News & Analysis as of August 21, 2025

Foreclosure › Oil & Gas

+ Follow

Foreclosure is a legal process whereby a lender seeks to force the sale of a mortgaged property in order to recover the balance of a delinquent loan. Recently, the foreclosure process has been the subject of greater legislative and judicial scrutiny after systemic abuses were uncovered during the widespread foreclosure crisis resulting from the Great Recession. less -

Texas Court Shields Severed Mineral Interests from Tax Foreclosure Judgment

Gray Reed on 4/15/2025

In Bush v. Yarborough Oil & Gas, LP a decades-old tax foreclosure judgment did not affect a previously severed mineral interest not owned by the delinquent taxpayer. The mineral owners were neither named nor served in the...more

Texas Supreme Court Allows Enforcement of a JOA Debt After Foreclosure

Gray Reed on 3/14/2025

In Steelhead Midstream Partners, LLC v. CL III Funding Holding Company, LLC, the Texas Supreme Court authorized a pipeline owner’s breach-of-contract claim—alleging a co-owner used foreclosure to avoid cost-sharing...more

Tax Foreclosure on Royalty Did Not Include Possibility of Reverter

Gray Reed on 7/1/2021

Ridgefield Permian, LLC, et al. v. Diamondback E & P LLC, et al. addresses the scope of a property interest foreclosed upon by a tax suit in Reeves County, Texas. In this post we will shortcut the complicated facts and...more

Roetzel & Andress: 2020 Appellate Year In Review

Roetzel & Andress on 1/29/2021

The Appellate Law Practice Group of Roetzel & Andress represented clients in a wide variety of cases in both state and federal courts, appealing adverse trial court rulings and successfully defending lower court victories on...more

Energy Newsletter - September 2020

King & Spalding on 9/18/2020

Climate Change Litigation on the Horizon with Trump Environmental Overhaul - On July 16, 2020, President Trump’s Council on Environmental Quality (“CEQ”) published the long-awaited final rule revising the implementing...more

Broad Settlement Discharges Mineral Liens

Gray Reed on 4/29/2019

When you prepare, review and/or sign settlement agreements you sometimes pay less attention than you should to the details of those “standard” releases! Acme Energy Services, d/b/a Big Dog Drilling v. Staley et al. says,...more

Foreclosure Included the Minerals Because the Documents Say So

Gray Reed on 4/24/2018

In XTO Energy v. EOG Resources, a title dispute over the mineral estate in 1,653 acres in Atascosa and McMullen counties, Texas, the loser tried both, to no avail....more

Can a Lease Survive Foreclosure?

Troutman Pepper Locke on 10/4/2017

Two recent federal foreclosure cases applied Texas law and one highlighted a fact situation that may involve a new (2015) statute. In Arbuckle v. Chesapeake, Case No. 3:14-CV-04584-M (N.D. Texas, Dallas Division September...more

Does it Matter if a Deed Correction is Material?

Gray Reed on 3/7/2017

McCabe Trust v. Ranger Energy LLC, is the consequence of failing to comply with the Texas Property Code when correcting real property conveyances....more

The Model Form JOA in Hard Times (and Farewell, Rally Possum)

Gray Reed on 6/16/2016

Good morning class. Welcome to an advanced course on what can go wrong with the Model Form just when you need it. FIRST CASE - Do you know where to file your UCC financing statement?...more

Community Banking Excellence - First Quarter 2016

Spilman Thomas & Battle, PLLC on 3/4/2016

In This Issue: - Another Perspective: We interviewed Michelle Crook, CFO of the Bank of Botetourt, and Chris Snodgrass, CFO for Bank of Marion, for our Community Banking Excellence this quarter. We wanted to know...more

11 Results

View per page

Page: of 1

Foreclosure › Oil & Gas

"My best business intelligence, in one easy email…"