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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...

Steptoe & Johnson PLLC: Producer Requirements Change for Expired Oil and Gas Leases

By Gary Slagel and Holly Christie The “Recording of Surrender Documents from Oil and Natural Gas Lease Act,” will take effect as Act 152, December 21, 2014. Spurred by increasing concerns around title cloud issues caused by unreleased leases, the Act requires oil and gas producers to deliver...