Most of the time, if you read Stroud et al v. Hosford et al. even Hamilton Burger might have won on these facts. But when a lease subject to an override is terminated and replaced by another, Texas cases usually end up against the overriding royalty owner.
The Holding:
The court agreed with the jury
Gasland II made its villainous debut this week on HBO. It‘s more egregious than the first in that it not only repeats disproven scenarios, but adds new ones that are equally misinformed. I complain about these injustices as a hobby, so
Many years ago, in the days of cheap oil and cheaper natural gas, The Superior Oil Company often hired geologists and engineers away from Mobil Oil. As a result of many years of attracting good talent, Superior became the largest independent producer in the U.S. In 1986 Mobil acquired Superior. It was said at the
We begin with a tribute to global warming of a different sort.
For those not yet overexposed to reports on President Obama’s climate change policy announcement, I offer this reasonably objective factual summary of the highlights from the Washington Post (rather than the platitudes underlying many reports). A link to the text of the President’s
A provision in a contract, no matter how unequivocal, does not always trump the law. The oil and gas lease allowed assignments, but no change or division in ownership of the land or royalties would be binding on the lessee until the acquiring party had furnished lessee with the instruments constituting his chain of title
At Looper Reed we advise our clients that it is good business to accommodate your neighbor informally, if you can. Sometimes that leads to attempted world domination, as Chamberlain learned from Hitler in 1938. Closer to home it is my college-age son using his bedroom floor as a summertime closet. It can also lead to
Politico and other sources report that President Obama promised a crowd of supporters in northern California recently that he would unveil his climate change strategy sometime soon. What it might look like is unknown. It has been suggested that the policy will revolve around EPA pollution sources like power plants.
It is reported that there
Co-author Jason Emmitte
The Texas Railroad Commission has clarified and strengthened Rule 13, relating to requirements for drilling, putting pipe down, and cementing wells. The amendment will go into effect on January 1, 2014.
Generally, the revisions govern the casing and cementing of all wells, unlike previous versions. Highlights are:
Co-author Travis Booher
The regular session of the 2013 Texas Legislature is over and now it’s time to assess the damage. Bills significant to the oil and gas industry, and their fate, are as follows:
HB 100 – Forced unitization: Failed. Regardless of your opinion of the merits, this was no surprise.
SB 108 –
First, an admission and a regret: My June 6 post missed the 69th anniversary of an episode as significant as any in our country’s history: D-Day. I think I know why. As time passes and the participants in that venture become fewer, there aren’t as many left to tell the story, the celebrations dwindle, and