State Oilfield Anti-Indemnity Statutes May Null Contracts

Law360, New York ( February 13, 2014, 1:07 PM EST) -- Indemnity provisions are a common feature of many a contract in Texas, and oilfield services contracts are no exception. Four oil-producing states, including Texas, have felt it necessary to enact statutory provisions that limit the scope of these indemnity provisions. In particular, these statutes will, at times, render unenforceable an indemnification provision that purports to require indemnification for the indemnitee's own negligence....

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