Jesse Jenkins of the Energy Collective ponders the question. He reports as follows:
This is a tale of two regulatory schemes.
First, there is the federal way, and I’m not making this up: In my last post we learned that if the BLM, when preparing its PRMP/FEIS (which in some incomprehensible way is different from a PRMP/EIS, but which nevertheless includes an RFD) which is issued by an
In an opinion with as many acronyms as the Dallas Cowboys have draft-pick detractors, a California federal court in 
Center For Biological Diversity v. Bureau of Land Management, held that the BLM violated the National Environmental Policy Act in its assessment of oil and gas leases on federal lands in California. A “FONSI” –
If it ain’t broke, don’t fix it. Or, as said by the Pennsylvania Supreme Court, “A rule of property long acquiesced in should not be overthrown except for compelling reasons of public policy or the imperative demands of justice.” There were no such imperatives in Butler vs. Charles Powers Estate, in which the Court
The Texas Railroad Commission is going through the Sunset review required every 10 years for all state agencies. If approved, the pending legislation (House Bill 2166) would:
A New Name
• Change the name of the agency to the Texas Energy Resources Commission.
Campaign Finance Reform
• Limit the ability of commissioners and
This post is not from a global warming denier. But I do appreciate even-handed assessments of the situation. Here are two reports that fit the bill.
In the London Telegraph, Geoffrey Lean says that recent research suggests climate change might not be as catastrophic as the gloomiest forecasts. But he warns that it will
Co-author Jonathan Nowlin
I learned to drive on an old, black, stick-shift, straight-six, no-radio, no-A/C automobile manufactured the year after the AAPL’s first Form 610 – Model Form Operating Agreement was created. The ’57 Chevy is now considered a classic. Not so with the 1956 Model Form, which is generally considered a relic. Clovelly Oil
Valid Description? We don’t need no valid stinking description!
Actually, in May v. Buck, a Texas Court of Appeals says you do. The need for a sufficient property description in a oil and gas transaction seems like an easy-enough and fundamental concept to grasp, but its application has escaped many a
You are negotiating a master service agreement, exploration agreement, farmout, or other oil-field contract, and the other side proposes that all disputes be resolved by arbitration. Should you agree?
The answer? It depends. I try lawsuits, advocate in arbitrations, and preside as an arbitrator, so I’m often asked this question. The answer isn’t the same
Texas’s proposed Oil and Gas Majority Rights Protection Act(House Bill 100) has many detractors whose reasons are intense and varied. Here are some of them:
It’s About Liberty
It’s my property that I’ve worked for years to develop (or not, but that’s my concern and not yours). I should be able