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Texas Appellate Court Analyzes Purchase and Sale Agreement Drafting and Terms

The 11th Court of Appeals in Texas recently issued an opinion analyzing provisions of purchase and sale agreements (PSAs) governing working interests in oil and gas leases. In the opinion in Apollo Exploration, LLC v. Apache...more

Pipeline Progeny: The Bounds of Eminent-Domain Power and FERC Certificates

Companies seeking to enforce eminent-domain power pursuant to the Natural Gas Act (NGA) and FERC certificates should continue to monitor PennEast Pipeline Co. v. New Jersey and its progeny. 938 F.3d 96, 99 (3rd. Cir. 2019)...more

New Bankruptcy Ruling Could Impact Future Midstream Contracts

On Oct. 28, 2020, the U.S. Bankruptcy Court for the Southern District of Texas delivered a key ruling affecting: (1) purchase and sale agreements for produced gas and severed minerals; and (2) agreements with “exclusive...more

Texas Supreme Court Affirms That Parties May Block Partnership Via Conditions Precedent

On Jan. 31, 2020, the Texas Supreme Court issued its highly anticipated decision in Energy Transfer Partners, L.P. v. Enterprise Prod. Partners, LP, No. 17-0862, 2020 WL 500259. In rejecting the request by Energy Transfer...more

Takeaways From IEL’s 70th Annual Oil and Gas Law Conference

The energy industry continues to improve its technological and environmental initiatives. To aid these initiatives, McGuireWoods attorneys recently attended the Institute of Energy Law’s oil and gas conference in Houston,...more

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