eCourse
A New Generation of Oil and Gas Lease “Washouts” in Texas
Contains material from Apr 2021
A New Generation of Oil and Gas Lease “Washouts” in Texas
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While Texas law has always been permissive toward oil and gas lease washouts—the elimination of non-operated leasehold interests or burdens by replacement of an existing lease—three new Texas cases have shaken up our assumptions about the law on this topic. This presentation will discuss these case holdings, their impact on industry stakeholders, and drafting advice for avoiding their negative effects.
Includes: Video Audio Paper Slides
- Total Credit Hours:
- 0.75
- Credit Info
- TX, CA
- Specialization: Administrative Law | Oil, Gas and Mineral Law | Real Estate Law
- TX MCLE credit expires: 5/31/2024
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Turn Around, Don’t Drown: A New Generation of Oil and Gas Lease “Washouts” in Texas and How to Avoid Them (Apr 2021)
Brandon Durrett
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0.75
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Session 1
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0.75
Turn Around, Don’t Drown: A New Generation of Oil and Gas Lease “Washouts” in Texas and How to Avoid Them (Apr 2021)
While Texas law has always been permissive toward oil and gas lease washouts—the elimination of non-operated leasehold interests or burdens by replacement of an existing lease—three new Texas cases have shaken up our assumptions about the law on this topic. This presentation will discuss these case holdings, their impact on industry stakeholders, and drafting advice for avoiding their negative effects.
Originally presented: Mar 2021 Oil, Gas and Mineral Law Institute
Brandon Durrett,
Dykema Gossett, PLLC - San Antonio, TX