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Supreme Court Denies Relief to Oil Companies

The Energy Law

In BHP America Petroleum Co. Burton , 549 U.S. — (2006), the Supreme Court resolved a legal issue that has been at the center of federal royalty litigation for twenty years: viz. whether 28 U.S.C. 2415(a), which imposes a 6-year statute of limitations for Government “every action for money damages.

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

Rextag

Fact: This was Conocos boldest move since its merger with Burlington Resources in 2006. Occidental Petroleums Acquisition of CrownRock Value: $12 billion Date: March 2024 Occidental acquired CrownRocks 70,000 acres in the Permian Basin, adding 50,000 boe/d to its production. Sunocos Acquisition of NuStar Energy Value: $7.3

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