The push and pull between mineral rights owners and production companies in the oil patch has only increased with the unprecedented production volume coming out of the Permian Basin. Indeed, in the Permian Basin last year, billions in transactions took place transferring mineral leasehold interests. With so much potential revenue on the line and generations… Read more »
Posts By: Jared Russell
Rachel Reese Presents to Houston Bar Association’s Continuing Legal Education
Rachel Reese presented to the Houston Bar Association’s Continuing Legal Education on Friday, May 3, 2019. With leasing back in full swing in some of the more prolific areas of Texas, more and more mineral interest owners are insisting upon custom lease forms rather than using a Producers 88. As Texas jurisprudence struggles to keep… Read more »
R. Reese & Associates Celebrates Anniversary
At R. Reese & Associates, we work hard and stay focused on looking forward rather than looking back. But we can’t help but take a moment to pause and consider our firm’s whirlwind first year. We started this firm with an idea to create a new model for building relationships between E&P companies and law… Read more »
Texas Supreme Court Interprets “Into the Pipeline” with Regard to Post-Production Costs
New Case Update: Burlington Resources Oil & Gas Co. LP v. Texas Crude Energy, LLC By Rachel Reese & Miranda Caballero Quick Summary In a 9-0 opinion, delivered on March 1, 2019, the Texas Supreme Court in Burlington Resources Oil & Gas Company LP v. Texas Crude Energy, LLC (“Burlington”) equated the lease language on… Read more »
Rachel Reese Speaks to Society of Petroleum Evaluation Engineers
Rachel Reese spoke to the Houston Chapter of the Society of Petroleum Evaluation Engineers on Thursday, February 21, 2019. With leasing back in full swing in some of the more prolific areas of Texas, more and more mineral interest owners are insisting upon custom lease forms rather than using a Producers 88. As Texas jurisprudence… Read more »
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