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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

By 2005, analysts predicted the Bakken contained 4.3 billion in profit in 2005, the highest ever recorded by a corporation. By 2005, ExxonMobil produced over 4.1 By 2005, Halliburton serviced over 40% of the U.S. Expanded operations in Alaska and the North Sea, pushing the boundaries of deepwater exploration.

Oil 52
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Lexington Land purchased the property in June 2005 but did not obtain from the prior owners an assignment of the right to sue for property damage that occurred before the 2005 sale.

Casing 59
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Lexington Land purchased the property in June 2005 but did not obtain from the prior owners an assignment of the right to sue for property damage that occurred before the 2005 sale.

Casing 52
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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Lexington Land purchased the property in June 2005 but did not obtain from the prior owners an assignment of the right to sue for property damage that occurred before the 2005 sale.

Casing 52
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MMS Preparations for Hurricane Season

The Energy Law

The web site is designed to describe and explain improvements instituted since Hurricane Season 2005, when Hurricanes Katrina and Rita cut a destructive path through the Gulf of Mexico, Louisiana and Mississippi. These practices were developed in collaboration with industry and many of the new requirements have already been implemented.

Health 40
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You Cannot Just Read the Regulations to Understand Stormwater Permitting for Oil and Gas Activities!

The Energy Law

To understand the stormwater permit requirements for oil and gas activities, you need to review not only the regulations that remain in force, but also the Clean Water Act as amended by the Energy Policy Act of 2005. CWA §402(l)(2). EPA subsequently issued regulations implementing this exemption. 40 CFR §122.26(c)(1)(iii). c)(1)(iii).

Oil 40
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Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude

The Energy Law

In Cannisnia Plantation , the Louisiana Second Circuit faced the issue of whether a mineral servitude owner conducted good faith operations sufficient to interrupt the prescription of non-use of a mineral servitude. 1] 53,252 (La. 1] 53,252 (La. 3/4/20), 2020 WL 1036500. [2] 2] 45,160 (La. 5/28/10), 37 So.