News and Events for Attorneys and Executives

Tag: OilandGas

What Will the 2018 Elections in Colorado, New Mexico, Wyoming and Alaska Mean for the Energy Industry?

What Will the 2018 Elections in Colorado, New Mexico, Wyoming and Alaska Mean for the Energy Industry?

News
Holland & Hart will host a complimentary Energy and Resource lunch and seminar, discussing how governors’ races, along with potential shifts in the make-up of state legislatures, might affect energy policy and future development in several states.

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Webinar Looks at Research on Landowner Coalitions in Shale Gas Development

Webinar. Thursday, August 23, 1 p.m. EDT
Marcellus Shale landowner coalitions – their form, function and impact – will be the topic of a one-hour, web-based seminar offered by Penn State Extension at 1 p.m. on Thursday, Aug. 23, 2018.

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Department of Energy Streamlines Small-Scale LNG Export Authorizations

Insight
The Department of Energy has announced a final rule that will expedite the approval process for small-scale exports of natural gas, reports Cadwalader.

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5th Circuit: How to Determine Whether a Contract Is (Or Is Not) Maritime

5th Circuit: How to Determine Whether a Contract Is (Or Is Not) Maritime

Insight
The 5th Circuit is sending a signal that it intends to use Doiron to “clean house,” hopefully bringing more uniformity to the maritime contract determination, according to Liskow & Lewis

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Court Affirms Take-Nothing Verdict for Company Harmed by Texas Ponzi Scheme

News
A federal district court judge has affirmed a take-nothing defense verdict for the owner of an Oklahoma City-based company that unknowingly provided services in connection with a mineral royalties Ponzi scheme.

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Webinar: Start-ups Driving Innovation in Upstream Oil & Gas

Webinar, July 31, 10 a.m. CDT
Frost & Sullivan’s Oil & Gas Innovation Council will present a complimentary webinar titled “Start-ups Driving Innovation in Upstream Oil & Gas” on Tuesday, July 31, 2018, at 10 a.m. CDT.

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Texas Supreme Court Redefines an Offset Well Clause

News
The Court purported to limit its holding to these facts, but the opinion could have far-reaching consequences, according to Gray Reed & McGraw.

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Oil Firm, Once Called ‘Wolf of Wall Street Type’ Company, Sued By SEC for Fraud

News
Company brochures said that some of the wells were expected to provide returns of 300 to 500 percent, a number the SEC said conflicted with geologist production estimates, reports The Dallas Morning News.

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Texas Court Holds Drop in Oil Prices is Not Force Majeure

News
Oil and gas operators should be careful to expressly identify any market-based risks that they want to encompass within force majeure provisions, advises Liskow & Lewis.

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AZA’s Tim Shelby Appointed to Texas State Bar’s Oil & Gas Jury Charges Committee

News
Tim Shelby, a partner in Ahmad, Zavitsanos, Anaipakos, Alavi & Mensing P.C., or AZA, was appointed to a three-year term on the State Bar of Texas’ Oil & Gas Pattern Jury Charges Committee.

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Ask and You Shall (Not?) Receive: Retained Acreage Clauses and the Texas Supreme Court

Ask and You Shall (Not?) Receive: Retained Acreage Clauses and the Texas Supreme Court

News
Two Texas Supreme Court decisions confirm that retained acreage clauses that vary in language from one instrument to another will likely vary in effect, according to Gray Reed & McGraw’s Energy & the Law blog.

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5th Circuit Sets New Test to Determine If Certain Contracts on Navigable Waters Are Maritime

News
The Fifth Circuit departed from the six-factor test used in cases like Davis & Sons in favor of a new, stream-lined two-pronged test to determine whether a contract like the one at issue was maritime in nature, according to Duane Morris LLP.

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20 Dismissed Colorado Royalty Cases: Is There a Good-Faith Basis for Filing in District Court?

News
Two judges of the District Court for the City and County of Denver dismissed royalty underpayment lawsuits for failure to exhaust administrative remedies before the Commission, reports BakerHostetler.

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Joint Ventures in the Oil and Gas Industry: Upstream Joint Ventures

Joint Ventures in the Oil and Gas Industry: Upstream Joint Ventures

On-Demand
This Latham & Watkins series explores market trends driving recent joint ventures, as well as structural options, potential challenges, and other considerations related to joint ventures, within both the midstream and upstream spaces.

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Term Royalty Interests Survive the Rule Against Perpetuities in Texas

News
The rule provides “that no interest within its scope is good unless it must vest, if at all, not later than twenty-one years after some life in being at the creation of the interest.”

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An Indemnity Agreement Means What it Says

Insight
Parties can write an agreement to indemnify one another against claims they later assert against each other. To do so, the parties must expressly and specifically state that intention, writes Charles Sartain of Gray Reed.

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Political and Economic Realities Hamper Efforts to Reopen U.S. Waters to Offshore Drilling

Insight
A post on the website of Haynes and Boone calls attention to an apparent failure to acknowledge economic realities of oil and gas leasing and operating in the Outer Continental Shelf.

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Landman Contract Defeated by the Statute of Frauds

Insight
Gray Reed & McGraw’s Energy & the Law blog describes a contract case in which an oil and gas landman found out that the contract he signed with a purported agent for a client was unenforceable.

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On-Demand: The Current (and Future) State of Oil and Gas M&A

On-Demand
Gibson, Dunn & Crutcher has posted an on-demand webcast that discusses what the firm has been seeing and expects to see in the future in regard to mergers and acquisitions in the oil and gas industry.

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Tax Reform Impact On Energy? Short Answer: MLPs Are Fine

Tax Reform Impact On Energy? Short Answer: MLPs Are Fine

Insight
Baker Botts partner Mike Bresson told listeners at the beginning of the law firm’s recent webinar that “Master limited partnerships [MLPs] did just fine on tax reform.”

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