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Blog posts tagged with "oil & gas"

How Will My Pipeline Easement Payment Be Taxed?

By Garrett Roach   |  September 9, 2019

The recent oil and gas drilling boom in southeastern Ohio, Pennsylvania and West Virginia has brought about an unexpected visitor for many landowners, including some far For landowners considering a pipeline easement "an ounce of prevention is worth a pound of cure". Proper professional advice and advance planning can save you thousands of dollars. Find out your exact tax consequences before you sign.

Poor Record Keeping Can Make It More Difficult to Prove a Lack of Production in Paying Quantities

By Andrew Lycans   |  July 7, 2017

Ohio courts have long held that a well is producing in paying quantities if the revenues from the well exceed the expenses involved in maintaining the well. Unless production from the leased property has ceased in its entirety, mineral owners face an inherent disadvantage in deciding whether to argue that wells on the property are no longer producing in paying quantities and the lease has therefore terminated.

Keywords: oil & gas

Federal Energy Regulatory Commission Approves Nexus Route Through Medina County

By Daniel Plumly   |  December 5, 2016

On November 30, 2016, the Federal Energy Regulatory Commission, approved a route for the Nexus Gas Transmission pipeline project that will take it 23.38 miles across Medina County. The approved route will bring the Nexus pipeline into the northern part of the county to the south of State Route 57 in a southeast direction, exiting the county near Wadsworth.

Ohio Supreme Court Rules the Dormant Mineral Act of 1989 was Not Self-Executing

By Andrew Lycans   |  September 16, 2016

On September 15, 2016, the Ohio Supreme Court issued decisions in twelve cases concerning the proper interpretation of the Dormant Mineral Act of 1989 (the "1989 Act").

Court Refuses To Allow Local Communities To Curtail Oil And Gas Drilling

By Clint Leibolt   |  August 12, 2016

The Court held that the ODNR has the sole and exclusive authority to regulate oil and gas drilling in Ohio, and that this exclusive authority prevents local government interference with such development.

Keywords: oil & gas

Oil & Gas Leases May Include Implied Requirement of Minimum Number of Wells to Fully Develop Property

By   |  April 15, 2016

If you are considering leasing your minerals, be aware that disclaiming implied covenants can significantly affect your rights and the producer may be willing to negotiate on this (or other) issues.

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