Babst Calland: Pennsylvania Oil and Gas Lease Act Signed Into Law, Addresses Joint Development

On July 9, 2013, Governor Corbett signed into law Senate Bill 259, also known as the Oil and Gas Lease Act (Act), amending the Guaranteed Minimum Royalty Act. In addition to providing new rights and requirements as to payments resulting from the production under oil and gas leases, the Act authorizes...

Babst Calland: Pennsylvania Oil and Gas Lease Act Signed Into Law, Addresses Joint Development

On July 9, 2013, Governor Corbett signed into law Senate Bill 259, also known as the Oil and Gas Lease Act (Act), amending the Guaranteed Minimum Royalty Act. In addition to providing new rights and requirements as to payments resulting from the production under oil and gas leases, the Act authorizes...

Babst Calland: Pennsylvania Oil and Gas Lease Act Signed Into Law, Addresses Joint Development

On July 9, 2013, Governor Corbett signed into law Senate Bill 259, also known as the Oil and Gas Lease Act (Act), amending the Guaranteed Minimum Royalty Act. In addition to providing new rights and requirements as to payments resulting from the production under oil and gas leases, the Act authorizes...

Babst Calland: Natural Gas ’Forced Pooling’ Bill Currently Pending in West Virginia Legislature

By Briana J. Marino As reported in The Wheeling Intelligencer , the West Virginia Legislature continues to consider H.B. 4558 and S.B. 578 , which would allow oil and gas producers to create production units through “Forced Pooling.” If passed, such a law would allow natural gas producers...

Steptoe & Johnson PLLC: The Impacts of the 2014 Elections on Colorado’s Energy Industry

By Lori A. Dawkins, Member, and Devin C. Daines, Associate The results and impacts of Colorado’s recent elections were widely regarded as positive by those in the energy industry. By narrowly winning a second term, Governor John Hickenlooper will be able to keep intact his oil and gas task force...