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21 Mar 2024, 9:24 am
In a partially published (but mostly unpublished) opinion filed on March 7, 2024, the Fifth District Court of Appeal reversed the trial court’s judgment and writ-discharge order which had upheld Kern County’s most recently revised “streamlined permitting” ordinance for oil and gas wells and its associated CEQA review. [read post]
17 Mar 2024, 11:35 am
. ________________________ Join us for our upcoming Strafford live webinar, “Greenhouse Gas Emission Laws Now Impact Commercial Leases” on Thursday, May 2, at 1 pm ET. [read post]
15 Mar 2024, 9:14 am
The 5th Circuit did so here, asking the Texas Supreme Court: “can a market-value-at-the-well lease containing an off-lease-use-of-gas clause and a free-on-lease-use clause be interpreted to allow for the deduction of gas used off lease in the post-production process? [read post]
13 Mar 2024, 12:00 pm
BLM decided to suspend the Methane Waste Prevention Rule that sought to reduce waste of natural gas from venting, flaring, and leaks during oil and gas production on onshore leases. [read post]
10 Mar 2024, 2:56 pm
Even with the uncertainty arising from already commenced judicial challenges, it is of critical import that the thousands of SEC reporting companies (.. and their landlords, utilities, and others) promptly create the internal processes and commence collection of data for fiscal year 2025 disclosures and financial statements required by the Final Rule. _________________________ Join us for our upcoming Strafford live webinar, “Greenhouse Gas Emission Laws Now Impact Commercial… [read post]
23 Feb 2024, 10:41 am
” Those factors included, for example, (1) the final Environmental Analysis (EA) improperly stated that the leases would yield no change in greenhouse gas emissions or climate impacts; (2) there would be no “appreciable market effects impacting usage or emissions over any period”; (3) there would be no socioeconomic impacts; and (4) there would be no impacts on water resources. [read post]
22 Feb 2024, 6:56 am
When Hilcorp produced gas on the Leased Premises, it transported the gas off the Leased Premises, where it used some of the gas produced from the Leased Premises to make the remaining gas marketable. [read post]
20 Feb 2024, 7:47 am
§ 250.1409 (applicable to appeals of penalties assessed to federal offshore oil, gas, and sulphur leases) and § 290.4 (applicable to appeals of penalties assessed to all types of federal offshore leases, including renewable energy) to make clear the bonding requirements are a prerequisite which must be satisfied before a civil penalty appeal is deemed filed and within the 60-day period applicable to appeals of BSEE decisions; otherwise, the IBLA will be… [read post]
20 Feb 2024, 4:37 am
There was a habendum clause (“… for as long thereafter, … ) similar to that found in an oil and gas lease. [read post]
19 Feb 2024, 6:00 am
Those include checking lease applicants for past bankruptcies and legal actions, and updating and clarifying lease terms to specify what materials are deemed “hazardous” and specifically to prohibit items like wood, paper, trash, oil, gas, tires and industrial chemicals. [read post]
12 Feb 2024, 6:37 am
In addition, various tribes seek the realization of robust tribal community benefits agreements (or as the CEC has dubbed them, TCBAs) with lease holders and agencies. [read post]
6 Feb 2024, 6:13 am
DDPs include products such as non-traded REITs, oil and gas offerings, equipment leasing products, and other alternative investments. [read post]
5 Feb 2024, 6:10 am
DDPs include products such as non-traded REITs, oil and gas offerings, equipment leasing products, and other alternative investments. [read post]
1 Feb 2024, 3:17 am
The cost may vary widely: for example, the US Department of Agriculture charges $120 for an Animal Welfare Act (AWA) license that lasts three years,[3] but the Bureau of Land Management has a filing fee of $10,900 for permits to drill on federal oil and gas leases, valid for two years or until the lease expires.[4] Most states charge around $50 to $200 for a new business license[5]. [read post]
31 Jan 2024, 12:28 am
Although not contentious, I am satisfied that the draft lease complies with section 68 and, as such, authority should be granted to enable the identified parties to enter into the lease and consent given pursuant to s.68 of the Measure”. [read post]
30 Jan 2024, 1:56 pm
XTO Energy agreed to pay $16 million to settle charges it violated the False Claims Act by underpaying royalties it owed on natural gas produced from federal and Native American lands. [read post]
30 Jan 2024, 9:50 am
Governance Issues frequently are the heart of corporate and securities lawsuits. [read post]
24 Jan 2024, 4:00 am
LEASE PROVIDED FOR CONTINUED RESIDENCY (SUBJECT TO RENT PAYMENT)After a landlord brought a licensee holdover against a superintendent -- seeking to evict him because his employment had been terminated -- the New York County Civil Court ended up dismissing the case, because he had been given an enforceable 5-year lease agreement which allowed him to remain in possession even after he lost his job.On appeal, the Appellate Term, First Department, noted that the Civil Court had… [read post]
23 Jan 2024, 4:58 pm
Lessees are required to pay monthly royalties to the federal government for any oil and gas removed or sold from the lease. [read post]
22 Jan 2024, 8:14 am
DDPs include products such as non-traded REITs, oil and gas offerings, equipment leasing products, and other alternative investments. [read post]
