“Work eight hours and sleep eight hours and make damn sure they aren’t the same hours!”
– T. Boone Pickens

Revisions to the State Oil and Gas Lease form continue. As per the State Mineral and Energy Board’s schedule, a final vote will be taken in December. Prior to that time, the Board will review the fourth, and final, article reports and public comments at their August 9th meeting, which will cover the following lease…

Senator Cory Gardner (R-CO) has introduced the Bureau of Land Management Headquarters Relocation Act in the U.S. Senate, legislation that would authorize Interior Secretary Ryan Zinke to develop a plan to move the Bureau of Land Management (BLM) out of Washington, D.C.; Congressman Scott Tipton (CO-3) introduced the House companion bill. The bill specifies that…

Copyright CNBC.com Copyright jeroenbloklandblog.com The graph should be read from right to left to better understand the relationship between contango (upper black line)/ backwardation (lower blue line) and the current spot price. Please revisit our articles regarding the Price of Oil and the Commitment of Traders Report HERE, and the Price of Oil and the U.S. Dollar…

Copyright Osage Nation Killers of the Flower Moon is at once a historical retelling of the Osage Oil Boom, a murder mystery, and the genesis story of the modern Federal Bureau of Investigation. Based on thousands of pages of unpublished FBI reports, as well as voluminous official government documents and case records, David Grann’s meticulously…

http://www.energylandscapes.net/photo/golden-hour/ Oil and gas practitioners rejoice! The Texas Legislature has finally passed HB 1818 which effectively extends the life of the Railroad Commission through September 1, 2029. The bill now heads to Governor Greg Abbott’s desk for his signature or veto. The legislation will become law within 10 days if the Governor chooses not to…

  The recent Forbes article Permania by James Conca included the best map of Permian formations I’ve yet to see. The article can be accessed HERE. The map is below (courtesy of Tarka.com).

As of April 3rd, 2017, over 400 amendments to SB 1 (the Appropriations Bill) have been filed. Photo (C) Robert Haney, Chief Clerk of the Texas House. The Energy Resources Committee of the Texas House, chaired by Rep. Drew Darby (R–San Angelo), exercises jurisdiction over conservation of the energy resources of the State, as well as…

Enduro Operating, LLC, v. Echo Production, Inc., et al, 2016-NMCA-34,581 & 34,918 (NM Ct. App 2016). Survey and staking of a well site prior to a JOA-defined 30 day consent clause and a 90 day commencement clause (120 days total) combined with back-room operations during the 120 day period did not constitute commencement of operations…