We All Need Somebody to Lien On: Liens Against Mineral Property written by Tannon Symm In the oil and gas industry, ensuring payment for work performed and materials furnished is critical to maintaining a successful operation. While Joint Operating Agreements (“JOAs”) offer lien rights among participating parties, the Texas Property Code provides an additional, often… Read more »
Monthly Archives: May 2025
Creditor Rights Under Joint Operating Agreements
Creditor Rights Under Joint Operating Agreements written by Jim Strawn Periods of downturn in the oil and gas industry often bring with them a host of legal complexities. From questions surrounding ownership rights—such as shut-in lease provisions, production in paying quantities, and operational clauses—to the renegotiation of midstream contracts and the enforcement of creditor rights,… Read more »
Force Majeure in 2025: Texas Courts Demand Clarity in Oil & Gas Contracts
Force Majeure in 2025: Texas Courts Demand Clarity in Oil & Gas Contracts written by Miguel Otero Generally speaking, a force majeure clause is a contractual provision allocating the risk of loss if performance becomes impossible or impracticable, especially as a result of an event or effect that the parties could not have anticipated or… Read more »
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