Matthew R. Stammel

Vinson & Elkins LLP

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A Texas Appellate Court Defines “willful misconduct” in a Model Form JOA in Apache Corp. v. Castex Offshore Inc.

USA - June 30 2021 A Texas appellate court recently issued guidance on the meaning of “willful misconduct” in the exculpatory clause of a model form joint operating…

Leslie Gardner Mason, Stephanie L. Noble, Brock Skelley.

To Spud or Not to Spud? In Sundown Energy LP v. HJSA No. 3, the Texas Supreme Court Interprets What “Drilling Operations” Means Under a Lease’s Continuous Drilling Clause

USA - April 27 2021 "To spud or not to spud," that was the question before the Texas Supreme Court in determining whether a lessee, Sundown Energy, maintained a lease on…

Leslie Gardner Mason, Stephanie L. Noble.

Texas Supreme Court Decision Impacts Royalty Payment Calculations: Postproduction Costs and Free-Use Clauses

USA - March 16 2021 Aided by terms of art and a long history of precedent, parties entering an oil and gas lease can generally choose from common, time-tested clauses to…

Stephanie L. Noble, Michael Zakrajsek.

In re Chesapeake Energy Corporation and In re Extraction Oil & Gas, Inc.

USA - November 4 2020 It is common for E&P companies in chapter 11 to seek to reject burdensome midstream contracts under Bankruptcy Code § 365. Rejection has not been…

Steven M. Abramowitz, Suzanne E. Clevenger, John M. Grand, Katherine Drell Grissel, Paul E. Heath, George R. Howard, Damien R. Lyster, David S. Meyer, Harry A. Perrin, William L. Wallander.

Contingency Planning for Forced Curtailment

USA - April 2 2020 There is increasing concern among oil and gas producers that the market disruption caused by the Russian-Saudi price feud and the COVID-19 outbreak…

Andrea Cohen, John M. Grand, John B. Connally IV, Phillip B. Dye, Jr., Shay S. Kuperman, Guy Stanford Lipe, Bryan E. Loocke, Danielle Mangrum Patterson, James D. Thompson.