Rachel Reese featured on Oil Money

Oil Money Podcast with Yousuf Chaudhary and Donnie Davis Bulldog Oil and Gas attorney, entrepreneur and most recently on Hart Energy’s 40 under 40! Rachel Reese talks ambition, balance and the importance of networking. Stay tuned to future episodes of Oil Money to hear the new legal segment hosted by Rachel. She’ll be breaking down the big legal news in energy and many common misconceptions around attorneys and law. Listen now on Digital Wildcatters, Spotify, and Apple Podcast Read More

Rachel Reese named an Oil and Gas Investor’s 2021 “Forty Under 40” Honoree

Hart Energy revealed the honorees for their recognition program – Oil and Gas Investor’s 2021 “Forty Under 40”. Rachel Reese is one of the few individuals that were nominated and awarded. Since its inception in 2016, this renowned annual process has continued to attract strong support from the petroleum industry and the financial community. Rachel has been acknowledged as an industry role model for her entrepreneurial spirit, inventive problem solving, leadership, and community participation. She was nominated by peers, colleagues… Read More

August 2021 Newsletter – When Your Lawyer is Not Your Lawyer: Attorney-Client Privilege Inside Small Companies

When Your Lawyer is Not Your Lawyer: Attorney-Client Privilege Inside Small Companies By: Ray Hafner We recently heard a terrifying, but all too common story from a colleague who practices high stakes litigation.  During a lawsuit over some land and lease acquisitions, a small E&P company was ordered by a court to turn over every single e-mail related to the transaction at issue after finding that the attorney-client privilege did not cover any of the company’s communications. At the time… Read More

April 2021 Newsletter – Asset Acquisitions and Divestitures in the Oil and Gas Industry 

An RR&A Transaction Newsletter Series By: Cheryl Looper & Miranda Caballero Transactions: An Overview The COVID-19 pandemic and associated fluctuations in commodity pricing have sent a wave of distress across the oil and gas industry, causing some participants to restructure and/or dispose of non-core or distressed assets.  The exploration and production sector took the brunt of the blow, forcing operators and service providers to find new and creative ways to do more with less. While many of the larger players… Read More

January 2021 Newsletter – Clear Your Litigation Docket with a Comprehensive Litigation Review from RR&A

By: Ray Hafner Executive Summary It’s far too easy to let unpleasant litigation sit ignored or allow outside counsel to run a strategy that is not aligned with your goals or mission.  RR&A can review your litigation docket and find cost-savings by identifying situations where someone else is financially responsible, where the matter is ripe for resolution, the rates are out of proportion to the case, or the litigation is poorly or inactively managed. One of the services R. Reese… Read More

August 2020 Newsletter – So You Started a Company… Now What?

By: Cheryl Looper Executive Summary: Starting a business is challenging.  You’ve got a great idea and have decided to take the plunge. But how do you get from here to the vision you have in your head?  What infrastructure do you need to give your business the best chance at success? The exact steps a new business needs to take depend on a variety of factors, most importantly what your business will be doing and where.  Your lawyer and tax advisor… Read More

July 2020 Newsletter – You Have Been Sued: A Guide for Handling New Litigation

By: Raymond “Ray” Hafner Executive Summary:  New litigation requires a company to take immediate steps to begin preparing a defense and ensuring the company is in the best position possible.  Failure to act quickly can seriously harm the company’s defense.  Successful companies will involve counsel immediately, investigate early, preserve all evidence, notify their insurance carriers, budget appropriately, and, if at all possible, resolve the case early. “YOU HAVE BEEN SUED.  YOU MAY EMPLOY AN ATTORNEY.  IF YOU OR YOUR ATTORNEY… Read More

June 2020 Newsletter – New Case Update: Piranha Partners v. Neuhoff

New Case Update: Piranha Partners v. Neuhoff, 596 S.W.3d 740 (Tex. 2020), reh’g denied (Apr. 17, 2020) By: Yvette Hershey Quick Summary: In a 7-2 decision delivered on February 21, 2020, the Texas Supreme Court in Piranha Partners v. Neuhoff (the “Piranha Case”) held that language in an Assignment conveyed interest in production under a mineral lease covering the entire tract of land instead of just a single well.  In Depth Analysis: In 1975, Neuhoff Oil & Gas (“Neuhoff”) purchased… Read More

April 2020 Newsletter – Best Practices When Declaring Force Majeure

Best Practices When Declaring Force Majeure By: Raymond “Ray” Hafner There have been a lot of articles written recently on how force majeure clauses are interpreted and their invocation in light of the COVID-19 pandemic. Here are some of our favorites.  Force Majeure and the Doctrine of Frustration (Paul Hastings) Evaluating Your Force Majeure Clause under Covid-19 (Jenner Block) Dispute Resolution Procedures under Force Majeure (Wilmer Hale) Force Majeure Contracts in Texas (Akerman) Although the ability to declare force majeure… Read More

February 2020 Newsletter – Outsourced General Counsel Services

How I Learned to Stop Worrying and Love Outsourced General Counsel Services By: Raymond “Ray” Hafner Running a small business is a never-ending parade of obstacles, tasks, and challenges that need to be surmounted.  Add in the complexity and nuance of legal issues facing a competitive, highly-regulated industry and there is more than enough worry to keep a CEO or manager up at night.  Large companies typically hire a general counsel for this very reason – executives know exactly who… Read More

Exciting news from RR&A – Introducing Raymond “Ray” Hafner

We’re pleased to announce a new addition to our firm. Raymond “Ray” Hafner joined our firm this month in the position of Of Counsel and starting January 1, 2020, he will hold the position of Senior Associate. Ray received his J.D. from The University of Virginia School of Law in May 2009. Before that he graduated from the University of Houston Honors College in 2005. Ray has spent the past decade providing clients in the energy business with innovative and… Read More

December 2019 Newsletter – Case Update

Is Your Day Rate Worker Actually a Salaried Employee?  New Case Update: Faludi v. US Shale Solutions, LLC By: Rachel Reese & Miranda Caballero Quick Summary In a recent 5th Circuit Court of Appeals decision, which governs the states of Texas, Louisiana and Mississippi, Jeff Faludi was found to be a salaried employee, subject to the highly compensated employee exemption under the Fair Labor Standards Act (“FLSA”), and therefore not entitled to overtime compensation even though he was employed under… Read More

Rachel Reese Highlights Lease Negotiation Best Practices in Series of Speaking Engagements

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 of knowledge regarding lease contract negotiations, mineral owners are becoming increasingly sophisticated about the lease negotiation process. Whether it’s a Producers 88 with a raft… Read More

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 up with the realities of modern oilfield practices, these lease forms get more and more complex. Rachels presentation provides an overview of these custom provisions,… 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 firms. After all, anyone with experience knows there is no one-size-fits-all model when you’re talking about domestic producers, which today range from the largest multinationals… 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 royalties delivered “into the pipeline” with “at the well” effectively expanding its previous jurisprudence on the deductibility of post-production costs from a royalty stream. In-Depth… 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 struggles to keep up with the realities of modern oilfield practices, these lease forms get more and more complex. Rachels presentation provides an overview of… Read More