law

MARCH 31, 2021

19-0459, 2021 WL 936175 (Tex. The Texas Supreme Court recently issued its anticipated decision in BlueStone Natural Resources II, LLC v. Randle , affirming in part and reversing in part the lower court’s ruling. Factual and Procedural Background. Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex.

Royalty

Rigzone

JUNE 6, 2025

In a statement posted on its website in February, BP announced a “fundamentally reset strategy” This strategy will see BP grow its upstream oil and gas business, focus its downstream business, and invest with increasing discipline into the transition, the company noted in that statement.

Exploration and Production

Producer's Edge

JANUARY 27, 2025

The Court disagreed, reasoning that although the lessee was obligated to pay a royalty on all gas produced, the lessee was entitled to convert its downstream sales price into an at-the-well market value by deducting from its sales price the value of the gas that was used off the premises to prepare other royalty-bearing gas for sale.

Royalty

Oil & Gas 360º

APRIL 30, 2025

According to Goldman Sachs, escalating electricity needs from running AI data centers will generate downstream investment opportunities that will benefit utilities, renewable energy generation, and industrial sectors. electricity output at the end of the forecast period compared to ~3% currently.

Gas

McKinsey

JUNE 24, 2025

in 2021, with rising US imports from China of previously less-in-demand goods from masks to standing desks. Both US and China rearrangement ratios have increased gradually over time The average US China-rearrangement ratio has crept up slowly over time (Exhibit 1). It hit a pandemic-era peak of 0.5

Exploration and Production

Valor

JUNE 2, 2025

Read more Drilling permits drop as prices fall, signaling industry pullback Summary : Texas drilling permits fell to 570 in April (lowest since 2021), with Midland Basin permits dropping 56% to 133 as WTI prices fell 17% YTD. Permian Basin rigs declined 1 to 278, also a November 2021 low, as the total count fell 37 (6%) year-over-year.

BCF

Oil & Gas Magazine

JULY 23, 2025

miles de barriles diarios , si lo comparamos con los demás años quedaría de la siguiente forma: 2021: 117.7 Downstream Midstream Regulación Ultimas noticias downstream midstream regulación Observamos que en 2020, un año muy difícil para todo el mundo, la producción promedio de diésel fue de 113.6 2023: 1 34.8

Downstream

McKinsey

JUNE 20, 2025

By 2021, this had more than doubled to 71 years. Oftentimes, the most transformative impact of innovations are the downstream effects they have in other areas: The classic example is all the new industries that were spawned by inventions created for space exploration. 2 Saloni Dattani et al.,

Exploration and Production

McKinsey

JUNE 17, 2025

Resources across energy and mining could see substantial downstream effects. In both global and local concentration, the transition costs of shifting suppliers, combined with some downstream ripple effects, might be profound. These effects together entrench dependency among downstream buyers.

Exploration and Production