Energy Webcast - "Money Talks: An Overview of Recent Production Deduction Cases in Texas."
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Following up on our November Webcast, Money Talks: An Overview of Recent Post-Production Cases, this webcast will focus on how Texas has treated this perennially thorny issue. We’ll give particular attention to the leading cases, Heritage Resources and Hyder, as well as the recent appeals court decision in Burlington Resources, which is on appeal to the Texas Supreme Court.
Among the topics for discussion:
- What are post-production costs in Texas?
- What effect does a “Anti-Heritage Clause” have on a lease?
- How does Texas treat post-production costs differently from other states?
- Can post-production costs be deducted from an overriding royalty?
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