Introducing Producer's Edge: Volume 6, Issue 2
Producer’s Edge, Volume 6, Issue 2, brings you regulatory developments, and industry trends tailored for the oil and gas sector.
Producer’s Edge
TEXAS OIL AND GAS LAW BULLETIN
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Who Owns the Void? Oral Arguments at SCOTX Regarding Underground Storage Rights
The Texas Supreme Court heard oral arguments last week in a case that could substantially clarify, or even fundamentally reshape, the characterization and ownership of underground storage rights in Texas.
New Business Courts: Strategic Considerations for Oil and Gas Counsel
The Texas Business Courts will potentially impact a wide range of cases, from high-value contract disputes to intricate corporate governance issues.
COPAS Accounting Procedures: Key Litigation Perspectives
To many oil and gas lawyers the COPAS accounting procedure is sometimes an afterthought. But, in the context of JOA disputes, whether or not directly involving accounting issues, the COPAS procedure can have a critical impacts.
Royalty Recoupment: Operator's Primer for Recovering Overpayments
For oil and gas operators, few things are more frustrating than discovering you may have been overpaying royalties to a person or entity in your paydeck.
Mineral Liens: Collecting Unpaid Debt for Oilfield Service Companies
Purpose and Application of Mineral Liens Everyone in the construction industry is intimately familiar with the "Mechanic's Lien," which gives a security interest in the title to real property (and sometimes personal property) to those who have supplied materials or labor to improve the property. In...
Dirty Tricks & Cheap Moves in the Oilpatch
High risk, high reward. We in the oil and gas industry have been toughened; have been forced to learn to traverse the risk, and to reap the rewards. Heck, oil and gas exploration and production is practically as synonymous with the "American Dream" as we can get. The...
Farmout Agreements: The Basics, Negotiations and Motivations
Farmout Agreements are one of the most widely used agreements in the oil and gas industry.((Special thanks to Professor Lowe for his excellent article on this subject, Analyzing Oil and Gas Farmout Agreements, Sw. L.J. 759 (1987).)) However, there is no largely adopted model form. As such, they...
Terminology Behind Federal Leasing
"Common" Oil and Gas Law As time passes, the "academic minds" have recognized more and more that Oil and Gas Law is not simply a mixture of advanced property law and advanced contract law. To the contrary, the advent and progression of the energy era as...
