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This is a wonderful guide to the various Permian formations found in West Texas and Eastern New Mexico. It does not, however, have anything to do with the outstanding Permian Panthers football team slated to open their season August 26th against Austin Vandergriff. MOJO Rising! With apologies to my Midland brethren, the Permian Football Schedule can…

A Rose By Any Other Name: Sunset Commission Revisits Railroad Commission The Texas Railroad Commission is again up front and center at the Sunset Advisory Commission. As you may recall, the Sunset Commission published a list of recommended changes back in April of 2016, which included the following: Continue the Railroad Commission for 12 years with…

Pay Up! Security-free Period Ends for Exempt Operators Effective April 16, 2016 for 120 days, Emergency Statewide Order No. 29-B, issued by the Commissioner of Conservation, suspended certain security requirements for permits to drill and amendments to permits to drill for operators who had “…exhibited a record of compliance with the statutes, rules, and regulations…

Currently, thousands are displaced by the flooding in Southern Louisiana. Our prayers are with them. You can donate HERE, mail items HERE, and volunteer HERE to help with rescue and clean up efforts. In response to the floods, Governor John Bell has issued Executive Order No. JBE 2016-53 (the “Order”). The Order suspends all deadlines in…

Hook ‘Em: University Lands The State of Texas retained title to all vacant and unappropriated lands upon admission to the Union in 1845. Subsequently, the Texas Constitution of 1876 set aside 1 million acres of land for the benefit and glory of the University of Texas. The Texas Legislature enlarged this grant by an additional…

Dude, Where’s My Lease Sale(s)? The Federal Mineral Leasing Act requires the Bureau of Land Management (BLM) to hold oil and gas lease auctions in New Mexico (and other states) “…at least quarterly and more frequently if the Secretary of the Interior determines such sales are necessary (30 U.S.C. Sec. 226(b)).” There were, however, two in…

Ca$h Money: The Price of Oil and the U. S. Dollar This article continues our examination of the various factors that influence the price of oil. A second key indicator of the oil and gas market’s price direction is the value of the U. S. Dollar and the strength of that currency’s directional trend. Inverse…

Donate Railroad Commissioner Christi Craddick announced details of her Oilfield Relief Initiative at the August 9, 2016 meeting of the Texas Railroad Commission. The initiative seeks to streamline administrative procedures in order to reduce the cost of government regulation of the oil and gas industry while avoiding weakening public and environmental protections, correlative rights, or…

The Federal Government has over five million unleased mineral acres beneath private lands in New Mexico, designated as “disposal lands.” Seeing an opportunity to help alleviate the nation’s highest rate of child poverty, Aubrey Dunn, the New Mexico State Land Commissioner, has proposed the Early Childhood Education Land Grant Act (the “Act). The Act seeks…

Our friends at Liskow & Lewis (www.theenergylawblog.com) have posted a very insightful article on the “rash of oil severance tax audits” currently being conducted by the Louisiana Department of Revenue (the “Department”). According to the article, the Department has determined that negative adjustments to the market center price are no longer available and thus additional…