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Sixth Circuit Court of Appeals Affirms District Court Decision on Royalty Calculations

Vorys Energy

On February 1, 2022, the United States Court of Appeals for the Sixth Circuit affirmed the lower court’s decision in Zehentbauer Family Land, LP, et al. TotalEnergies E&P USA, Inc, et al. By using the netback method to determine those royalties, “Plaintiffs’ royalties are based on the wellhead value of the gas sold.

Royalty 40
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Supreme Court of Texas Washes Out the “Anadarko Washout”

Producer's Edge

Anadarko E & P Onshore, LLC, 676 S.W.3d Anadarko E& P Onshore, LLC, no. Anadarko E & P Onshore, LLC, Cromwell obtained leases covering a small fractional interest in multiple sections in Loving County, Texas. July 21, 2022) (emphasis added). Anadarko E& P Onshore, LLC, no.

E&P 59
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The Changing Landscape of Leasing and Minerals

Permian Basin Oil and Gas Magazine

The advantage for minerals firms is that they have no investment in equipment or drilling costs, as do E&Ps. The challenge is that they must still do geological research on formations, and then predict where the E&P is planning to drill. Some of the E&Ps will sell minerals to raise cash, said Stavinoha.

Basin 59