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. Image by EyeEm Mobile GmbH via iStock Gran Tierra Energy Inc.

Exploration and Production 67

Exploration and Production Energy Energy Completion 67

Producer's Edge

APRIL 30, 2025

Court Interprets “Free of Cost Forever” Royalty Language Broadly In this case ( Fasken Oil & Ranch, Ltd. Background: 1960 Deed and Royalty Dispute The dispute arose from a 1960 deed where B.A. Hyder , which also addressed a royalty provision with “cost-free” language. 30, 2024, no pet.

Royalty 52

Royalty Exploration and Production Royalty Interest Casing 52

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 130

Royalty Interest Gas Royalty Operator 130

Valor

JUNE 10, 2025

A mineral lease grants an operator the right to explore for and produce oil, gas, or other minerals from your property. In exchange, you can receive a bonus payment upfront and ongoing royalties from production. Royalty Rate : The percentage of production revenue you’re entitled to.

Management 52

Management Royalty Exploration and Production Operator 52

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 In response to today’s announcement that Viper Energy, a subsidiary of Diamondback Energy, would acquire Sitio Royalties Corp for $4.1 billion inclusive of net debt. billion in 2022.

Royalty 130

Royalty Basin Royalty Interest Upstream 130

Oil & Gas 360º

MAY 30, 2025

(Oil & Gas 360) – Publisher’s Note: EOG Resources will present at EneCom Denver – The Energy Investment Conference at the Westin Downtown , August 17-20, 2025. Pro forma production totals 275,000 barrels of oil equivalent per day creating a leading producer in the Utica shale play. Register to attend.

Exploration and Production 130

Exploration and Production Natural Gas Crude Oil Energy 130

Oil & Gas 360º

MAY 8, 2025

(World Oil) – Permian Resources has reached an agreement to buy core assets in the Delaware basin from Apache parent company APA Corp. 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.

Basin 130

Basin Royalty Operator Utilities 130

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 52

Royalty Exploration and Production Downstream Transportation 52

The Energy Law

APRIL 21, 2010

The Louisiana Mineral and Energy Board is currently reviewing an incentive proposal that would offer a “royalty relief incentive” on new drilling leases along the Louisiana coast. Specifically, the proposal would offer royalties for a period of three years for wells drilled to a depth of fifteen thousand feet along the coastal zone.

Royalty 40

Royalty Gas Oil Exploration and Production 40

Oil & Gas 360º

MARCH 10, 2025

(Oil & Gas 360) Publisher’s Note: Whitecap Resources will be presenting at the 30th Anniversary EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. million acres in Alberta.

Energy 130

Energy Energy Exploration and Production Natural Gas 130

Oil & Gas 360º

MARCH 20, 2025

(Oil & Gas 360) – CanCambria Energy Corp. 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. About CanCambria Energy Corp.

Exploration and Appraisal 130

Exploration and Appraisal Energy Energy E&A 130

Oil & Gas 360º

MAY 12, 2025

(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. The company holds 100% working interest and 98% net royalty interest across the greater BA-IX mining license at the Kiskunhalas project. CanCambria Energy Corp.

Gas 130

Gas Exploration and Appraisal Energy Energy 130

The Energy Law

JUNE 12, 2017

On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] Tauren Exploration, Inc. Tauren Exploration, Inc.

Royalty 40

Royalty E&P Exploration and Production Operator 40

Drillers

MARCH 24, 2020

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

Oil 52

Oil Royalty Exploration and Production Government 52

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

MAY 22, 2023

The rising demand for lithium, combined with Federal tax credits for lithium production, has intensified lithium exploration efforts. Formed during the Jurassic period, this geological formation has been tapped for oil and gas, as well as brine for production of bromine, since the 1950s.

Exploration and Production 98

Exploration and Production Operator E&A Oil 98

Iraq Business News: Oil & Gas

APRIL 2, 2025

issued by the UK's Financial Conduct Authority ('DTR 4.3A') and in accordance with The Reports on Payments to Governments Regulations 2014 (as amended in 2015) (the 'UK Regulations') and our interpretation of the Industry Guidance on the UK Regulations issued by the International Association of Oil & Gas Producers.

Royalty 45

Royalty BBL Exploration and Production Government 45

The Energy Law

OCTOBER 4, 2018

In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. August 2018 was not an anomaly. El Paso E & P Co. , 2d 640, 641-43 (W.D.

Exploration and Production 52

Exploration and Production Gas E&P E&A 52

The Energy Law

JUNE 18, 2015

Like the final season of ABC’s hit series Lost , the Texas Supreme Court’s opinion in Chesapeake Exploration, L.L.C. The 5-4 decision, authored by Justice Hecht, is the latest in a series of cases from high courts across the country addressing the sharing of “post-production costs” between royalty owners and oil and gas lessees.

Royalty 40

Royalty IT Exploration and Production Gas 40

Reporting Oil and Gas

NOVEMBER 26, 2023

The Minister for Lands and Natural Resources, Samuel Abu Jinapor, commended President Akufo-Addo and Vice President Dr. Mahamudu Bawumia for the successful implementation of the Gold for Oil Policy, hailing it as a pivotal strategy that stabilized the local currency and alleviated fuel costs.

Crude Oil 52

Crude Oil Oil Government Exploration and Production 52

The Energy Law

MARCH 26, 2019

District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. 30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3]

Operator 52

Operator Exploration and Production Casing E&A 52

Oil & Gas 360º

APRIL 24, 2025

royalty on gross revenues from the lithium that Standard Lithium produces and sells from the TETRA option acreage. Investors are cautioned that mineral resources do not have demonstrated economic value and further exploration may not result in the estimation of a mineral reserve. The option agreement compensates TETRA with a 2.5%

Engineer 130

Engineer Engineering Exploration and Production Operator 130

The Energy Law

SEPTEMBER 23, 2008

Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. per MMBtu, unless lease royalties were renegotiated with the Secretary , imposes Conservation of Resources Fee on nonproducing lease acreage of $3.75

Royalty 40

Royalty Energy Energy Exploration and Production 40

Oil Review Middle East

MARCH 11, 2025

Huntings recent announcement of the acquisition of the Organic Oil Recovery (OOR) enhanced oil recovery technology from its founding shareholders, for US$17.5mn, also has the potential to boost this expansion, as it will allow the company to accelerate commercialisation across North America and the rest of the world.

Exploration and Production 45

Exploration and Production Field Oil Operator 45

The Energy Law

MARCH 28, 2022

Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed. Carbon capture, utilization, and storage (CCUS) projects involve various legal issues.

Underground Injection Control 98

Underground Injection Control Operator Exploration and Production E&A 98

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. In this blog, well break down what IDCs are, provide real-world examples, explore their tax treatment, and discuss how excess IDCs could affect your tax strategy.

Exploration and Production 52

Exploration and Production Consulting Professional Services Oil 52

The Energy Law

APRIL 19, 2021

The Texas Supreme Court recently released its anticipated opinion in Eagle Oil & Gas Co. TRO-X”) and Eagle Oil & Gas Co. Eagle”) regarding their agreement to jointly acquire and sell oil and gas leases. In the first, Eagle Oil & Gas Co. TRO-X, L.P. , 18-0983, 2021 WL 1045723, at *1 (Tex.

Royalty 52

Royalty Exploration and Production IT Casing 52

The Energy Law

APRIL 19, 2021

The Texas Supreme Court recently released its anticipated opinion in Eagle Oil & Gas Co. TRO-X”) and Eagle Oil & Gas Co. Eagle”) regarding their agreement to jointly acquire and sell oil and gas leases. In the first, Eagle Oil & Gas Co. TRO-X, L.P. , 18-0983, 2021 WL 1045723, at *1 (Tex.

Exploration and Production 40

Exploration and Production Royalty IT Casing 40

Novi

MARCH 11, 2025

Oil & Gas data the billions of data points collected across operationsis poised to become the most critical asset in your portfolio. Oil and gas companies gained flexibility and reduced infrastructure costs, but the software was generalized and required extensive customization to meet industry-specific needs.

Upstream 52

Upstream Exploration and Production Operator Oil 52

The Energy Law

JUNE 12, 2017

Tauren Exploration, Inc. , 1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] Tauren Exploration, Inc. , 4] $242,029.26

Royalty 40

Royalty Exploration and Production Royalty Interest Casing 40

Oil and Gas Investments

JUNE 11, 2025

But Giustra brought in a new operating team, and led the initial finance rounds into West Red Lake Gold Mines (WRLG-TSX) —and now, VOILA—they just announced commercial production. Having all these past benefits ready to go saves time and money in getting to production: 1. Mining leases are in place. I want everyone to understand 3.4%

Exploration and Production 52

Exploration and Production Completion Consulting Operator 52

Oil and Gas Investments

NOVEMBER 27, 2024

Production from Latin America represents just a sliver of overall supply. That mine is owned by Mosaic, who will give the mine a small increase in production in 2024 from 350,000 tonnes to 400K. But that is about to change when Brazil Potash’s Autazes mine lifts off into production. Getting to production is the challenge.

Casing 52

Casing Exploration and Production Royalty Transportation 52

Oil and Gas Investments

OCTOBER 10, 2024

Both deposits have recent feasibility studies showing they will produce 100,000 oz of gold per year for over a decade–with lots of exploration upside to realize through that time. Once production financing is in place, it takes us to the 200,000 ounce a year production level200,000 low cost ounces a yearde-risked.

Exploration and Production 52

Exploration and Production Finance Royalty Management 52

The Energy Law

MARCH 10, 2021

A recent decision from the Louisiana First Circuit Court of Appeal may have lasting effects on good faith purchasers of oil. TMR Exploration, Inc , 2021 WL 267916, the First Circuit affirmed a district court ruling on summary judgment applying the good faith purchaser defense provision set forth in La.

Oil 40

Oil E&A Exploration and Production Royalty 40

The Energy Law

NOVEMBER 7, 2014

Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments.

Offshore 40

Offshore Exploration and Production Government Oil 40

Oil and Gas Investments

NOVEMBER 13, 2024

Borealis Mining (BOGO-TSXv) has what every other gold exploration company wishes they had: Production– they just announced their SECOND gold pour since going public in September. They expect to do one pour a month from now until next summer when a more consistent production program will take over. It has everything I want.

Exploration and Production 52

Exploration and Production IT Royalty Management 52

Oil & Gas 360º

MARCH 28, 2025

Aethon is exploring an IPO or asset sales, given demand for its product. Momentum Minerals also told Reuters on Monday the mineral rights and royalties company is raising a fourth fund with partner Apollo Global Management to buy more rights in Haynesville and in the Permian, the top U.S. oilfield. billion on its U.S.

Basin 130

Basin Gas Natural Gas Royalty 130