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Oil and gas agreements and contracts form the backbone of the energy industry. They provide a legal framework for the....
The correlative rights doctrine is a very important legal doctrine that determines the rights of owners to a common reservoir....
Finding who owns mineral rights in Texas involves four main steps: reviewing the property deed, searching county clerk records, checking....
The habendum clause is the part of a contract that is associated with the interests, property rights, and other related....
If you ever have to sign an oil or gas lease there may be some terms you’re unfamiliar with. It....
Typically, modern mineral rights ownership is not without its complex issues. In the United States, property is everything. The ability....
When you are a surface owner, many questions can arise. This is particularly so when the property has mineral resources.....
Mineral rights is a term that refers to the right to develop and produce a wide selection of minerals taken....
In the United States, the domestic oil and natural gas industry use very specific measures and units. These units have....
Intangible drilling cost is one of those large tax breakouts afforded by oil companies which lets them subtract the cost....
Named after Lawrence Pugh, a Crowley Louisiana attorney who developed the clause in 1947, the Pugh clause may turn out....
Oil and natural gas projects generate substantial tax benefits. Oil represents one of the exceptional tax-advantaged investments for big investors.....
Top leasing oil and gas is a term that refers to a scenario in which an oil and gas lease is implemented....
Oftentimes, oil gas and mineral leases (OGML) - which exist between the production company that holds the lease of the....
Since 1926, the Oil and Gas Depletion Deduction for small producers has been a part of the United States Federal....
Since the mid-1950s, oil and gas have become the most important sources for the global energy industry. Generally, the oil....
It is no stretch to affirm that the oil and gas business is a lucrative one. However, before dabbling into....
The importance of understanding the difference between mineral interest and royalty interest cannot be ignored. After all, the type of....
A Non-Executive Mineral Interest (NEMI) is a type of mineral interest held by an individual or entity. But it does....
Oil and gas investments are a lucrative business. However, there is a need to understand several terms, including Net Revenue....
