Edward WilhelmJun 14 minWhat to do when your oil and gas operator goes bankruptIn case you haven't noticed, the price of oil has tanked. As the price of WTI continues to hover under $40, things are probably going to ...
Edward WilhelmMay 274 minReceivership Oil and Gas Leases and the Case of “Ill-Advised Oil Company”This is a special blog due to an experience I recently had over an oil and gas receivership lease. TEX. CIV. PRAC. & REM. CODE §64.091 et...
Jack WilhelmMar 208 minHOW TO SPOT REAL NEWS AND FAKE NEWSIn case you have not heard, things are bad! The world faces a pandemic, the bottom has fallen out of the stock market, and the price of o...
Jack WilhelmMar 192 minACQUISITION OF OIL & GAS PROPERTIES: Make those Indemnity Provisions (CONSPICUOUS)Well, the price of oil is up a "bit" today. Here is a good reminder when drafting those "nasty" indemnity clauses: In every purchase and...
Jack WilhelmMar 114 minAcquisition of Oil & Gas Properties: Being the Preferred Seller/Buyer in a Disrupted MarketIn today's disrupted oil and gas industry, expect to see a number of "emergency" business transactions. Our abilities to be effective in...
Jack WilhelmOct 16, 20191 minEASEMENTS, RIGHTS OF WAY, & EMINENT DOMAINHello friends. On December 17th, I will be presenting at a one-day educational seminar in Austin that will address easements, rights of w...
Jack WilhelmOct 15, 20194 minUSING STATUTORY DIVISION ORDERS TO CURE TITLE ISSUES Oil and gas title examinations are tough – and recent Texas Supreme Court and appellate court decisions on the construction of old royalt...
Jack WilhelmSep 12, 20196 minRule 37 and Horizontal Wells – a time to rethink the regulatory burden?Apparently, at least the staff of the Railroad Commission is taking an unduly restrictive view on Texas Rule 37. This Rule provides that,...
Jack WilhelmMar 19, 20196 minPOST PRODUCTION COSTS - WRITING A CLEAR CLAUSE (AS THE HAYNESVILLE RECOVERS)Generally speaking, post-production costs are the expenses incurred in order to get natural gas from the wellhead to market. These costs ...
Jack WilhelmMar 14, 20192 minProduction Sharing Agreements: A Call for SimplicityEdward Wilhelm and I had the opportunity to make a presentation at the Ark-La-Tex annual landman conference late last month in Shreveport...
Jack WilhelmFeb 15, 20192 minAcquisition of Oil & Gas Properties: Confidentiality Agreements If you are looking to purchase oil and gas properties, you can safely assume that, prior to entering into negotiations, you will be requi...
Edward WilhelmFeb 15, 20192 minWhen an offset well isn't an offset wellIn Murphy Expl. & Prod. Co. - U.S. v. Adams, 560 S.W.3d 105 (Tex. 2018), a divided Supreme Court held that an offset well clause did not...
Jack WilhelmFeb 6, 20192 minAcquisition of Oil & Gas Properties: Get a Lawyer Licensed to PracticeA partner in a large, international law firm proudly advertises that she assisted a client in the acquisition of an oil-field in the Perm...
Edward WilhelmFeb 5, 20192 minWithout Warranty of Title Means Without Warranty of TitleJPMorgan Chase Bank, N.A. v. Orca Assets G.P., L.L.C., 546 S.W.3d 648 (Tex. 2018) is another reminder that operators are expected to perf...
Edward WilhelmFeb 4, 20192 minWho Pays the Royalties? Devon Energy v. Apache CorporationThe Supreme Court refused certiorari in Devon Energy Prod. Co. v. Apache Corp., 550 S.W.3d 59 (Tex. Civ. App.-Eastland, 2018) in a case t...
Jack WilhelmJan 31, 20195 min ELDER ABUSE – IT HAPPENSAlthough most of my practice revolves around oil and gas operators, over the years I have had the pleasure of representing a number of oi...
Jack WilhelmJan 31, 20194 minAcquisition of Oil & Gas Properties: Recordation Statutes (Acquisition Blog No. 111)Ultimately, every sale of an oil and gas property involves the transfer of a real estate interest. And, ultimately, the conveyance docume...
Edward WilhelmJan 31, 20194 minWhat to do when your oil and gas operator goes broke In case you haven't noticed, the price of oil has fluctuated tremendously in the last couple of years. In 2015, 67 oil and gas companies ...
Jack WilhelmJan 25, 20194 minOf Production Sharing Agreements, Allocation Wells, and Horizontal Wells (Blog No. 302) The age of horizontal wells has revitalized the great Texas oil and gas industry. However, it is arguably an “open issue” as to how reven...
Edward WilhelmJan 25, 20193 minWhat to do with a drilled but uncompleted well (DUC)? There are currently over 1,400 drilled but uncompleted oil and gas wells in the Eagle Ford shale alone. There are almost 1,000 DUCs in No...