The Energy Law

APRIL 4, 2023

While 30:10 was amended during the 2022 legislative session, the amendment preserved the limited obligation of remitting the royalty and overriding royalty burdens to the nonparticipating owner for the benefit of the royalty and overriding royalty owners.

Royalty 98

Royalty Operator Royalty Interest E&A 98

Enverus

JUNE 3, 2025

In response to today’s announcement that Viper Energy, a subsidiary of Diamondback Energy, would acquire Sitio Royalties Corp for $4.1 Now, for just the second time Enverus has tracked, two publicly traded minerals companies are combing with Viper Energy Partners buying Sitio Royalties for $4.1 billion in 2022.

Royalty 130

Royalty Basin Royalty Interest Upstream 130

Vorys Energy

FEBRUARY 4, 2022

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. The Court held that the lessees’ payment of royalties based on amounts they received from sales to their affiliates at the well was proper and followed the language of the lease.

Royalty 40

Royalty E&P Downstream E&A 40

Texas Oil & Gas Attorney

SEPTEMBER 21, 2024

In 2022, in a case decided by the Corpus Christi Court of Appeals , the issue was who owns the right to use underground salt caverns: the mineral owner or the surface owner? 3d , 2022 WL 2163857 (Tex.Civ.App.Corpus ChristiEdinburgh 2022), pet. 30, 2024), the Court also considered how a salt royalty should be calculated.

Royalty 52

Royalty Casing Pipeline Oil 52

Vorys Energy

OCTOBER 31, 2022

Ohio’s Seventh District Court of Appeals recently held that an “anti-washout” provision found in multiple assignments of overriding royalty interests covering leases that subsequently expired was not binding on the original lessee’s assignees, which had taken new leases to those same lands, as there was no privity of contract.

Royalty Interest 40

Royalty Interest Royalty Casing Oil 40

Aresco

FEBRUARY 14, 2024

The depletion allowance is a tax provision in the United States designed to account for the reduction of natural resources, such as oil and gas, as they are extracted and sold. For the oil and gas industry, the depletion allowance functions similarly to depreciation for other types of assets.

Gas 52

Gas Oil Exploration and Production Crude Oil 52

The Energy Law

NOVEMBER 28, 2022

The two bureaus stated their focus for fiscal year (FY) 2022 would be on the development of regulations to address the IIJA requirement; accordingly, both BOEM and BSEE have budgeted funds for FY 2023 to develop such a framework. total CO 2 emissions.

Offshore 105

Offshore Operator Transportation E&A 105

The Energy Law

MARCH 28, 2022

Oil and gas related injection wells are considered Class II wells and are regulated by the Underground Injection Control (UIC) program within the Office of Conservation, which has achieved primary enforcement authority under the applicable federal guidelines. 1, issue 1, sagetech.org.

Underground Injection Control 98

Underground Injection Control Exploration and Production Operator E&A 98

The Energy Law

MARCH 31, 2022

In the original Johnson decision, the district court sent shockwaves across the oil and gas industry in Louisiana by finding that post-production costs were not properly deductible against proceeds owed to unleased mineral owners. Chesapeake.

Operator 98

Operator Management E&A Gas 98

Reporting Oil and Gas

NOVEMBER 26, 2023

In response to the depreciation of the Ghana Cedi in the last quarter of 2022, the government introduced the Gold for Oil Programme, utilizing gold produced within the country to purchase oil and alleviate pressure on the local currency. Additionally, petrol prices decreased from GHS23 per litre to GHS12 per litre.

Crude Oil 52

Crude Oil Oil Government Exploration and Production 52

Aresco

NOVEMBER 30, 2023

Intangible Drilling Costs (IDCs) play a crucial role in oil and gas investments, offering significant tax advantages that can enhance profitability for investors. Intangible Drilling Costs (IDC) are a critical element of the financial landscape in the oil and gas industry. What are intangible drilling costs?

Exploration and Production 52

Exploration and Production Consulting Professional Services Oil 52

Producer's Edge

JUNE 2, 2025

The so called “Anadarko Washout” involves a washout of oil and gas leases on undivided working interests owned by non-operating mineral cotenants. July 21, 2022) (emphasis added). The Court’s reasoning was simple, and firmly rooted in Texas oil and gas jurisprudence. Anadarko Petroleum Corp., 3d 73, 93 (Tex.

E&P 59

E&P E&A Casing Operator 59

Permian Basin Oil and Gas Magazine

JUNE 2, 2025

The courts summary states, This dispute concerns whether the mineral lessee or the surface estate holder owns the produced water from oil and gas operations. These leases conveyed to Cactus the produced water from oil and gas operations on the land. Cactus informed COG of its leases. Phelan is CEO of U.S. Why do they sell?

Basin 59

Basin E&A E&P Oil 59

Oil and Gas Investments

NOVEMBER 27, 2024

A pre-feasibility study was done on the deposit in October 2022. Part of the funding for Autazes will come from a royalty agreement with Franco Nevada. That is $1M for the option – the purchase price of the royalty will be based on a 12.5% There is also a 2% royalty that will be paid to the Brazilian government.

Casing 52

Casing Exploration and Production Royalty Transportation 52

Oil and Gas Investments

MARCH 21, 2025

A PROMISING PHASE II TRIAL Rezolute completed their Phase 2b study, called RIZE, in August 2022. Under this agreement they made a milestone payment of $2M Jan 2022. Once ersodetug is commercialized, they will pay royalties to XOMA and there are $185M of sales related milestone payments. Which ersodetug seems to do.

IT 52

IT Completion Royalty Finance 52

CNBC: Energy

JULY 10, 2025

Key attendees included Saudi Prince and Energy Minister Abdulaziz bin Salman, along with a slew of other oil and gas leaders who discussed energy investment, security and transition. Uninvited but present were also protesters, who called for the closure of the Strait of Hormuz.

Finance 57

Finance Oil Energy Energy 57

Marcellus Shale Coalition

FEBRUARY 26, 2025

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. New England sits adjacent to Pennsylvania and the largest natural gas producing region in the country.

Pipeline 93

Pipeline Energy Energy Natural Gas 93

Marcellus Shale Coalition

FEBRUARY 26, 2025

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. New England sits adjacent to Pennsylvania and the largest natural gas producing region in the country.

Pipeline 52

Pipeline Energy Energy Natural Gas 52

Valor

MARCH 31, 2025

March 31, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Read more US oil, gas rig count drops first time in 3 weeks – Baker Hughes Summary : U.S. Read more Trumps 1st 2025 oil, gas leases net $40M from 34 parcels Summary : The U.S.

Energy 52

Energy Energy Barrel Oil 52

The Energy Law

FEBRUARY 24, 2022

On February 11, 2022, the Biden Administration’s climate change agenda sustained a major blow as Judge James D. In short, the Plaintiff States would suffer increased energy costs, additional regulatory burdens, violation of their procedural rights, and reduced revenue from taxes and royalties as energy production and exploration slowed.

Energy 96

Energy Energy Exploration and Production Royalty 96