Posts Written By: John Brody

Strategies to Manage Insolvency and Bankruptcy in the Oil and Gas Downturn

Hard times for the oil and gas industry—what a year, 2015—insolvency issues. Tis true that the oil and gas industry runs in cycles, but this transition to bust has been fast and furious. Looking back at 2015 is hard enough. How about looking ahead? Turning off the spigot is having its consequences, all up and down […]

Waterless Fracking: Is It Worth the Cost?

Hydraulic fracturing is a technique used to bring oil or gas to the surface after drilling a production well deep into the shale and other rock formations. Traditional fracking techniques include injecting a mixture of water and sand, commonly referred to as “brine,” at a high pressure into the earth to fracture the rock, which […]

Oil + Gas Law for Beginners: Understanding the Mineral vs. Royalty Distinction

Instruments that convey oil and gas interests can be difficult to interpret. Frequently, industry terms of art are used interchangeably, and the intent of the drafters is difficult to determine, particularly with very old instruments. One common source of confusion is the language used to convey or reserve mineral and royalty interests. A “mineral interest” […]

Oil + Gas Law for Beginners: Differentiating Between Production Wells + Injection Wells

Over the past few years, “oil and gas well” and “injection well” have increasingly become part of the lingo throughout the state of Ohio. But, what do these terms mean? For individuals who are just beginning to get involved in Ohio’s bourgeoning oil and gas industry, differentiating between all of the numerous technical terms can […]

New Code Changes Process for Oil + Gas Lease

The new Ohio Revised Code section 5301.332 provides the process for forfeiture of an oil and gas lease. A lessor under an oil and gas lease, who has a right to pursue a forfeiture of that lease for expiration of the lease term, or, failure to abide by covenants in the lease, must serve notice […]