E&P and Royalty - Energy Aggregated

Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Oil & Gas 360º

MARCH 24, 2025

(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). In February 2025, NGP and the Elk Range team established Elk Range Royalties III.

Royalty

Royalty Basin Spud-in Operator

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

JUNE 3, 2025

NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. existing net DUCs and permits with an average lateral length of ~9,500 feet PRO FORMA HIGHLIGHTS Approximately 85,700 net royalty acres in the Permian Basin; ~43% operated by Diamondback Pro forma Viper owns an average 1.8% billion, including Sitios net debt of approximately $1.1

Royalty

Royalty Energy Energy Basin

Chevron sells 70% stake in Haynesville shale assets to Tokyo Gas for $525 million

Oil & Gas 360º

APRIL 2, 2025

Chevron will retain a 30% non-operated working interest in a joint venture with TGNR and an overriding royalty interest in the assets. billion in value to Chevron at current Henry Hub prices through the multi-year capital carry, retained working interest, and overriding royalty interest.

Royalty Interest

Royalty Interest Gas Royalty Operator

Permian Resources acquires Delaware basin assets from APA for $608 million

Oil & Gas 360º

MAY 8, 2025

The deal, valued at $608 million, includes 13,320 net acres, 8,700 net royalty acres and 12,000 Boe/d directly offset Permian Resources core New Mexico operating areas. (World Oil) – Permian Resources has reached an agreement to buy core assets in the Delaware basin from Apache parent company APA Corp.

Basin

Basin Royalty Operator Utilities

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

Vorys Energy

FEBRUARY 4, 2022

TotalEnergies E&P USA, Inc, 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

Royalty E&P Downstream E&A

Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

JUNE 12, 2017

10] Gloria’s Ranch amended its petition to include a claim for failure to pay royalties on production in Section 15 (from the unit well drilled by Chesapeake). 11] The trial court also found that defendants failed to pay royalties in Section 15 and awarded Gloria’s Ranch the royalties owed plus punitive damages. [12]

Royalty

Royalty E&P Exploration and Production Operator

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

MAY 30, 2025

Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource.

Exploration and Production

Exploration and Production Natural Gas Crude Oil Energy

CanCambria Energy Corp, receives first drilling permit for Kiskunhalas Project in Hungary

Oil & Gas 360º

MARCH 20, 2025

TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin. (Oil & Gas 360) – CanCambria Energy Corp.

Exploration and Appraisal

Exploration and Appraisal Energy Energy E&A

Supreme Court of Texas Washes Out the “Anadarko Washout”

Producer's Edge

JUNE 2, 2025

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. Anadarko E& P Onshore, LLC, no. Anadarko Petroleum Corp., 3d 860 (Tex.

E&P

E&P E&A Casing Operator

Who Owns the Empty Space? Texas Supreme Court Affirms Surface Ownership of Salt Caverns in Landmark Ruling

Producer's Edge

MAY 19, 2025

May 16, 2025), the Texas Supreme Court resolved two significant issues affecting mineral owners and surface owners: (1) who owns the empty caverns created by salt mining operations, and (2) how to calculate royalty payments on produced salt. Despite this substantial production, USM did not pay Myers any royalty. Can a Cavern Be Owned?

Royalty

Royalty Casing E&A Oil

CanCambria Energy Corp announces resource evaluation report for the Kiskunhalas tight-gas project, southern Hungary

Oil & Gas 360º

MAY 12, 2025

The company holds 100% working interest and 98% net royalty interest across the greater BA-IX mining license at the Kiskunhalas project. The report includes an area of 4,000 net acres with the Development Pending sub-class for Contingent Resources.

Gas

Gas Exploration and Appraisal Energy Energy

Who Owns the Void? Oral Arguments at SCOTX Regarding Underground Storage Rights

Producer's Edge

NOVEMBER 1, 2024

This case presents two critical questions: Who owns subsurface caverns created by salt mining operations, and How should in-kind royalties be calculated for salt production? Anadarko E&P Onshore, LLC , 520 S.W.3d ” The Fifth Circuit, applying Texas law in Dunn-McCampbell Royalty Interest, Inc.

Royalty

Royalty Royalty Interest Casing Oil

Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law

OCTOBER 4, 2018

El Paso E & P Co. , El Paso E & P Co. , for a one-fourth (1/4) mineral royalty and as much as ten thousand ($10,000) dollars per acre bonus royalty.” For example, in Alyce Gaines Johnson Special Trust v. Alyce Gaines Johnson Special Trust v. 2d 640, 641-43 (W.D.

Exploration and Production

Exploration and Production Gas E&P E&A

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

MARCH 10, 2025

“Free funds flow” is a non-GAAP financial measurecalculated as funds flow less expenditures on property, plant and equipment (“PP&E”). on other countries and responses thereto could have a material adverse effect on the Canadian, U.S. Market capitalization is a supplementary financial measure.

Energy

Energy Energy Exploration and Production Natural Gas

Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Energy Law

MARCH 11, 2020

UNOCAL also reserved a 3% overriding royalty. 2003) (“the regulations govern the parties’ joint and several liabilities vis-à-vis the Government not amongst themselves”) and Total E&P USA, Inc. UNOCAL assigned operating rights in the leases to ATP, who later assigned 20% of those rights to Sojitz. Parker Drilling Co. ,

Royalty

Royalty E&P E&A Offshore

The Changing Landscape of Leasing and Minerals

Permian Basin Oil and Gas Magazine

JUNE 2, 2025

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

Basin E&A E&P Oil

Lithium Extraction May Soon Turn Produced Water Into Produced Profits

The Energy Law

MARCH 10, 2023

Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. 45X(c)(6)(P). [3] 30D(e)(1). [4] Communications include firm news, insights, and events. 1] 26 U.S.C. § 45X(b)(1)(M). [2] 2] 26 U.S.C. §

E&P

E&P E&A Oil Gas

Energy Aggregated

Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Trending Sources

Chevron sells 70% stake in Haynesville shale assets to Tokyo Gas for $525 million

Permian Resources acquires Delaware basin assets from APA for $608 million

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

Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

CanCambria Energy Corp, receives first drilling permit for Kiskunhalas Project in Hungary

Supreme Court of Texas Washes Out the “Anadarko Washout”

Who Owns the Empty Space? Texas Supreme Court Affirms Surface Ownership of Salt Caverns in Landmark Ruling

CanCambria Energy Corp announces resource evaluation report for the Kiskunhalas tight-gas project, southern Hungary

Who Owns the Void? Oral Arguments at SCOTX Regarding Underground Storage Rights

Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Changing Landscape of Leasing and Minerals

Lithium Extraction May Soon Turn Produced Water Into Produced Profits

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