Royalty

Pennsylvania AG Sues Chesapeake For Royalty Deductions Following Investigation

After more than a year-long investigation that involved hundreds of landowners and industry cooperation, Pennsylvania Attorney General (AG) Kathleen Kane’s office said Wednesday it has filed a wide-ranging lawsuit against Chesapeake Energy Corp. and its affiliates for deceptive business practices.

December 9, 2015

Producers Ask Texas Supreme Court to Reconsider Chesapeake Royalties Decision

A group of U.S. oil and gas producers has asked the Texas Supreme Court to reconsider a 5-4 decision against Chesapeake Energy Corp. in a natural gas royalties lawsuit concerning leases in the Barnett Shale.

September 4, 2015

Pennsylvania Lawmakers Pledge Action on Oil/Gas Royalties Protection Bill

Republican lawmakers in the Pennsylvania House of Representatives have renewed their push to shield royalty owners in the state from post-production costs by reintroducing a bill to guarantee payment of the statutory minimum of 12.5% of the value of oil and gas produced under leases.

June 26, 2015

Pennsylvania Lawmakers Pledge Action on Oil/Gas Royalties Protection Bill

Republican lawmakers in the Pennsylvania House of Representatives have renewed their push to shield royalty owners in the state from post-production costs by reintroducing a bill to guarantee payment of the statutory minimum of 12.5% of the value of oil and gas produced under leases.

June 26, 2015
U.S. Natural Gas, Oil Onshore Royalties Policies ‘Frozen in 1920s,’ Says Group

U.S. Natural Gas, Oil Onshore Royalties Policies ‘Frozen in 1920s,’ Says Group

The royalty rate to drill for natural gas and oil on U.S. lands is half the rate charged by most states' private landowners and much less…

June 22, 2015
U.S. Natural Gas, Oil Onshore Royalties Policies ‘Frozen in 1920s,’ Says Group

U.S. Natural Gas, Oil Onshore Royalties Policies ‘Frozen in 1920s,’ Says Group

The royalty rate to drill for natural gas and oil on U.S. lands is half the rate charged by most states’ private landowners and much less than the rate charged to drill in the offshore, causing millions to be lost in revenue, a review by a progressive group has found.

June 22, 2015

Interior Launches Plan to Adjust Royalty Rates on Federal Lands

The Department of Interior (DOI) followed through on its promise last month to begin taking public comments over a proposal to empower the Bureau of Land Management (BLM) to adjust royalty rates for drilling on public lands.

April 17, 2015

Interior Launches Plan to Adjust Royalty Rates on Federal Lands

The Department of Interior (DOI) followed through on its promise last month to begin taking public comments over a proposal to empower the Bureau of Land Management (BLM) to adjust royalty rates for drilling on public lands.

April 17, 2015
Pennsylvania Landowners Claim Chesapeake, Williams Unit Conspired to Constrain NatGas Market Services

Pennsylvania Landowners Claim Chesapeake, Williams Unit Conspired to Constrain NatGas Market Services

A group of Pennsylvania landowners has filed a lawsuit asserting that Chesapeake Energy Corp. and Access Midstream Partners LP, now part of Williams, conspired to constrain trade for natural gas market services in Bradford County, in violation of federal antitrust laws.

February 19, 2015

Chesapeake Agrees to Settle NatGas Royalties Lawsuit in Oklahoma

Chesapeake Energy Corp. has agreed to pay $119 million to settle a lawsuit in Oklahoma that alleges the producer underpaid natural gas royalties on nearly 12,000 wells over a 10-year period.

January 23, 2015