The Royalty Resiliency Act (RRA or Act) requires the Secretary of the Interior, or the Bureau of Land Management (BLM) under delegation of the Secretary, to issue all determinations of allocations of production for units and communitization agreements (CA) within 120...
On June 3, 2024, Colorado Governor Jared Polis approved House Bill 24-1472 (the “Bill”), which increases the damage caps for tort and wrongful death actions beginning January 1, 2025. The Bill will increase the cap for non-economic losses or injuries[1] from $250,000...
Each year, the Office of Natural Resources Revenue (ONRR) allows states to determine whether they want to participate in a royalty reporting simplification process, benefiting leaseholders of marginal wells. The process includes ONRR providing a list of qualifying...
Last week, the New Mexico Public Regulation Commission (PRC) adopted amendments to New Mexico’s Community Solar Rule (17.9.573 NMAC) that will bring significant developments to the state’s solar energy landscape. Importantly, the PRC raised the statewide solar...
The Royalty Resiliency Act, House Resolution 7377, (“the Act”) was signed into law by President Biden on September 20, 2024, and requires the Secretary of the Interior to issue all determinations of allocations of production for units and communitization agreements...
