Tax deeds void as to proceeds of oil produced prior to issuance of tax deedBy Curt LackeyMineral Law, September 2011Oil buyers should not pay out oil proceeds generated prior to the issuance of Tax Deeds purporting to cover impounded proceeds. Those proceeds belong to the owner of the property sold for taxes up to the date of the issuance and recording of the Tax Deed. If that owner cannot be found, then those proceeds must be handled as unclaimed property and reported to and sent to the Illinois State Treasurer in accordance with the Unclaimed Property Statute.
Illinois drilling permits—The decline continuesBy James K. Weston, Sr.Mineral Law, May 2010Drilling permit applications seem to have stabilized at lower-than-historic levels but also have rebounded from their lowest levels.
Illinois drilling permits—The upward trend endsBy James K. Weston, Sr.Mineral Law, October 2009An analysis of drilling permit applications in the last few years reflects a flattening of production activity. World oil prices now range between $60 and $70 per barrel.
Legislative reportBy James K. Weston, Sr.Mineral Law, October 2009The first year of the 96th General Assembly was again one of the most active periods in legislative history. It had many truly historic moments, not the least of which was the impeachment of Governor Blagojevich. The following is a brief review of the Acts passed having a bearing on mineral law and general real estate matters.
Support the ISBA Resolution for Congressional Amendment to the Natural Gas ActBy Michael A. MattinglyAgricultural Law, July 2009Over the past several years many property owners throughout the state have faced an issue where energy companies under the Natural Gas Act have received certificates of public convenience issued by the Federal Energy and Regulatory Commission to condemn property.
Illinois drilling permits—The upward trend endsBy James K. Weston, Sr.Mineral Law, June 2009An analysis of drilling permit applications in the last few years reflects a flattening of production activity.
Division of oil and gas directory updateMineral Law, April 2009Those seeking to contact the Illinois Division of Oil and Gas of the Office of Mines & Minerals of the Department of Natural Resources may find the following contact information helpful.
Illinois drilling permits—The upward trend endsBy James K. Weston, Sr.Mineral Law, April 2009An analysis of drilling permit applications in the last few years reflects a flattening of production activity.
New Venue Case of Interest: Illinois v. LeavellBy James K. Weston, Sr.Mineral Law, April 2009A discussion of the recent case of The People of the State of Illinois ex. rel. Lisa Madigan, Attorney General of the State of Illinois v. Eva Lovene Leavell, d/b/a L&L Supply Company.
Illinois drilling permits—The upward trend advancesBy James K. Weston, Sr.Mineral Law, December 2008An analysis of drilling permit applications in the last few years reflects a flattening of production activity.
Legislative reportBy James K. Weston, Sr.Mineral Law, December 2008The second year of the 95th General Assembly was again one of the most active periods in legislative history.
Illinois drilling permits—The upward trend advancesBy James K. Weston, Sr.Mineral Law, September 2008An analysis of drilling permit applications in the last few years reflects continued modest increases in production activity.
Illinois drilling permits—The upward trend advancesBy James K. Weston, Sr.Mineral Law, June 2008An analysis of drilling permit applications in the last few years reflects continued modest increases in production activity.
The surface transportation rides to the rescueBy David M. WilliamsMineral Law, June 2008Oil producers in the Illinois Basin oftentimes do not have ready access to a pipeline to transport their produced crude oil.
Illinois drilling permits—The upward trend advancesBy James K. Weston, Sr.Mineral Law, March 2008An analysis of drilling permit applications in the last few years reflects continued modest increases in production activity.
Illinois drilling permits—The upward trend continuesBy James K. Weston, Sr.Mineral Law, December 2007An analysis of drilling permit applications in the last few years reflects continued modest increases in production activity.
Oil and gas law for the non-oil and gas lawyerBy John C. Robison, Jr.Mineral Law, December 2007 In this article an overview of oil and gas law is presented for the practitioner who only occasionally encounters real estate with oil and gas issues.
Illinois drilling permits—The upward trend continuesBy James K. Weston, Sr.Mineral Law, October 2007An analysis of drilling permit applications in the last few years reflects continued modest increases in production activity.
Legislative reportBy James K. Weston, Sr.Mineral Law, October 2007First we will review those new Acts that pertain directly to Mineral Law.
Illinois drilling permits—The upward trend continuesBy James K. Weston, Sr.Mineral Law, June 2007An analysis of drilling permit applications in the last few years reflects continued modest increases in production activity.
Legislative updateBy James K. Weston, Sr.Mineral Law, June 2007Two bills were filed in the Spring Session of the 95th General Assembly that have particular bearing on the mineral industry in Illinois.