Odds are your newly acquired Texas oil and gas lease has a Pugh clause that reads something like: “this lease will be held to be limited to the strata or stratum from which the production of oil or gas is obtained.”   Not to worry, the well on the lease has been producing from that

As a sustained upward trend in U.S. shale growth continues, industry analysts predict it will offset the current production problems in the near future.  In recent months the energy market has been heavily influenced by a series of demand-side developments, and investors are continuing to monitor the escalating trade conflicts between the United States and

A year ago, on March 12, 2014, the Organization of the Petroleum Exporting Countries (OPEC) published its Monthly Oil Market Report announcing the price of oil was $108.55 per barrel for ICE Brent crude and $100.03 per barrel for Nymex West Texas Intermediate crude.  From the point of view of an oil producing state, the