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Winter Storm Uri and Force Majeure: The Legal Battles Continue

Producer's Edge

Pioneer produces natural gas in the Permian Basin as a byproduct of its crude oil extraction operations and sends it to Targa Pipeline Mid-Continent WestTex ("Targa") for processing. ” Section 11.2: The court also relied on its prior decision in Ergon-West Virginia, Inc. Dynegy Marketing & Trade, 706 F.3d

Gas 52
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Louisiana Department of Revenue Targets Energy Companies in Rash of Oil Severance Tax Audits

The Energy Law

1] Taxes make up a large part of the industry’s direct economic impact in Louisiana: In 2013, the industry paid nearly $1.5 3] Natural resources might include, for example timber, minerals like oil and gas, coal, salt, or sulphur. Severance taxes on oil are paid based on the value of the oil at the time and place of severance.

Oil 40
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Sierra Club Asks Court to Ban Use of Legacy DOT-111 Tank Cars

The Energy Law

As if crude producers and midstream transportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.