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  The success of this argument turned on whether the lease was an oil and gas lease or simply one of real estate. [read post]
14 Mar 2023, 3:12 pm by Evan George
Does anyone really imagine that this project’s greenhouse gas emissions would not adversely affect the habitat of polar bears, or other ice-dependent listed species? [read post]
Alongside the approval of the project, administration also announced that up to 16 million acres of land and water in Alaska will be provided indefinite “maximum protection” from any future oil and gas leasing. [read post]
10 Mar 2023, 12:22 pm by Joe Heaton and Jamie D. Rhymes
One such issue is the applicability of an oil, gas and mineral lease to the production and selling of lithium. [read post]
10 Mar 2023, 11:14 am by Aimee Hess
Continue reading → The post Texas Supreme Court: Post Production Costs Added to Gross Proceeds Royalties appeared first on Texas Oil and Gas Attorney Blog. [read post]
10 Mar 2023, 10:17 am by John McFarland
The lease also contained this provision: If any disposition, contract or sale of oil or gas shall include any reduction or charge for the expenses or costs of production, treatment, transportation, manufacturing, processing or marketing of the oil or gas, then such deduction, expense or costs shall be added to … gross proceeds so that Lessor’s royalty shall never be chargeable directly or indirectly with any costs or expenses other than its pro rata share of… [read post]
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. [read post]
6 Mar 2023, 8:11 am by Jessica N. Vara
Electric vehicles (EVs) are becoming increasingly popular, especially with rising gas prices over the past year. [read post]
3 Mar 2023, 4:12 am by Charles Sartain
When the deed was drafted, 1/8 was the standard royalty for oil and gas leases. [read post]
21 Feb 2023, 1:21 pm by Arthur F. Coon
In a published opinion filed February 6, 2023, the Fourth District Court of Appeal (Div. 3) affirmed a judgment setting aside an addendum to a 2010 program EIR (PEIR) and accompanying approvals for a 275,000-square foot office complex on a 4.95-acre parcel (the “Gemdale project” or “project”) within the 2,800-acre Irvine Business Complex (IBC). [read post]
17 Feb 2023, 3:00 am by Jim Sedor
National/Federal After Helping Prince’s Rise, Trump and Kushner Benefit from Saudi FundsMSN – Michael Kranish (Washington Post) | Published: 2/11/2023 The day after leaving the White House, Jared Kushner created a company he transformed months later into a private equity firm with $2 billion from a sovereign wealth fund chaired by Saudi Crown Prince Mohammed bin Salman. [read post]
15 Feb 2023, 11:16 am by Aaron S. Marines
They could be a result of remote work, or the Great Resignation, or inflation and higher gas prices. [read post]
13 Feb 2023, 1:08 pm by John McFarland
Thistle Creek sued IronRoc to terminate an oil and gas lease it claimed had expired for lack of production in paying quantities. [read post]
2 Feb 2023, 12:32 am by D. Daxton White
    In certain cases, such as those involving alternative investments like non-traded REITs, oil and gas limited partnerships, TICs, equipment leasing funds, etc. [read post]
1 Feb 2023, 1:15 pm by Aimee Hess
However, if you sign an oil and gas lease, or if you don’t own the minerals and the mineral owner has signed an oil and gas lease, many leases allow for seismic testing. [read post]
1 Feb 2023, 8:44 am by Arielle Harris
  Assembly Bill 1279 (Muratsuchi) enacted the California Climate Crisis Act, which declares the policy of the state both to achieve net zero greenhouse gas emissions no later than 2045, to achieve and maintain net negative greenhouse gas emissions thereafter, and to ensure that by 2045, statewide anthropogenic greenhouse gas emissions are reduced to at least 85% below the 1990 levels. [read post]
30 Jan 2023, 6:05 am by Shannon Marcoux
Pacific island nations have taken center stage in recent years as key players in the United States’ strategy to counter China’s growing influence, shining light on the renewal negotiations for a relatively unknown set of treaties – the Compacts of Free Association – which currently provide the United States with unfettered access and strategic denial rights to 2.5 million square miles of the central Pacific Ocean, among many other strategic military benefits. [read post]
29 Jan 2023, 4:29 pm by Stuart Kaplow
        For more information you can read our blog post from last week, Does Your Lease Need Greenhouse Gas Provisions? [read post]