Opinion:

Texas High Court Holds Drilling Across Tracts Not Trespass

On May 19, the Texas Supreme Court issued a unanimous decision in which the court held an oil and gas producer does not commit a trespass of the mineral estate if the company obtains permission…

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Permian’s Reeves County Epicenter of U.S. Drilling Surge

Last week oilfield services firm Baker Hughes reported the number of active drilling rigs in the U.S. surpassed 900, representing a remarkable gain over the past year of almost 500 rigs having gone back into service….

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TX High Court: Landowners Can Sue for Oilfield Contamination

Last month the Texas Supreme Court ruled that the Texas Railroad Commission (RRC) does not have exclusive or priority jurisdiction in cases of environmental contamination from oil and gas operations. In an 8-0 decision (with…

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Oxy Looks to Expand Exports of Permian Crude

The Wall Street Journal reports Occidental Petroleum plans to test whether it can dock supertankers at the company’s oil export terminal on Corpus Christi Bay in South Texas. Oxy is looking to increase the capability…

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$100 Billion Invested in U.S. Shale

One hundred billion dollars. That’s a lot of money. Norwegian consulting firm Rystad Energy says investment funds have poured a staggering $100 billion into U.S. shale in just the past year. Rystad estimates these investments…

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The Weekly Wrap

In the Weekly Wrap this week: U.S. Oil Reserves Top Saudi Arabia? The Growing Importance of Natural Gas for Energy USGS: Bossier, Haynesville Hold a Lot More Gas Negative Royalties for Some PA Leaseholders By…

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