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Texas Lawyer

Updated: Energy Future Sells Oncor to Hunt for Over $12 Billion

Energy Future Holdings' trump card to help it move beyond its current Chapter 11 bankruptcy woes appears to be its prized asset, Oncor Electric Delivery.
5 minute read

Daily Business Review

This Jones Day Attorney Leads Team in Bankruptcy Bidding for Offshore Oil Assets

Jones Day represented a Mexican heavy construction company in purchases of an offshore drilling operation and ship.
4 minute read

Texas Lawyer

Warren Buffett to Buy Precision Castparts in $37.2B Deal

The "Oracle of Omaha" is grabbing headlines again by spending big on a manufacturer of parts for the energy and aerospace industries.
3 minute read

The Legal Intelligencer

Landowners May Face Difficult Burden Regarding Intermingled Gas

A recent opinion issued by the Pennsylvania Superior Court may place a difficult burden on landowners confronted with a subsurface trespass and the unauthorized intermingling of gas.
8 minute read

Texas Lawyer

Chesapeake Seeks Second Chance With SCOTX

The dispute between Chesapeake and the mineral estate owners in the Hyder family centered on whether the oil and gas lease negotiated among the parties allowed for Chesapeake to deduct postproduction costs from the mineral estate owners' overriding natural gas royalties.
4 minute read

Texas Lawyer

First Online O&G Lease Sale Scores Nearly $20M

"We broke tradition and then broke records," said Jim Suydam, General Land Office spokesman, concerning the Texas agency's recent launch of its innovative and lucrative online sale of oil and gas leases.
3 minute read

Texas Lawyer

Texas AG Gears Up to Fight EPA's New Clean Power Plan

Power plan or power play? The U.S. Environmental Protection Agency takes the position that the goal of the agency's new Clean Power Plan, which was recently announced by President Obama and the EPA, is to improve the environment and human health by cutting significant amounts of carbon pollution from electric power plants.
4 minute read

Texas Lawyer

Appellate Lawyer of the Week: No-Go for $6.4 Billion Togo Oil Suit

Houston lawyers Sean Gorman and Peter Scaff had very different reasons for why their energy company clients couldn't be sued in Texas over a failed $6.4 billion oil production agreement with the tiny African republic of Togo.
5 minute read

Texas Lawyer

Irate Investors Bring Class Action Suit Against Helix Energy

A group of riled-up shareholders of Helix Energy Solutions Group recently filed a class action against the Houston-based energy company that provides specialty services to the international offshore energy industry.
3 minute read

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