Lithium is becoming a valuable resource in the energy transition, particularly for its use in battery production for renewable energy storage. However, navigating the ownership rights over lithium extraction from brine — especially in complex legal frameworks like those in Texas and Arkansas — can feel like traversing a quagmire. In this session, Oliva Gibbs co-owner Brad Gibbs will dive into the intricacies of determining who owns the lithium found in produced water and brine — particularly in regions like the Smackover Formation — and how this impacts leasing strategies.