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TRENDS
Someone Is Betting That Oil Will Soar to a Record $200 a Barrel
By Alex Longley September 30, 2021, 6:33 AM CDT Could the energy crunch get so bad that oil prices hit $200 a barrel? One options
The Iraq War Was Not About Oil
Why did the U.S.-led coalition attack Iraq in 2003? Sixteen years after George W. Bush’s “Mission Accomplished” speech, the answer seems obvious to some: oil
Oil prices wobble on lower U.S. supplies and weaker crude demand
(Bloomberg) –Oil switched between gains and losses after a U.S. government report showed domestic crude inventories fell ahead of a sharp reduction in output due
LEGAL
Ambiguity Foils Right of Way Agreement
By Charles Sartain on April 28, 2021 Co-author Brittany Blakey The central issue in the Texas case of Cook v. Cimarex Energy Co.: Did Cook grant Cimarex a right
Red River Statutory Rivalry: Texas Lien Statute is Fatal to Texas Producers’ Security Interests
The lesson from In re First River Energy LLC: Even though Texas lien law does not require the filing of a financing statement for perfection, file
2020’s Bad Guys in Energy
Larceny, that business enterprise with a knack for (fleeting) success regardless of the state of the economy, was busy last year. As Obi-Wan Kenobe would
TECH
The future of IT: An oil and gas perspective
Across industries, CEOs are realizing the importance of agility in sustaining and growing their business. More than half acknowledge agility as the new currency of
Technology and Oil
PURPOSE To demonstrate how much our society depends on petroleum products and to show how advances in technology have allowed us to find, obtain, and
Tech and energy are teaming up, creating a market that could grow 500% in the next 5 years
As the energy industry faces a time of reckoning — pressured by consistently low oil prices, high operating costs and a growing sustainable investing movement
PARTNERS
ExxonMobil Discovers That Amended Tax Returns Are Dangerous
In Exxon Mobil Corp. v. United States of America, from the United States District Court for the Northern District of Texas, ExxonMobil learned the hard way that filing amended tax returns can be very costly. Some of the reasons why an amended return is dangerous are below, but first to the case: ExxonMobil was involved in oil and gas ventures in
Red River Statutory Rivalry: Texas Lien Statute is Fatal to Texas Producers’ Security Interests
The lesson from In re First River Energy LLC: Even though Texas lien law does not require the filing of a financing statement for perfection, file one anyway. It will be helpful in the event a dispute is decided under the laws of another state. The transactions Texas and Oklahoma producers sold oil and condensate to First River Energy, a midstream
Climate Change for Energy Professionals – Part 1
By Charles Sartain on February 16, 2021 Gray Reed’s in-house Cassandra, energy partner Paul Yale, has set out to educate energy industry professionals, and anyone else willing to learn, on the latest developments in the climate change debate. Here is Part One, in which Paul reviews three books with differing points of view: The Uninhabitable Earth: Life After Warming, by David Wallace-Wells; Apocolypse Never: Why Environmental Alarmism Hurts
