Tiffany Dowell Lashmet and Karli Kaase, with Texas AgriLife Extension, have put together a great resource for landowners considering carbon contracts. It can be found here. Tiffany has regular blog posts providing great information for landowners.
Oil and Gas Lawyer Blog
Texas Leads US in Renewables
From Visual Capitalist (click on image to enlarge):
Colors of Hydrogen
Maybe you’ve heard of “green hydrogen.” There’s been a lot of press lately about projects to produce hydrogen to use as an alternative fuel, and the Inflation Adjustment Act provides tax credits for production of “green hydrogen.” But did you know that there are other hydrogen “colors”? An excellent article…
Carbon Capture and Underground Storage
Since passage by Congress of the Inflation Reduction Act (IRA) in 2022, significant activities and developments have taken place in Texas regarding carbon capture and underground storage (CCUS) projects. The IRA provides tax credits for injection and underground storage of carbon dioxide. As a result, major companies have begun developing…
A New Ad Valorem Tax Exemption for Minerals Owned by Charities
Governor Abbot has signed House Bill 456, passed by the Legislature, granting certain charities an exemption from ad valorem taxes on their oil and gas royalties, effective January 1, 2024. The bill amends Tax Code Section 11.18(a), which provides ad valorem tax exemptions for charitable organizations, including churches and educational…
Texas Supreme Court Agrees to Hear Appeal of MIPA Case
Today the Texas Supreme Court agreed to hear Ammonite Oil & Gas Corp. v. Railroad Commission of Texas and EOG Resources, an appeal from the Commission’s denial of sixteen applications by Ammonite under the Mineral Interest Pooling Act. I wrote about this case when it was decided against Ammonite by…
Texas Leads in Solar and Wind Energy Projects in 2023
Click on images to enlarge.
“No form of energy is renewable.”
Excerpts from Dr. Scott Tinker’s AEIN – Alfred J. Boulos lecture: “Energy security underpins economic security, which in turns lets you invest in the environment and obtain climate security. If you start by focusing on low emissions, you will not get energy that is affordable or reliable. You need to…
Dr. Scott Tinker on the Future of Energy
Below is an article from Dr. Tinker, written in advance of his upcoming lecture at the International Energy Summit on June 1, used with permission. When it comes to managing Energy, optionality is vital Dr. Scott Tinker, Director, Bureau of Economic Geology, The University of Texas at Austin, talks…
A Great Resource for New Mexico Oil and Gas Law
Thomas C. Turner, Jr. has written a great brief summary of oil and gas law in New Mexico. A great resource for anyone who owns minerals in New Mexico. You can buy it on Amazon.