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 59

Royalty Casing Gas Oil 59

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 Resources , 939 S.W.2d

Royalty 52

Royalty Exploration and Production Downstream Transportation 52

The Energy Law

MARCH 7, 2023

In the 1920s—the time the deed at issue was executed—lessors commonly reserved a one-eighth royalty interest when they executed oil and gas leases. In addition to the estate misconception theory, the Court analyzed the “legacy of the one-eighth royalty.” Dils Co. , 2d 904 (Tex.

Royalty 98

Royalty Royalty Interest Instrumentation Gas 98

Oilfield Technology

JULY 2, 2025

“Over 1450 bbl of high-quality oil have now been produced and sold from Keddington since recommissioning, contributing meaningful additional revenues, complementing our established cash flow from Wressle in the UK and our growth projects in the USA at Moccasin, the Andrews Field and our Mineral Royalty portfolio.”

Hydraulic Fracturing 52

Hydraulic Fracturing Exploration and Production Oil HSE 52

Rigzone

JULY 1, 2025

Image by Moussa81 via iStock New data from the Texas Workforce Commission indicate that upstream oil and gas employment climbed by 2,200 in May compared to April, and by 7,300 jobs through the first five months of 2025. TXOGA describes itself as the oldest and largest oil and gas trade association in Texas representing every facet of the industry.

Upstream 67

Upstream Natural Gas Royalty Gas 67

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 52

Royalty Gas E&A Oil 52

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 52

Royalty Gas Oil Downstream 52

The Energy Law

NOVEMBER 12, 2020

In a straightforward application of Louisiana’s prescriptive principles, the Louisiana Court of Appeal for the Third Circuit affirmed the trial court’s grant of exceptions of prescription, finding plaintiff’s claims for fraud, under the Louisiana Unfair Trade Practices Act (LUTPA), and for unpaid royalties all prescribed in Karen May v.

Royalty 52

Royalty Oil Gas E&A 52

Rigzone

JULY 4, 2025

SEARCH JOBS >> CREATE ACCOUNT SIGN IN Oil & Gas Jobs ▼ Search Jobs Jobs By Category Featured Employers Ideal Employer Rankings Oil & Gas News ▼ Headlines Most Popular Oil Prices Events Training Equipment SOCIAL Rigzone AI ▼ RigzoneGPT Chatbot Recruitment Job Postings & Talent Database Packages Search CV/Resumes Recruitment Dashboard (..)

62

62

Oil & Gas 360º

MARCH 20, 2025

CanCambria controls a 100% working interest and 98% net royalty interest on over 32,500 acres of land at Kiskunhalas in the Pannonian basin, a proven, under-exploited hydrocarbon basin in southern Hungary that has produced over 12 billion BOE to date.

Exploration and Appraisal 130

Exploration and Appraisal Energy Energy E&A 130

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 40

Royalty Gas Oil Downstream 40

The Energy Law

JUNE 28, 2018

hands a victory to financiers of oil and gas operations and settles a long-running controversy over the amount of damages available for failure to pay mineral royalties. in unpaid royalties, plus an additional double damages penalty of $484,058.52. in unpaid royalties, plus an additional double damages penalty of $484,058.52.

Royalty 40

Royalty E&A Oil Gas 40

The Energy Law

NOVEMBER 12, 2020

In a straightforward application of Louisiana’s prescriptive principles, the Louisiana Court of Appeal for the Third Circuit affirmed the trial court’s grant of exceptions of prescription, finding plaintiff’s claims for fraud, under the Louisiana Unfair Trade Practices Act (LUTPA), and for unpaid royalties all prescribed in Karen May v.

Royalty 40

Royalty Oil Gas E&A 40

Rigzone

JUNE 10, 2025

First-Quarter Results Gran Tierra reported first-quarter total average working interest before royalties (WI) production of 46,647 barrels of oil equivalent per day (boepd), 14 percent higher than the previous quarter and 45 percent higher year over year.

Exploration and Production 67

Exploration and Production Energy Energy Completion 67

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 52

Royalty Gas Oil Downstream 52

The Energy Law

APRIL 3, 2023

When the dispute involves the nonpayment of royalties, the renewable energy lessee would be afforded 30 days to pay the royalties or respond in writing stating a reasonable cause for nonpayment (compare to La. Communications include firm news, insights, and events.

Government 98

Government Energy Energy Royalty 98

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 Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Gas 130

Gas Exploration and Appraisal Energy Energy 130

The Energy Law

JANUARY 25, 2008

12/19/07), the court addressed the payment of royalties and penalties under Mineral Code article 212.23(c) In exchange, the defendant agreed to transfer an overriding royalty interest in the subject prospect to the plaintiff in the event defendant acquired an interest in the prospect. In CLK Company, L.L.C. CXY Energy, Inc. ,

Royalty 40

Royalty Royalty Interest Casing IT 40

Oil & Gas 360º

APRIL 24, 2025

royalty on gross revenues from the lithium that Standard Lithium produces and sells from the TETRA option acreage. These forward-looking statements include statements regarding TETRA’s beliefs, expectations, plans, goals, future events and performance, and other statements that are not purely historical.

Engineer 130

Engineer Engineering Exploration and Production Operator 130

Oil & Gas 360º

MAY 30, 2025

Please visit the Investors/Events & Presentations page on the EOG website to access a live webcast of the conference call and related presentation materials. Moreover, EOGs forward-looking statements may be affected by known, unknown or currently unforeseen risks, events or circumstances that may be outside EOGs control.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas 360º

MAY 15, 2025

Such forward-looking information is not a guarantee of future performance and involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.

BBL 130

BBL Natural Gas Oil Operator 130

Oil & Gas 360º

MARCH 10, 2025

and Veren’s website at www.vrn.com by selecting “Investors” , then “Presentations & Events”. Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties.

Exploration and Production 130

Exploration and Production Energy Energy Natural Gas 130

The Energy Law

MARCH 18, 2024

1, 2024), the Fifth Circuit held that an oil-and-gas royalties class action belongs in federal court based on its interpretation that the “principal injuries” prong of the CAFA local controversy exception requires all plaintiffs sustain their principal injuries in the forum state. Communications include firm news, insights, and events.

Royalty 52

Royalty Sustainable Sustainability E&A 52

The Energy Law

MAY 22, 2023

Of particular note is Arkansas’s unique payment structure for bromine production; rather than paying a royalty based on a percentage value for the brine or bromine, producers essentially pay a flat rental per acre to the landowners. Communications include firm news, insights, and events.

Exploration and Production 98

Exploration and Production Operator E&A Royalty 98

The Energy Law

NOVEMBER 28, 2022

The CEQ report noted that royalty rate reduction credits for carbon capture could potentially create financial incentives for investment and recognized the need to address long-term liability after a storage site has been closed. Communications include firm news, insights, and events.

Offshore 105

Offshore Operator Transportation E&A 105

The Energy Law

MARCH 28, 2022

Communications include firm news, insights, and events. The order creating the unit will also name a unit operator and allocate unit costs in the same proportion that unit production is allocated. To receive information from Liskow & Lewis, your information will be kept in a secured contact database.

Underground Injection Control 98

Underground Injection Control Exploration and Production Operator E&A 98

The Energy Law

MARCH 11, 2020

UNOCAL also reserved a 3% overriding royalty. Communications include firm news, insights, and events. UNOCAL assigned operating rights in the leases to ATP, who later assigned 20% of those rights to Sojitz. UNOCAL retained rights as to certain depths, but never conducted any lease operations whatsoever at any depth.

Royalty 52

Royalty E&P E&A Offshore 52

The Energy Law

OCTOBER 4, 2018

for a one-fourth (1/4) mineral royalty and as much as ten thousand ($10,000) dollars per acre bonus royalty.” Communications include firm news, insights, and events. In support of its position, Plaintiff argued that its predecessor did not intend to lease the depths at which the Haynesville shale is found.

Exploration and Production 52

Exploration and Production Gas E&P E&A 52

Oil and Gas Investments

MARCH 21, 2025

Thes kids spent close to 20% of the time in hypoglycemia with 13 events per week. Source: Rezolute Investor Presentation The number of hypoglycemic events declined by 74% versus baseline. Source: Rezolute Investor Presentation The number of hypoglycemic events declined by 74% versus baseline. I highlighted relevant passages.

IT 52

IT Completion Royalty Finance 52

The Energy Law

MARCH 31, 2022

Communications include firm news, insights, and events. 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.

Operator 98

Operator Management E&A Gas 98

The Energy Law

APRIL 19, 2021

Several years later, Eagle purchased several leases and sold them to Chesapeake Exploration, LLC (“Chesapeake”), reserving an overriding royalty interest and a back-in working interest (the “Interests”). When the suit went to trial, the leases subject to the Chesapeake sale had not generated any royalty income.

Royalty 52

Royalty Exploration and Production IT Casing 52

Producer's Edge

DECEMBER 3, 2024

Therefore, under Texas law, working interest owners such as producers and royalty owners automatically possess a security interest in the oil and gas extracted from their properties against said first purchaser, thereby providing protection, clarity, and efficiency in the legal framework governing these transactions.

Gas 52

Gas Oil Finance Division Order 52

The Energy Law

APRIL 30, 2020

Importantly, the first resolution emphasizes “that the Temporary Moratorium and Resumption Period enacted by this Resolution do not allow an operator or lessee to fail to pay royalties if they continue to obtain production during these times. Communications include firm news, insights, and events.

Maintenance 40

Maintenance Energy Energy Royalty 40

The Energy Law

MARCH 10, 2021

Louisiana Revised Statute 31:210 addresses rental and royalty payments that are owed to parties holding an interest in the leased property when an issue arises as to title. Communications include firm news, insights, and events. 31:210 did not apply, and that the Hills’ argument that La.

Oil 52

Oil E&A Royalty Operator 52

The Energy Law

APRIL 19, 2021

Several years later, Eagle purchased several leases and sold them to Chesapeake Exploration, LLC (“Chesapeake”), reserving an overriding royalty interest and a back-in working interest (the “Interests”). When the suit went to trial, the leases subject to the Chesapeake sale had not generated any royalty income.

Exploration and Production 40

Exploration and Production Royalty IT Casing 40

Oil and Gas Investments

JUNE 11, 2025

So the government needs all the employment, taxes and royalties from this asset. The government has a 3% royalty on the Selebi Mine—they are vested in a re-start as quickly as possible! The two largest diamond mines in the world are in Botswana; it’s one of the Top 10 Mining Jurisdictions says The Fraser Institute.

Exploration and Production 52

Exploration and Production Completion Consulting Operator 52

Aresco

NOVEMBER 30, 2023

This category includes lease acquisition fees, rentals, and royalty payments to property owners and mineral rights holders. Lease Costs and Mineral Rights: These costs encompass expenses related to securing the rights to explore, develop, and produce oil and gas on specific properties or land.

Exploration and Production 52

Exploration and Production Consulting Professional Services Oil 52