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U.S. Shale Revolution Slows Down: The Start of a Decline?

Energy Central

Oil and gas fields, no matter how productive, eventually decline. oil production had been steadily falling for decades, while natural gas output had plateaued. Beginning in 2006, U.S. Before the transformative impact of the shale boom, U.S. The Shale Boom’s Impact on U.S.

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Christmas Eve Edition: 2024 Oil and Gas Results – Top Deals and a Bonus to End the Year

Rextag

At Rextag, we couldnt think of a better gift for our readers than a look back at the deals that shaped the oil and gas industry this year. So, while you sip your cocoa and enjoy the holiday glow, lets dive into the most impactful oil and gas deals of the yearcomplete with a festive bow and a little extra surprise at the end.

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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

While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline. A well was spud on March 28, 2006. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006.

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Texas Supreme Court to Hear Miesch Case

The Energy Law

The Court will also hear arguments on the applicability of the discovery rule and fraudulent concealment to claims by oil and gas lessors. Liskow & Lewis attorney Butch Marseglia submitted an amicus curiae brief on behalf of The Texas Oil & Gas Association. Emerald Oil & Gas v. Emerald Oil & Gas Company, L.P.,

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Louisiana Legislature Modifies Oilfield Cleanup Legislation

The Energy Law

ACT 312 BEFORE THE NEW LEGISLATION Act 312 of the 2006 legislative session was enacted in response to judicial decisions that awarded significant damages for remediation costs with no obligation for landowners to actually use such awards for cleanup work. These changes are summarized below. Mr. McNeal received his LL.M.

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