Agreement From the Start: Understanding the Various Transactional Instruments written by Andrew Clinton Published December 6, 2024 Many transactions have that awkward moment where the napkin sketch of the basic deal terms is followed by an overwhelming sense of confusion about which instrument must be drafted to help confirm and formalize the parties’ intentions. To… Read more »
Posts Categorized: Blog
We All Need Somebody to Lien On: Liens Against Mineral Property
We All Need Somebody to Lien On: Liens Against Mineral Property written by Tannon Symm Published July 3, 2024 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… Read more »
Creditor Rights Under Joint Operating Agreements
Creditor Rights Under Joint Operating Agreements written by Jim Strawn Published August 8, 2024 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… 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 Published September 4, 2024 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… Read more »
We Need a Contract…But What Type of Contract?
We Need a Contract…But What Type of Contract? written by Matt Reynolds Published April 3, 2024 Negotiating and entering into contracts is an inevitable part of every business. As almost anyone who has gone through the process can attest, starting with the right type of contract is one of the most important first steps. Different… Read more »
The Pain Points of NDAs: Understanding the Challenges
The Pain Points of NDAs: Understanding the Challenges written by Katie Parker Published May 1, 2024 Non-Disclosure Agreements (“NDAs”) are a staple in the business world, providing protection for confidential information and ensuring sensitive data stays secure. NDAs aim to keep information safe from falling into the wrong hands, whether you are an employee, contractor,… Read more »
More Tiers for Less Tears: Tiered Insurance Programs in MSAs
More Tiers for Less Tears: Tiered Insurance Programs in MSAs written by Saayem Rahman Published June 5, 2024 The oil and gas industry is an industry of high risk and high reward, and where there is risk, insurance follows. These risks exist for upstream, midstream, and downstream companies alike. To offset this risk, oil and… Read more »
Common Red Flags in Shared Development Between Oil Companies and Landowners: And How to Resolve Them
Common Red Flags in Shared Development Between Oil Companies and Landowners: And How to Resolve Them written by Katie Parker Published February 7, 2024 When oil companies partner with landowners for shared development, the relationship can be incredibly productive and beneficial for both parties. While oil companies aim to responsibly develop valuable resources, landowners seek… Read more »
Produced Brine Ownership: Worth the Salt, But Who Owns it?
Produced Brine Ownership: Worth the Salt, But Who Owns it? written by Jim Strawn Published January 10, 2024 As the demand for valuable minerals sourced from produced water increases, the question of ownership surrounding brine and its components becomes increasingly pertinent. Understanding who retains rights to these minerals is essential for those involved in oil… Read more »
Accommodating the Co-Development of Traditional and Renewable Energy
Accommodating the Co-Development of Traditional and Renewable Energy written by Miguel Otero Published March 6, 2024 In the ever-evolving energy landscape, oil pump jacks, towering wind turbines, and solar farms are becoming unlikely neighbors. Across Texas and other states, drilling operations are increasingly coexisting with renewable energy projects. But with these new neighbors come new… Read more »
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