The Energy Law

JULY 1, 2021

Sheppard is a royalty dispute between several lessees, Devon Energy Production Co., concerning a novel royalty term that may have a huge impact on the way oil and gas royalties are paid in the future. The royalty clause at issue required the lessees to pay to the lessors 1/5th of the “gross proceeds” as a royalty.

Royalty

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. But the Court’s sporadic holdings regarding royalty clauses, each so specific to the particular language of the lease, have left lessees on unsteady footing. Heritage Res., NationsBank , 939 S.W.2d

Royalty

The Energy Law

FEBRUARY 22, 2024

Jan 12, 2024) concerns how three related provisions in an oil and gas lease interact: (1) a royalty clause; (2) a free-use clause; and (3) an off-lease clause. When parties to an oil and gas lease reserve royalties, they stipulate where those royalties are to be valued—sometimes referred to as the “valuation point”—in the royalty clause.

Royalty

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. after deductions), resulting in lower royalty payments for the royalty owners.

Royalty

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. after deductions), resulting in lower royalty payments for the royalty owners.

Royalty

The Energy Law

MARCH 31, 2021

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. For almost a decade, the original lessee to the agreements never subtracted post-production costs from the royalty owners’ royalty payments.

Royalty

The Energy Law

NOVEMBER 28, 2022

Finally, the regulations will likely address other key issues including transportation pipelines, spacing between lease areas, environmental monitoring requirements, and use of legacy OCS infrastructure for CCS purposes. Interior is currently conducting ongoing research on various technical and operational issues associated with offshore CCS.

Offshore

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Governors Perspective During its 60-day session, the legislature passed 194 bills out of 1,182 introduced, addressing issues from economic development and health care to education and water security, as summarized by the office of Gov. The Senate Tax, Business, and Transportation hearing for H.B. Michelle Lujan Grisham. 137, and H.B.

Royalty

CNBC: Energy

JULY 3, 2025

The law also slashes the royalties that producers pay the government for pumping oil and gas on federal lands, encouraging higher output. Skip Navigation Markets Pre-Markets U.S. The coal industry is also a big winner from the law, which mandates at least 4 million additional acres of federal land be made available for mining.

IT

The Energy Law

OCTOBER 26, 2020

Biden’s “energy” plan focuses largely on historic levels of public investment in clean and renewable energy sources and infrastructure ( e.g. , solar, wind, electric vehicles), reducing greenhouse gas emissions (primarily from the transportation, electricity and other industrial sectors), and curbing the effects of climate change.

Gas

The Energy Law

OCTOBER 26, 2020

Biden’s “energy” plan focuses largely on historic levels of public investment in clean and renewable energy sources and infrastructure ( e.g. , solar, wind, electric vehicles), reducing greenhouse gas emissions (primarily from the transportation, electricity and other industrial sectors), and curbing the effects of climate change.

Gas

The Energy Law

OCTOBER 26, 2020

Biden’s “energy” plan focuses largely on historic levels of public investment in clean and renewable energy sources and infrastructure ( e.g. , solar, wind, electric vehicles), reducing greenhouse gas emissions (primarily from the transportation, electricity and other industrial sectors), and curbing the effects of climate change.

Gas