Monthly Archives: November 2016

Oil and Gas Update for 11/11/2016 – Trump, Trump, and … well, Trump.

Since our last report, New York real estate mogul Donald J. Trump became the President-Elect of the United States despite polls that long predicted Democratic nominee Hillary Clinton would win the election handily.  In the wake of Trump’s election, oil prices dipped slightly (although not directly attributed to the election) while natural gas spot prices and rig counts held firm. In other news, courts in Appalachia remained relatively quiet while a Kansas federal court issued a pair of interesting decisions highlighting the differences between the text of royalty provisions as they relate to royalties and post-production costs versus a default “marketable condition” rule that sometimes doesn’t jive with the parties’ oil and gas leases.  Here’s the week in review along

Posted in Weekly Updates

Oil and Gas Update for 11/4/2016 – OH Supremes Punt on Decision to Choose “At the Well” vs. “Marketable Product” Rule for Post-Production Costs.

Natural gas spot prices in the Marcellus thankfully rebounded amidst steadily rising rig counts while the Henry Hub and oil prices dipped significantly since our last report.  In Appalachia, the Ohio Supreme Court declined to choose one default rule of royalty clause interpretation versus another, while the Pennsylvania Superior Court issued a series of decisions on disputes over oil and gas rights.  In other news, the EPA published control techniques to limit VOC emissions in the oil and gas industry.  Here’s a roundup of recent developments: About The Author

Posted in Weekly Updates
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At the Well Weekly
Welcome to At the Well Weekly, a blog designed for busy folks in the oil and gas industry. If you haven’t read a thing during the week, our hope is that you can breeze through the update and be up to speed on the basics such as current rig counts, commodity prices, and case law updates on legal issues of interest in Appalachia and elsewhere.
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Cozen O’Connor Blogs