Face Challenges Confidently

LEASE CLAUSES

Thursday, September 3rd, 2015
Richard F. Brown   The following is not a legal opinion.  You should consult your attorney if the case may be of significance to you.   EOG Resources, Inc. v. Hurt, 357 S.W.3d 144 (Tex. App.—Fort Worth, 2011, pet. denied) held that an oil and gas lessee was not obligated to compensate lessor’s tenant for […]

Thursday, September 3rd, 2015
Richard F. Brown   The following is not a legal opinion.  You should consult your attorney if the case may be of significance to you.   BP America Production Company v. Red Deer Resources, LLC  held that a top lessee’s judgment terminating the base lease could be superseded on appeal by posting a $25,000.00 bond. […]

Thursday, September 3rd, 2015
Richard F. Brown   The following is not a legal opinion.  You should consult your attorney if the case may be of significance to you.   Fain Family First Ltd. P’ship v. EOG Res., Inc., No. 02-12-00081-CV, 2013 WL 1668281 (Tex. App.—Fort Worth Apr. 18, 2013, no pet.) held that a well is not capable […]

Thursday, September 3rd, 2015
Richard F. Brown   The following is not a legal opinion. You should consult your attorney if the case may be of some significance to you.   Marifarms Oil &Gas. Inc. v. Westhoff, 802 S.W.2d 123 (Tex. App.–Fort Worth 1991, no writ), involved a producing lease with one gas well which ceased production for 84 […]

Thursday, September 3rd, 2015
Richard F. Brown   The following is not a legal opinion.  You should consult your attorney if the case may be of significance to you.   Potts v. Chesapeake Exploration, L.L.C.  held that the net-back method should be used to determine market value at the point of sale when there are no comparable sales at […]

Thursday, September 3rd, 2015
Richard F. Brown The following is not a legal opinion.  You should consult your attorney if the case may be of significance to you.   Warren v. Chesapeake Exploration, L.L.C.  held that the royalty clause of an oil and gas lease permitted deduction of post-production costs incurred by lessee in delivering marketable natural gas from […]

Thursday, September 3rd, 2015
Richard F. Brown   The following is not a legal opinion.  You should consult your attorney if the case may be of significance to you.   French v. Occidental Permian Ltd.  held that royalty owners were required to share in the cost of removal of carbon dioxide (“CO2”) from casinghead gas re-injected for secondary recovery […]