When an operator mistakenly overpays a royalty owner, it can recoup the overpayment from future royalties. While this is a common industry practice, the doctrine of equitable recoupment is seldom discussed in detail by Texas courts.
The IRS has obsoleted nine pieces of sub regulatory guidance in accordance with an executive order by President Trump to improve government efficiency by reducing regulations. In identifying the guidance documents for removal, the IRS determined that these guidance documents no longer provide useful information.
Among the guidance obsoleted by Notice 2025-22 is Notice 2015-73
On April 8, 2025, President Trump issued an Executive Order (EO), “Protecting American Energy From State Overreach,” aimed at “unleashing American energy” by directing the U.S. Attorney General (AG) to identify state laws and policies that burden the development of domestic energy resources and “are or may be unconstitutional, preempted by Federal law,
On this episode of “Energy Law This Week”, Liskow attorneys Matt Jones and April Rolen-Ogden delve into the complexities of federal offshore issues by focusing on the jurisdictional foundation, the leasing processes, environmental regulations, and the implications of political changes on offshore operations.
On April 9, 2025, the United States Court of Appeals for the Fifth Circuit held that faith- and community-based groups1 (the “Groups”) representing certain residents of St. James Parish, Louisiana, may continue with their suit seeking a moratorium on the construction and expansion of industrial facilities in the Parish. See Inclusive Louisiana v. St. James
In 2024, the Bureau of Ocean Energy Management (“BOEM”) issued new financial assurance (“FA”) regulations requiring an estimated $6.9 billion in new supplemental FA from federal offshore oil and gas lessees and grantees, all in excess of base-level bonding amounts (the “Rule”).
In Corbello v. Iowa Prod. Co., 850 So. 2d 686 (La. 2003), the Louisiana Supreme Court recognized a “loophole” in the law where a landowner was allowed to recover millions in remediation damages for oilfield contamination without any requirement that the money be used for actual restoration.
The 2025 Louisiana Legislative Session will officially begin on Monday, April 14. Twenty bills have been filed on carbon capture sequestration in Louisiana.
Several bills aimed at making changes to Louisiana severance tax laws were filed on Friday, the deadline for pre-filing bills to be considered during the Louisiana Legislature’s upcoming regular session, which is a fiscal one.
On April 3, 2025, the Louisiana Department of Revenue published Revenue Information Bulletin No. 25-013 clarifying the proper sales and use tax treatment for rentals of cranes and other equipment with operators. Under Act 11 of the Third Extraordinary Session of 2024, the Louisiana Legislature repealed the statutory sales and use tax exclusion for the
