News and Events for Attorneys and Executives

Tag: OilandGas

Texas High Court Invokes the Discovery Rule

News
The Texas Supreme Court has held that the discovery rule delayed the running of the statute of limitations on behalf of the holder of a recorded right of first refusal to purchase mineral interests, reports the Energy & the Law blog of Gray Reed & McGraw.

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What Colorado’s and Washington’s Pro-Energy Votes Could Mean for the Rest of the Industry

What Colorado’s and Washington’s Pro-Energy Votes Could Mean for the Rest of the Industry

Insight
Just because voters in two states rejected measures that energy companies opposed, but that doesn’t mean the fight is over for oil and gas companies, warns Buchanan Ingersoll & Rooney in a website post.

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Expropriation Ruling Explains Landowner’s Burden to Prove Severance Damages to a ‘Legal Certainty’

Expropriation Ruling Explains Landowner’s Burden to Prove Severance Damages to a ‘Legal Certainty’

News
A Louisiana appellate court has added to the relatively sparse body of appellate rulings in pipeline expropriation matters with an unpublished opinion affirming that landowners whose property is expropriated must prove their entitlement to severance damages to a “legal certainty.”

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‘Frack Master’ of Texas Oil Fame Pleads Guilty to Massive Fraud, Faces Up to 12 Years in Prison

News
Christopher Faulkner, the former CEO of Dallas-based Breitling Energy, became a star in business circles for his high-profile media appearances defending hydraulic fracturing or fracking, reports The Dallas Morning News.

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Pipeline Companies Should Do More to Prepare for NTSB Accident Investigations

Pipeline Companies Should Do More to Prepare for NTSB Accident Investigations

Insight
The National Transportation Safety Board is well known for its sleuthing on plane crashes. However, oil and gas executives often need better education about how the agency tackles one of its other responsibilities – investigating pipeline accidents, advise attorneys with the national law firm LeClairRyan.

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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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