Monthly Archives: November 2017

At the Well Weekly – Oil and Gas Update for Week Ending 11/17/2017 – WV/China MOU for Natural Gas Development Investments Makes Headlines, Fuel Gas Royalty Class Action Survives in Oklahoma, Colo. Supremes OK Refund for Overpaid Oil/Gas Production Taxes

Spot prices in Appalachia increased since our last report based largely on cold temperature forecasts while the rig count and oil prices maintained their positions.  In Appalachia, West Virginia reports that it reached a memorandum of understanding with China for investments in natural gas development projects.  Elsewhere, Texas courts tackle disputes over mineral interests, a royalty class action in Oklahoma survives preliminary motions to dismiss, and Colorado’s Supreme Court blesses a refund bid by a production company that mistakenly overpaid oil and gas production taxes.  Here’s the week in review:  About The Author

Posted in Weekly Updates

At the Well Weekly – Oil and Gas Update for Week Ending 10/27/2017 – Federal Court Says Ohio Supreme Court Would Adopt “At the Well” Rule for Royalty Calculations

Natural gas prices in Appalachia haven’t rebounded much since our last report, hovering around $1/MMBtu amidst a small decline in the rig count, but the good news is that the Brent Crude surpassed its $60/bbl benchmark earlier in the week. In Appalachia, a federal court in Ohio took a shot at predicting how the state supreme court would deal with oil and gas leases that provide for royalty payments based on the “market value at the well.”  Here’s the week in review:  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