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Supreme Court of Kentucky provides guidance on deduction of post-production costs
  • Reed Smith LLP
  • USA
  • August 31 2015

On August 20, 2015, the Supreme Court of Kentucky published two opinions addressing questions about the propriety of deduction of certain


Pennsylvania Supreme Court considers equitable extension of lease terms
  • Reed Smith LLP
  • USA
  • October 9 2014

The Pennsylvania Supreme Court has accepted a certified question in a case that may provide oil and gas operators some relief from the uncertainty


Inceasing costs in Marcellus? A new application of recorders' fee is proposed in Pennsylvania
  • Reed Smith LLP
  • USA
  • August 2 2011

With Pennsylvania courts looking to increase administrative costs, it may get more expensive to be involved in Marcellus Shale leasing activity.


Proposed Pennsylvania bill would result in lease expiration as to land not being used for oil or gas production
  • Reed Smith LLP
  • USA
  • March 8 2011

In addition to a number of other Marcellus Shale-related bills introduced in the Pennsylvania House and Senate over the past few months, Senate Bill 722 was also laid on the table last week.


Pennsylvania rescinds EIS policy for well operators seeking to drill on state land
  • Reed Smith LLP
  • USA
  • February 25 2011

Last week, Pennsylvania Governor Tom Corbett rescinded a policy that required well operators who wanted to drill for natural gas in state park and forest land to obtain an environmental impact assessment statement from the Pennsylvania Department of Conservation and Natural Resources (DCNR) before applying for a drilling permit.


New Marcellus Shale laws in Pennsylvania would impact subsurface property rights and pooling
  • Reed Smith LLP
  • USA
  • August 9 2010

Two new Marcellus Shale laws are currently in the works in Pennsylvania.


Pennsylvania Supreme Court holds in favor of gas industry in Minimum Royalty Act litigation
  • Reed Smith LLP
  • USA
  • March 25 2010

The Pennsylvania Supreme Court issued a much-anticipated opinion interpreting Pennsylvania's Minimum Royalty Act, 58 P.S. 33, today, holding that royalties should be calculated "at the wellhead, as provided by the net-back method in the Lease".