12/06/2024
How can operators protect themselves when title disputes arise?
In our latest blog post, we explore the Texas Supreme Court case, Freeport-McMoRan Oil & Gas LLC, and Ovintiv USA Inc. v. 1776 Energy Partners, LLC. Specifically, we'll examine the Safe Harbor Provisions of the Texas Natural Resources Code, and how operators can and should take advantage of the statute to protect themselves. Learn how these provisions allow operators to withhold payments without interest during title disputes and what it means for lessors and lessees.
https://hubs.la/Q02XMhtL0
Key takeaways from the Texas Supreme Court case on Safe Harbor provisions for title disputes and interest accrual in Freeport-McMoRan v. 1776 Energy.