Oil And Gas Lawyer Blog

RSS Feed

"Opinion on oil and gas law cases, reports and legislation in Texas."

Author: John B. McFarland is a solo practitioner in Austin, Texas.

Blawg Related Categories: Energy Law • States • Texas • Solo / Small Firm

Recent Posts from Oil and Gas Lawyer Blog

EIA Issues State Rankings in Energy Production and Consumption
The Energy Information Administration has issued rankings of states in production of oil, gas, coal, electricity generation, and energy consumption. Texas ranks prominently in most categories. -- Texas is first in total energy production, producing 10,997…
EIA Says U.S. Natural Gas Reserves Highest Ever
EIA issued the following press release today: U.S. Energy Information Administration Washington, DC 20585 FOR IMMEDIATE RELEASE OCTOBER 29, 2009 Natural Gas Reserves at Record High - Oil Reserves Fall with Lower Price At…
America's Natural Gas Alliance Supports Kerry-Boxer Energy Bill
America's Natural Gas Alliance, a recently formed energy lobbying group formed by natural gas producers, has issued a press release praising the Senate's version of a climate bill. Without actually endorsing the bill, the Alliance…
Accepting Drafts in Payment for Lease Bonus - A Ticking Time Bomb?
The recent volatility in prices for oil and gas leases has raised issues with the time-honored custom in the industry of paying lease bonuses with drafts. Problems have arisin because companies have refused to honor…
Great New Website from Energy Information Administration Explains Energy in Layman's Terms
The U.S. Energy Information Administration has launched a new website that contains wonderful information about energy described in terms laypersons can understand. It can be found at http://tonto/eia.doe.gov/energyexplained/ . Here are some examples of information you can…
Two Energy Executives Call for Disclosure of Chemicals Used in Fracturing
Aubrey McClendon, CEO of Chesapeake Energy, and John Pinkerton, CEO of Range Resources, called for the industry to publicly disclose the chemicals used in hydraulic fracturing. A bill recently introduced in Congress, the FRAC Act,…
House Bill 2259 Imposes Additional Requirements on Operators of Inactive Wells
Prior to the Texas Legislature's passage of House Bill 2259, an operator could leave an inactive well unplugged indefinitely, as long as the oil and gas lease on which the well is located remains in…
Record Gas In Storage Depresses Gas Prices
Gas prices in Texas recently dipped below $2/mmbtu. Companies are shutting in wells to avoid selling at such low prices. Nevertheless, record volumes of gas are going into storage. The chart shows the five-year monthly…
Law Firms Form Coalition to Sue Companies for Reneging on Leases in Barnett Shale
Three law firms in Dallas have joined to sue oil companies who backed out of leases covering lands in Arlington, Texas last fall. The three firms -- Petroff & Associates, Riddle & Williams, P.C., and Mathis…
Delaware Bankruptcy Court Rules Against Texas Producers (and Royalty Owners)
A Delaware bankruptcy judge has ruled in the SemCrude bankruptcy that the claims of Texas producers for unpaid revenues from oil sales are subordinate to the claims of SemCrude's bankers. As a result, the Texas…