2014 Abandonment Energy 
The Energy Law
AUGUST 18, 2016
This clarification comes after a number of leaks in 2014 and 2015 from pipelines that were believed to be “abandoned.” In two incidents, the current owners or operators of the pipelines had purchased the pipelines from previous owners or operators with the understanding that the pipelines had been properly abandoned before purchase.
The Energy Law
APRIL 30, 2020
The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. On November 5, 2014, the landowner provided notice to the mineral servitude owner that the mineral servitude expired and requested a recordable act evidencing its expiration effective June 28, 2006. A well was spud on March 28, 2006.
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The Energy Law
OCTOBER 15, 2020
The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.
The Energy Law
OCTOBER 15, 2020
The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.
Crude Oil Futures
DECEMBER 8, 2024
President Trump will not abandon his, Drill, baby, drill strategy for sure. They made a controversial move in 2014 not to cut down on the production, when oil prices started falling; the OPEC+ decided to stick to its agreed production level, something that was interpreted as pushing the higher-cost shale producers against the wall.
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