News & Analysis as of

Joint Operating Agreement Revenue

Gray Reed

JOA Cross-Netting Question Almost Answered

Gray Reed on

One of the questions raised in 1776 Energy Partners, LLC v. Marathon Oil EF, LLC was whether Marathon as operator could apply revenues owed to non-operator 1776 under one joint operating agreement to satisfy unpaid debts owed...more

Gray Reed

Lessons from an Operating Agreement Dispute

Gray Reed on

Jatex Oil & Gas, L.P. v. Nadel & Gussman Permian, L.L.C. presents several teachable moments: The Texas Property Owner Rule does not allow a non-expert testify on matters requiring expert testimony....more

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