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7 Oct 2014, 2:42 am
The Indiana Court of Appeals recently issued an opinion explaining the difference between two common types of termination clauses in oils and gas leases. [read post]
2 Mar 2009, 4:20 pm
Landowners in Texas are often surprised to learn that oil companies have no obligation to compensate them for use of their lands, or to restore the lands after their use, absent a contractual requirement to do so in their oil and gas lease. [read post]
5 Oct 2009, 11:31 am
As a Texas oil and gas attorney, I have observed that it has been a slow year so far for leasing and drilling activity. [read post]
12 Jul 2010, 4:50 am
State, 2010 Ga. [read post]
16 Jan 2015, 1:12 pm
Did you know that revenue generated from federal oil and gas production is one of the largest nontax sources of federal government funds, accounting for about $9 billion in fiscal year 2009 and $10.1 billion in each of fiscal years 2010 and 2011? [read post]
9 Mar 2014, 4:20 pm
Shell signed a lease for property in Monanca. [read post]
20 Nov 2020, 7:35 am
As it “is impossible to transfer rights to an assignee under an expired mineral lease,” in a case where oil, gas and mineral leases had expired prior to plaintiff’s acquisition of the property, the Louisiana Third Circuit Court of Appeal in Litel Explorations, L.L.C. v. [read post]
18 Jan 2012, 5:03 am
Residents with natural gas leases also are frustrated. [read post]
18 Aug 2022, 11:09 am
A US Circuit Court judge Wednesday lifted an injunction against a federal “pause” on oil and natural gas leasing after a previous enjoinment prevented the ban from going into effect. [read post]
26 May 2017, 12:29 pm
Background Forest Oil leased roughly 1500 acres from McAllen Ranch (owned by James McAllen) in the mid-1980’s, where it has been producing and processing natural gas. [read post]
2 Jun 2017, 12:29 pm
Background Forest Oil leased roughly 1500 acres from McAllen Ranch (owned by James McAllen) in the mid-1980’s, where it has been producing and processing natural gas. [read post]
7 Sep 2012, 5:16 am
Senator Pat Toomey made a stop in Wayne County Pennsylvania yesterday and met with a group of natural gas lease holders who are anxious for “fracking” to commence in their community. [read post]
6 Apr 2015, 9:28 pm
Legal backdrop Royalty clauses typically require payment of royalty for oil and gas “produced from the Leased Premises and sold or used on or off the Leased Premises”. [read post]
9 Jun 2013, 5:04 am
The excellent story interviews several rural landowners with natural gas leases but no immediate prospects for drilling on their properties. [read post]
22 Nov 2011, 5:02 am
Rent amounts are no barrier to lease agreements for the gas industry. [read post]
31 May 2012, 5:46 am
However, the company is a mojor player in natural gas drilling and hold significant numbers of gas drilling leases. [read post]
18 May 2022, 8:02 am
Since gas had been produced under the Kettler lease with no cessation greater than 90 consecutive days, the lease was in force and effect. [read post]
29 Jun 2012, 1:23 pm
Outer Continental Shelf Oil and Gas Leasing Program makes available areas focused on the most likely recoverable oil and gas resources that the U.S. [read post]
9 Nov 2022, 4:34 am
As a lease, Exxon’s income didn’t include the portion of oil and gas revenues it paid to Qatar and Malaysia as royalties. [read post]
21 Feb 2019, 7:28 am
A higher degree of lease management and the requirement to pay royalties on the gas flared likely correlated to better performance. [read post]