Exxon Mobil Corp. involved in multiple oil and gas disputes
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
The use of fossil fuels for various endeavors and the collecting of those materials are often points of contention in differing groups. In some cases, oil and gas disputes can lead to serious lawsuits that put companies in the position of having to defend their uses and business practices. Unfortunately for those companies, these disputes are not uncommon. California readers may be interested in disputes involving Exxon Mobil Corp. According to reports, the company is accused of providing false information to investors regarding the impacts that emissions can have on the climate. Claims i ..read more
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California land opens up to oil and gas transactions
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
Oil and gas can offer lucrative opportunities for individuals interested in the drilling industry. Of course, it can be complicated to lease land in order to drill, and it is important that any oil and gas transactions are carried out properly. As a result, when individuals hear of land opening up for drilling, they may want to look into their options. It was recently reported that 725,000 acres in California have been opened up for drilling. The land, which includes parts of the Central Valley and Central Coast, has been off-limits to drilling since 2013, but the Bureau of Land Management rec ..read more
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Handling oil and gas disputes in a timely manner
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
When disputes arise in any industry, many different problems may surface, and this is especially true in the world of oil and gas. These disputes can become more complicated and frustrating as time passes, which is one reason why oil and gas companies faced with a dispute should try to handle these disagreements in a timely manner. Not to mention, these disagreements can be very difficult in terms of time, money and energy. Finding a favorable resolution as soon as possible is very important and can help minimize the damage of a dispute. There are a number of ways in which oil and gas company ..read more
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Innovative strategy may revolutionize oil and gas industry
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
With competition as pressure-filled as it is in the oil and gas industry in California, it is no wonder why many producers go to great lengths to implement innovative strategies to try to get an upper hand. One way they can do this is by developing a strong business strategy that is able to withstand the ebbs and flows of the economy without compromising key components of organizational structure.  This is where the idea of a platform strategy comes into play, which is an innovative way to combine technology and data management to optimize the use of valuable information within the oil an ..read more
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Tips for successful oil & gas lease negotiation
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
At its core, negotiating a California oil and gas lease is about protecting your best interests, so the more you understand about the process and your rights as an individual with mineral interests, the more favorable your lease negotiations will likely be. At Ehrlich • Pledger Law, LLP, we have considerable experience helping clients navigate complex oil and gas issues, and we have helped many of them work through complicated lease negotiations and find solutions that best accommodate their needs. According to SmallBusiness.Chron.com, one of the first things you should do during oil and ..read more
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When to inspect an oil lease
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
At Ehrlich • Pledger Law, LLP, we understand that emotions tend to run high when oil and gas leases are involved. For prospective sellers, these contracts have the potential to represent a serious windfall. For buyers, they are a major investment. It is natural for nerves to get frayed when this much is at stake. Nevertheless, it often takes a level head to go through gas and oil lease documents with an eye for detail. Even relatively common forms of these leases often contain — or could benefit from, for that matter — language that pertains specifically to the deal in question. We attempt to ..read more
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Is the U.S. in danger of oversupply?
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
The oil and gas industry, like many other industries in the United States, is a fine balance between production and overproduction. The risk of oversupply can affect the stability of many oil producers in California as well as across the country. With the importation of oil and gas from other countries, it is critical to keep an eye on local oil companies and how this can affect their ability to survive.  Although the market is expected to be volatile in price and production, experts are seeing a trend that local U.S. producers will be able to overcome any challenges this may bring. A con ..read more
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Supervisors allegedly taking personal profits
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
The California Department of Conservation’s Division of Oil, Gas and Geothermal Resources is responsible for providing the state with drilling permits, keeping the environment and economy’s best interests in mind. Yet some people believe that supervisors in these departments are looking out for their personal interests rather than those of the state and its citizens. Consumer watch groups are pointing their fingers at certain supervisors alleging that they are taking personal profits from the issuance drilling permits. The supervisors that are in charge over the department should have a separa ..read more
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Protect the value of your royalties with these tips
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
If you are considering whether or not to sell some of your mineral royalties in California, chances are you are going to want to find a buyer who will respect the value of your assets. At Erhlich Pledger Law, LLP, we have considerable experience helping people to make strategic decisions when they are working with oil and gas transactions.  As with anything, there are more appropriate times than others to consider selling your royalties to someone else. Deciding when to begin soliciting your royalties is a matter of how much you wish to get for them, the condition of the market, the appea ..read more
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How much should mineral royalties be?
Pledger Law PC
by On Behalf of Pledger Law, PC
3y ago
The California gas and oil businesses are complex. If you own land or mineral rights, you probably work with those who hold interests or leases in the minerals, mining rights or royalties. Normally, contracts with these individuals and companies could provide consistent value to you as an owner. However, things do not always go as smoothly as intended. Generally speaking, you can prevent many mineral disputes by establishing sound and fair contracts at the outset of a business partnership. Here is some information about establishing lasting royalty agreements, including some typical industry c ..read more
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