The Texas Supreme Court held that landowners have an ownership interest in the water beneath their property that cannot be taken for public use without adequate compensation under the Texas Constitution. The Texas courts have long held that landowners have ownership in oil and gas beneath their ...

The U.S. Supreme Court reversed a state court decision that Montana may charge rent from an electric company that owns dams on the Missouri, Madison, and Clark Fork rivers. The Montana Supreme Court held that title to the riverbeds passed to Montana when it became a state in 1889 and awarded alm...

...

A district court held that an oil company may not seek insurance coverage for damages it incurred following the Deepwater Horizon oil spill under the oil rig owner's insurance policies. The underlying insurance policies refer to the drilling contract between the rig owner and the oil company to dete...