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White House Wants to End Royalty-in-Kind Program

The Energy Law

by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash.

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States Challenge Attempted Federal Power Grab in Hydraulic Fracturing Issue

The Energy Law

Hinnigan On June 10, 2009, the Interstate Oil and Gas Compact Commission (IOGCC) reaffirmed its strong stance that the states remain best positioned to regulate the use of hydraulic fracturing for the production of oil and natural gas.

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Federal Offshore Pipeline Decommissioning in BOEM Significant Sediment Resource Areas

The Energy Law

The denials are accompanied by an order from BSEE to decommission the pipelines by removal, with reference to Notice to Lessees (“NTL”) 2009-G04 and/or “significant sediment resource areas” (“SSRA”) in the vicinity of the pipeline. that is funded in whole or in part by or authorized by the Federal Government.”

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Third Circuit Restores Rule B Attachment Based On Breach of Contract Claim Under English Law, Implied Indemnity Claim Not Enough

The Energy Law

F]ederal maritime law governs whether a claim sounds in admiralty and that the relevant substantive law governs whether a plaintiff has alleged a valid prima facie claim,” citing Blue Whale Corp. 2009) (explaining that a valid prima facie claim must be “facially sound”). Grand China Shipping Dev. 3d 488, 495 (2d Cir. 649 F.Supp.2d

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What are the SEC Rules for Reserves, and where can I find them?

CG&A

Today, we continue the series with a brief review of the SEC rules which govern public oil and gas company filings. Please follow us at #CGAReservesReporting to see all the posts, which will accumulate into a very handy one-stop location to answer your reserves reporting questions.

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Jindal signs ethics laws

The Energy Law

Under the law, the Commissioner of Administration will post a monthly report of the appropriations and spending for each budget unit of state government. The website is supposed to be fully functional by January 2009. House Bill 1: Requires disclosure of income for elected or public officials.

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U.S. House of Representatives Passes Energy Bill

The Energy Law

Subtitle E amends the FOGRMA of 1982 to repeal royalty overpayment interest for lessees by the federal government and mandates that when royalty adjustments are made resulting in an underpayment by lessee the royalty obligation clock starts when the date the adjustment is taken.

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