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Gold for oil policy at risk of illicit financial flows – ISSER

Reporting Oil and Gas

The Institute of Statistical Social and Economic Research (ISSER) warns that the government’s ‘Gold for Oil’ policy, designed to tackle the foreign exchange demands of oil importers, is susceptible to Illicit Financial Flows (IFF). trillion lost to money laundering. trillion lost to money laundering.

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Louisiana Legislature to Consider Amendments to Forced Pooling Regime Requiring Operators to Pay Lessors of Nonparticipating Working Interest Owners Directly

The Energy Law

The bill, HB 590 , extends a prior substantive change in the law that was affected by the 2012 amendments to La. As was the case in 2012, this proposed amendment would also extend this direct payment requirement to any overriding royalty interests burdening the nonparticipating owner’s lease.

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Energy Transfer’s Executive Chairman Kelcy Warren

Energy Transfer

Recent awards include Hart Energy , Texas Oil & Gas Associations (TXOGA) , SMU Cox’s Maguire Energy Institute , and D CEO Magazine. His $10 million donation in 2012 was instrumental in the creation of Klyde Warren Park , a beloved 5.2-acre acre green space that reconnects the citys uptown and downtown areas.

Energy 52
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Louisiana Third Circuit Addresses Payment of Royalties in Situations Involving Production Under a Mineral Lease Pursuant to a Conditional Allowable Prior to Unitization

The Energy Law

2] The Defendant-Lessee drilled a gas well on the leased premises on February 14, 2012. [3] 3] The well, which was to produce from a reservoir and zone under the property of multiple landowners, was completed on April 27, 2012 and began production on May 18, 2012. [4] Anglo-Dutch Energy, L.L.C. , Anglo-Dutch Energy, L.L.C. ,

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Trial Court Rules that Article 22’s “Original Condition” Refers to Property’s Condition at the Creation of a Mineral Servitude

The Energy Law

The plaintiff landowner sued the present mineral servitude owner in 2012, and argued that under Article 22, the servitude owner was required to restore the property to its “original condition” as of the 1930s—before the commencement of oil and gas operations.

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Louisiana State and Federal Courts Split Over Parties Entitled to Reports Under La. R.S. 30:103.1

The Energy Law

requires operators or producers of oil and gas units created by the Louisiana Commissioner of Conservation to provide reports containing information related to well costs and production to owners of “unleased oil and gas interests” (referred to herein as “103.1 1] In XXI Oil & Gas v. report(s)”). 4] Subsequently, the U.S.

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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law

In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. August 2018 was not an anomaly.

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