Leases

EQT Suing West Virginia Over Flat-Rate Leases, Royalties

EQT Corp. has filed a lawsuit in federal court arguing that West Virginia’s flat-rate lease statute is unconstitutional. Legislators last month passed a bill prohibiting post-production expenses from being deducted from flat-rate royalties.

April 16, 2018

BLM Nets $1M-Plus in Ohio, Louisiana Lease Sales

The U.S. Bureau of Land Management (BLM) auctioned more than 1,184 acres last week for oil and natural gas development in Ohio’s Wayne National Forest (WNF) and Louisiana’s Kisatchie National Forest (KNF), bringing in more than $1 million that is to be split between the federal and state governments.

December 20, 2017

Enviros Declare Victory as Court Panel Tosses BLM Leasing Approval on ‘Irrational’ Assumption

A circuit court ruling issued last Friday regarding potential mining in Wyoming may provide ammunition to groups challenging environmental reviews of oil, gas and coal leases for not considering the impacts on climate change.

September 18, 2017

Pennsylvania Landowners Resisting Arbitration in Another Chesapeake Royalties Lawsuit

Hundreds of landowners from Northeast Pennsylvania asked a federal court this month to deny motions filed by Chesapeake Energy Corp., Anadarko Petroleum Corp., Williams Partners LP and other companies to arbitrate their antitrust claims outside of court and dismiss parts of their complaint.

June 9, 2017

Texas Oilman Challenges BLM Over Cancellation of Montana Oil, Gas Leases

A billionaire Texas independent oilman from Fort Worth is suing the federal government over the cancellation of a long-term oil/natural gas lease in the Badger-Two Medicine region in Montana, where the Obama administration in its final days bowed to concerns of the Blackfeet Nation.

April 25, 2017
BLM Cancels Final Two Disputed Leases in Northwest Montana

BLM Cancels Final Two Disputed Leases in Northwest Montana

The Bureau of Land Management (BLM) on Tuesday canceled the final two oil and natural gas leases in the Badger-Two Medicine area in northwest Montana on lands the Blackfeet Nation considers sacred.

January 11, 2017

Lucas Energy Enters Permian Basin, Targeting San Andres Play

Lucas Energy Inc. is acquiring a Texas Permian Basin leasehold position from an unnamed Houston-based oil and natural gas holding company. The deal marks the company’s entry into the hot West Texas/New Mexico play.

January 3, 2017
In Final Days of Obama Administration, USFS Moves to Quash Wyoming Leases

In Final Days of Obama Administration, USFS Moves to Quash Wyoming Leases

A focus of oil/natural gas industry and environmental tensions for years, the Bridger-Teton National Forest in Wyoming became a last stand for the Obama administration recently as U.S. Forest Service (USFS) officials took steps to protect 40,000 acres within the national forest from potential oil/gas leasing.

December 21, 2016
Obama Decision to Block Arctic Drilling ‘Stunning,’ Says Alaska Delegation

Obama Decision to Block Arctic Drilling ‘Stunning,’ Says Alaska Delegation

President Obama’s decision to place the entire Chukchi Sea and most of the Beaufort Sea off-limits to energy development is “stunning” and will deny economic opportunity, according to a trio of powerful elected officials, all of them Republican, representing Alaska.

December 21, 2016

Devon to be Repaid and Retreat from Badger-Two Medicine Development

The Department of Interior on Wednesday reached a milestone settlement with Devon Energy Corp. to cancel 15 oil and natural gas leases in northwest Montana, an area considered sacred by the Blackfeet Tribe.

November 16, 2016