Rigzone
JULY 1, 2025
TXOGA noted in its statement that the upstream sector involves oil and natural gas extraction and excludes other industry sectors such as refining, petrochemicals, fuels wholesaling, oilfield equipment manufacturing, pipelines, and gas utilities. It was founded in 1919.
The Energy Law
MARCH 15, 2023
2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. The leases contained the following royalty provisions: 3. Sheppard , — S.W.3d NationsBank”, 939 S.W.2d
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Marcellus Shale Coalition
MAY 12, 2025
With access to one of the largest natural gas reserves in the world, the region has seen hundreds of thousands of family-sustaining jobs created across sectors not only in drilling and pipeline operations, but also in manufacturing, construction, engineering, and local service industries. These comments echoed those at the MSCs Shale 2.0
The Energy Law
JUNE 21, 2016
At issue in Southwest Royalties, Inc. The State contended that bringing minerals to the surface does not constitute “manufacturing,” and put on evidence to show that the phase changes identified by Southwest were the result of natural changes in pressure in temperature and were not caused by Southwest’s equipment.
Marcellus Shale Coalition
APRIL 1, 2025
Her remarks reflect a common theme coming out of the general membership meeting: Pennsylvanias natural gas resources are the engine keeping Pittsburgh and Western PAs economy moving from the worlds first independently-powered airport to the citys burgeoning tech, R&D and manufacturing sectors.
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. This presents a significant opportunity for the Gulf of Mexico to be in a leading role in helping the U.S.
The Energy Law
MARCH 10, 2023
First, the Advanced Manufacturing Production Credit grants a tax credit equal to 10% of the costs incurred to produce any critical minerals, [1] including lithium. [2] Accordingly, the recently passed Inflation Reduction Act (“IRA”) seeks to amplify domestic lithium production through two tax credits.
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