Louisiana Governor Bobby Jindal signed into law two bills significantly revising Louisiana’s oilfield cleanup statute, La. R. S 30:29. The new law affects the procedures for remediating oil field pollution and resolving oilfield contamination claims. The purupose is to expedite the remediation process and the resolution of claims.
For the highlights that were important
This non-oil and gas case should be of interest to startups and those of you who run “lean and mean” operation. Thanks to Jerry Murray at Goldin Peiser & Peiser, LLP for bringing it to my attention.
You file the paperwork to set up a corporation so that your personal assets are shielded from assault
Question: Can a landowner enforce a right of first refusal bargained for by his predecessor? Answer: It depends. (Note to self: Why do you always say that in your posts? Because, as Texas Rangers’ manager Ron Washington might say, “That’s the way the law go”.) The answer in MPH Production Co. v. Smith et
Here in the south, we know all bourbon is whisky, but not all whisky is bourbon. In El Paso Marketing, LP and Enterprise Pipeline LLC v. Wolf Hollow I, L.P., the Texas Supreme Court held that all natural gas is power, but not all power is natural gas.
The Dispute
This case
Finally, a criminal case those who raise money should consider. Hays v. State informs us of several basic rules to follow when selling oil and gas interests to strangers. They are simple but important:
Rule 1: If you tell your targets that you are raising the money to drill a well, you should go ahead
Why don’t we learn from other people’s mistakes? I have no idea, but Sewing v. Bowman is a good example of what happens when we don’t. The question was whether or not two friends of almost 50 years formed a partnership. This case is not about buying leases and drilling wells, but it very well
“Reports that say that something hasn’t happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns —
It ‘s tough to find an interesting picture of a title dispute, so here’s a musical interlude. You never can tell how the court will construe a complicated property deed.
Can the seller of land retain half of the minerals he owns in the property if he doesn’t actually reserve anything? Yes, he can, says
The oil patch breathed a collective sigh of relief on June 13 when the US Fish and Wildlife Service announced it would withdraw its proposal to list the dunes sagebrush lizard (which inhabits parts of eastern New Mexico and Texas’s Permian Basin) as threatened or endangered under the Endangered Species Act (the
The predator returns.
I don’t usually forward content created by others, and I try to avoid overtly political entries, but this one is from the June 14 Daily Policy Digest of the National Center for Policy Analysis. It is worth reading if you pay attention to energy and environmental policy:
“For the last three years,