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The Texas Title Examination Standards are a-changing. To review the proposed changes click here: Final_Warranty_Standard_9817. E-mail your comments and suggestions to Bill Burford at bill.burford@kellyhart.com before October 15, 2016. The current proposed changes include the following: Standard 17.10. Title from the Sovereign If you’re acquainted with Aloysius Leopold’s Texas Land Titles, Standard 17.10 will sound…

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…

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…

Copyright Margaret Wright Generally, Texas courts apply a two-pronged test when determining whether an oil and gas lease is producing in paying quantities. First, the court will examine whether the well has operated at a profit over a reasonable period of time after deducting operating and marketing expenses. If so, no further inquiry is necessary….

Originally published in the Permian Basin Landmen’s Association January 2017 Newsletter As a quick review, an allocation well is a well drilled across multiple leases, held by a common lessee, without pooling authority. The Texas Railroad Commission has determined that an applicant for a permit to drill a well across lease lines does not need…

Donate No surprise to this Midlander, Christi Craddick has been elected Chairman of the Texas Railroad Commission. Craddick, a Midland native and oil, gas and natural resources attorney, plans to pursue the following initiatives: Meetings with Texas operators to outline a five-year plan that will allow us to better understand where the industry is headed…

My wife often chides me for thinking Midland, Texas is the epicenter of the universe. I imagine everyone feels that way about their hometown. Turns out, Midland, Texas really is the center of the (oil and gas) universe (in the continental United States), to the tune of an additional 20 Billion barrels of recoverable oil,…

The Federal Reserve Bank of Dallas released its quarterly survey of approximately 200 oil and gas firms located or headquartered in the 11th District (see illustration) September 28, 2016. The Survey measures the firms’ business activities over the last quarter, reporting whether they increased, decreased or remained static. The results are used to help guide…

Recent Earthquakes in Oklahoma Residents of Pawnee, Oklahoma got a rude awakening 7:02 a. m. Saturday morning (9/3/16) as a 5.6 magnitude earthquake shook the area. Fortunately, there are no reports of any injuries or deaths and property damage was minimal. A historical building, however, did shed a layer of limestone, but it is unknown…

                    In examining title to Federal lands in New Mexico, I came across the following clause contained in Federal oil and gas leases: “…Extraction of Helium – Lessor reserves the option of extracting or having extracted helium from gas production in a manner specified and by…