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Oil and gas law practitioners usually fall into three broad categories. First, oil and gas companies usually have in-house attorneys that advise the company of its rights and the legal issues. These attorneys are usually assisted by landmen, who examine property titles, land oil and gas rights, and acquire property for the company. Landmen may ...
The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas.Owning over 880,000 acres (3,600 km 2) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas.
A commercial entity, the contractor company, is being engaged to extract petroleum according to some contract. The countries using this type of systems, often have their state-owned oil company to represent the interests of the state. As of concessionary systems, more than one oil company can make partnerships in the license.
In fiscal 2024, 99% of Texas oil and natural gas royalties were deposited into the Permanent School Fund and the Permanent University Fund, $1.5 billion and $1.9 billion, respectively.
2008 - Rainbow oil pipeline in Northern Alberta [12] 2012 - Canadian NGL business from BP [13] 2017 - Alpha Crude Connector gathering system and pipeline in the Permian Basin for $1.2 billion. [14] 2019- The Cactus II Pipeline System enters service, capable of transporting 670,000 barrels of crude oil per day from Wink, Texas to Corpus Christi ...
Energy stocks started the new year with a bang as January proves to be a robust month for oil and gas. ... while Brent traded near $77. Both contracts are up roughly 10% and 8%, respectively ...
The Permian Basin Royalty Trust (NYSE: PBT) is a United States oil and natural gas royalty trust based in Dallas, Texas.With a market capitalization of US $790,000,000, and an average daily trading volume of about 186,000 shares at the end of 2007, it was one of the largest royalty trusts in the United States.
WASHINGTON/HOUSTON (Reuters) -Chevron Corp on Saturday received a U.S. license allowing the second-largest U.S. oil company to expand its production in Venezuela and bring the South American ...