Newsletter
Litigation

U.S. Fifth Circuit Punts Oil and Gas Royalty Spat to Texas Supreme Court

By 5 Mins Read



U.S. 5th Circuit Punts Oil and Gas Royalty Spat to Texas Supreme Court | Texas Lawyer
















Page Printed From:

https://www.law.com/texaslawyer/2024/03/20/u-s-fifth-circuit-punts-oil-and-gas-royalty-spat-to-texas-supreme-court/

Bracewell partner Jeffrey Oldham arguing before the Texas Supreme Court. Credit: SCOTx video archives.

Oil and gas producers are at odds with land and mineral owners over a recent Texas Supreme Court decision, and are disputing whether producers can continue to deduct post-production costs from certain uses of extracted natural gas.

March 20, 2024 at 04:26 PM

4 minute read

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

What You Need to Know

  • The Texas Supreme Court heard argument on a federal certified question over what royalty rights land and mineral owners have.
  • At issue is whether energy producers can still deduct post-production costs on off-lease uses of gas.
  • The issue is fallout from how mineral owners have interpreted a 2021 Texas Supreme Court decision.

Texas Supreme Court justices heard argument on an oil and gas lease issue that stymied the U.S. Court of Appeals for the Fifth Circuit and has Texas mineral owners and energy producers butting heads.

Land and mineral owners have raised a novel challenge that is based on their reading of a state supreme court 2021 decision, Bluestone Nat. Res. II LLC v. Randle.

You Might Like

4 minute read

5 minute read

4 minute read

5 minute read

More From ALM

Premium Subscription

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now

Team Accounts

Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now

Bundle Subscriptions

Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now

Florida Legal Awards 2024


April 04, 2024
Miami, FL

Daily Business Review honors attorneys and judges who have made a remarkable difference in the legal profession in Florida.

Learn More

ATTORNEY

Hankin Sandman Palladino Weintrob & BellAtlantic City-based law firm seeking an Associate with 0 to 5 years of experience to work in the…

Apply Now ›

ANSELL GRIMM & AARON


03/04/2024
New Jersey Law Journal

Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/

View Announcement ›



Share.

Related Posts

Exit mobile version