The Energy Law

MARCH 15, 2023

Anything to the contrary herein notwithstanding, it is expressly provided that the terms of this paragraph shall be controlling over the provisions of Paragraph 3 of this lease to the contrary and this paragraph shall not be treated as surplusage despite the holding in the cases styled “Heritage Resources, Inc. NationsBank”, 939 S.W.2d

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The Energy Law

JANUARY 31, 2020

a case previously featured on the Blog. This case began in 2011 when ETP and Enterprise explored the possibility of partnering to modify and extend, or construct anew, a pipeline to transport oil southbound from Cushing, Oklahoma. The Texas Supreme Court issued an opinion today in Energy Transfer Partners, L.P

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The Energy Law

AUGUST 3, 2021

In this case, PennEast sought to exercise the federal eminent domain power bestowed upon it by the Natural Gas Act (NGA). Under the NGA, FERC confers eminent domain authority to private entities through issuing a certificate of public convenience and necessity to certain authorized entities, including interstate natural gas transporters.

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The Energy Law

APRIL 17, 2019

The contracts provided that the sales price of the crude oil was based on index pricing, less an amount sometimes designated as a “transportation differential” or simply as a deduction. The Louisiana Board of Tax Appeals, faced with numerous cases raising this same issue, heard a “test case” involving Avanti Exploration, LLC.

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The Energy Law

JANUARY 10, 2020

On October 20, 2017, Bouchard Transportation’s ATB BUSTER BOUCHARD/B. 255 suffered an explosion and fire while transporting roughly 2,000 barrels of oil off Port Aransas, Texas. In a stark reminder of the sanctity of Coast Guard investigations, and the consequences of impeding such investigations, the U.S. 2114) (the “SPA”).

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The Energy Law

OCTOBER 5, 2020

In Texas, for example, case law has not yet settled critical questions regarding real property rights for capture, injection, and storage such as the issue of who owns the rights to lease subsurface pore space for carbon storage when the mineral and surface estates have been severed. 1] [link] [2] Nigel Bankes, Jenette Poschwatta & E.

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The Energy Law

AUGUST 4, 2023

COG also entered into surface use compensation agreements and right-of-way agreements to facilitate its use of the surface when it transported products and waste from the property. As background, many areas in Texas contain shale formations that are dense and have poor permeability. But more than minerals are released.

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The Energy Law

MARCH 29, 2021

QEP Energy Company , the Western District of Louisiana rejected, for the second time in this case, Plaintiffs’ claims seeking a disgorgement of QEP’s profits. This case was handled by Paul Adkins of Liskow’s Baton Rouge office. The gas extracted from the wells is not a “fruit” under Louisiana law. Read the opinion here.

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The Energy Law

AUGUST 3, 2021

In 2021, an investor installed new carbon capture equipment at the plant to create a single process train for capturing, processing, and preparing to transport the carbon dioxide previously released into the atmosphere. For more information on carbon capture and section 45Q tax credits, see here , here and here.

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The Energy Law

DECEMBER 21, 2022

Several years ago, the definition of Qualified Agreement Vessels was expanded to include the short sea transportation trade. The Capital Construction Fund (“CCF”) program is designed to encourage owners of U.S. flagged vessels to accumulate sufficient capital to acquire additional U.S. flagged vessels by offering tax incentives to do so.

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True Energy

NOVEMBER 17, 2024

For example, Pacific Gas and Electric Company (PG&E) implemented four rate increases for all customers in 2024 alone. PG&E is far from alone. In many cases, there sems to be little no choice but to pass some of the growing costs on to consumers. For customers, it offers cheaper energy and more control.

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The Energy Law

JUNE 8, 2020

With the prevalence of cases involving royalty disputes in Texas, the state’s Supreme Court has never hesitated to address these issues. Heritage Resources is the underlying case that must be understood to decipher the Supreme Court’s logic as it continues to rectify the numerous creative royalty provisions across Texas today.

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The Energy Law

FEBRUARY 3, 2021

The issue of whether a company is an independent contractor of an E & P company is frequently litigated in oilfield injury accidents, as the injured worker searches for multiple sources of possible recovery. s Transportation, LLC , —- So.3d s Transportation, LLC , —- So.3d In McDaniel v R.J.’s In McDaniel v R.J.’s

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The Energy Law

FEBRUARY 3, 2021

The issue of whether a company is an independent contractor of an E & P company is frequently litigated in oilfield injury accidents, as the injured worker searches for multiple sources of possible recovery. s Transportation, LLC , —- So.3d s Transportation, LLC , —- So.3d In McDaniel v R.J.’s

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The Energy Law

MAY 26, 2023

The Fifth Circuit agreed with the lower court that state statutes and case law characterize SRA-L as an arm of the state; but caveated that the factor was restricted and “given the inconsistent descriptions in the same statutes and the lack of a more-definite characterization in either statute or case law.” [7]

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The Energy Law

OCTOBER 5, 2020

In Texas, for example, case law has not yet settled critical questions regarding real property rights for capture, injection, and storage such as the issue of who owns the rights to lease subsurface pore space for carbon storage when the mineral and surface estates have been severed. 2] Nigel Bankes, Jenette Poschwatta & E.

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The Energy Law

AUGUST 20, 2012

By Robert E. For purposes of the rule, the point of custody transfer is defined as the point where hydrocarbon liquids or natural gas enter a pipeline or any other form of transportation, or the point where hydrocarbon liquids or natural gas enter a natural gas processing plant. Holden and Carlos J. 7412 (n)(4)(A).Section

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Oil & Gas 360º

MARCH 10, 2025

. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held. .”

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The Energy Law

FEBRUARY 22, 2024

When royalties are valued “at the well,” royalties must be calculated based on either comparable sales or, when comparable sales are not readily available (which is often the case), by subtracting the post-production costs incurred to prepare production for sale from the proceeds received by the lessee from the sale of that production.

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The Energy Law

MARCH 31, 2021

While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. If not superseded, BlueStone would be permitted to deduct post-production costs.

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The Energy Law

MARCH 31, 2021

While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. If not superseded, BlueStone would be permitted to deduct post-production costs.

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The Energy Law

MARCH 31, 2021

While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. Factual and Procedural Background. Burlington Resources Oil & Gas Co., 3d 198, 211 (Tex.

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Aresco

DECEMBER 17, 2024

Crude oil is one of the most vital commodities in the world, powering industries, transportation, and economies globally. Unlike traditional methods, such as investing in stocks of oil companies or oil-related exchange-traded funds (ETFs), direct investments in exploration projects offer a closer, more hands-on approach.

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CNBC: Energy

JUNE 13, 2025

Still, as of now, it's not a major needle-mover compared with the e-commerce, advertising and cloud-computing divisions. Skip Navigation Markets Pre-Markets U.S. Brent crude, the international benchmark, surged 7% to above $74 a barrel. oil benchmark West Texas Intermediate crude also popped 7%, trading close to $73 a barrel.

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The Energy Law

MARCH 31, 2021

Background The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S Constitution. Gulf Coast. and Canada near Morgan, Montana. 2015 aerial photograph. A failure to make such a finding would grant the permit by operation of law.

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The Energy Law

MARCH 31, 2021

The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S Constitution. Background. Gulf Coast. and Canada near Morgan, Montana. 2015 aerial photograph. energy security, and oil prices. [7].

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