Industry Update - March 1, 2021
[1]Rig Count Overview & Summary Count as of February 26, 2021, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited 03/01/2021); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited 03/01/2021) (follow “Rigs by State –… Read more
Industry Update - February 22, 2021
[1]Rig Count Overview & Summary Count as of February 19, 2021, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited 02/22/2021); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited 02/22/… Read more
Industry Update - February 15, 2021
[1]Rig Count Overview & Summary Count as of February 12, 2021, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited 02/15/2021); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited 02/15/… Read more
Industry Update - February 1, 2021
[1]Rig Count Overview & Summary Count as of January 29, 2021, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited 02/01/2021); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited 02/01/2021) (follow “Rigs by… Read more
Industry Update - January 25, 2021
[1]Rig Count Overview & Summary Count as of January 22, 2021, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited 01/25/2021); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited 01/25/2021) (follow “Rigs by… Read more
West v. Bode: The Ohio Marketable Title Act and Dormant Mineral Act
By: Timothy L. Thorne On December 2, 2020, in the case of West v. Bode, the Supreme Court of Ohio clarified that the Ohio Marketable Title Act (“MTA”) and the Ohio Dormant Mineral Act (“DMA”) are, “independent, alternative statutory mechanisms that may be used to reunite severed mineral interests… Read more
Industry Update - January 18, 2021
The U.S. Energy Information Administration forecasted in its January 2021 Short-Term Energy Outlook (“STEO”) that annual U.S. crude oil production will decline slightly from its 2020 levels as a result of decreased drilling activity stemming from continuing low oil prices. However, the EIA… Read more
Industry Update - January 11, 2021
[1] Rig Count Overview & Summary Count as of January 8, 2021, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited 01/10/2021); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited 01/10/2021) (follow “Rigs by State –… Read more
Industry Update - December 21, 2020
[1] Rig Count Overview & Summary Count as of December 18, 2020, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited Dec. 21, 2020); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited Dec. 21, 2020) (follow “Rigs by… Read more
Industry Update - December 7, 2020
[1] Rig Count Overview & Summary Count as of December 4, 2020, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited Dec. 7, 2020); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited Dec. 7, 2020… Read more
Industry Update - November 30, 2020
[1] Rig Count Overview & Summary Count as of November 25, 2020, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited Nov. 30, 2020); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited Nov. 30, 2020) (follow “Rigs by… Read more
Industry Update - November 23, 2020
[1] Rig Count Overview & Summary Count, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited Nov. 20, 2020); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited Nov. 20, 2020) (follow “Rigs by State – Current and… Read more
Industry Update - November 13, 2020
[1] Rig Count Overview & Summary Count, BAKER HUGHES, https://rigcount.bakerhughes.com/rig-count-overview (last visited Nov. 13, 2020); North America Rig Count, BAKER HUGHES, https://rigcount.bakerhughes.com/na-rig-count (last visited Nov. 13, 2020) (follow “Rigs by State – Current and… Read more
Texas Supreme Court to Review Boundary Dispute
By: Hayley S. Murray The Texas Supreme Court has agreed to review the Thirteenth Court of Appeals decision in Ellison v. Three Rivers Acquisition LLC, 2019 WL 613262 (Tex. App.—Corpus Christi, 2019). At the time of his death in 1925, J. D. Sugg was the owner of a 640-acre tract of land in Irion… Read more
HFB Argues Royalty Deductions Case Before The Texas Supreme Court
By: Paul B. Westbrook On September 17, 2020, HFB appellate specialist Russell Barton appeared in oral argument before the Texas Supreme Court in the case of BlueStone Natural Resources II, LLC v. Walker Murray Randle, No. 19-0459. The two issues on appeal are (1) whether an addendum to an… Read more
Texas Supreme Court Hears Oral Argument In Continuous Development Case
By: Paul B. Westbrook On September 16, 2020, the Texas Supreme Court heard oral arguments in the case of Endeavor Energy Resources L.P. v. Energen Resources Corp. and John Thomas Quinn, 18-1187. The two issues on appeal are (1) whether the court of appeals properly construed the retained-acreage… Read more
Jones Energy v. Pima: The Importance of Order
By: Megan R. Knell On a number of occasions, courts have emphasized that words matter. The court in Jones Energy, Inc., et al. v. Pima Oil & Gas, L.L.C. took it a step further. While the Amarillo Court of Appeals took into account the words used, its analysis focused more… Read more