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Environmental Groups File Suit to Compel EPA to Review and Revise Oil and Gas Waste Regulations

The Energy Law

On May 4, 2016, environmental groups sued the U.S. According to the complaint, EPA “has not completed these necessary revisions,” nor has it reviewed the Subtitle D regulations for oil and gas wastes since that time. McCarthy , Case No. The lawsuit is styled as Environmental Integrity Project, et al. See Appalachian Voices v.

Oil 40
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Louisiana Supreme Court Denies Writ Application in XXI Oil & Gas v. Hilcorp

The Energy Law

7] Before the decision, some practitioners believed that this phrase only required an operator to forfeit drilling costs associated with a well and excluded other costs associated with completing, equipping, or operating a well. [8] of natural gas in future cases. 2016-C-2181 (2017). [2] 9/28/2016), 2016 WL 5404650 [3] See id.

Oil 40
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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented. In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. BOEM issued the last and most controversial NTL, NTL No.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented. In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. BOEM issued the last and most controversial NTL, NTL No.

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Derivatives: Non-Cleared Swaps Variation Margin Update – Limited Relaxed Enforcement by the CFTC, Prudential Regulators and European Supervisory Authorities

The Energy Law

CFTC Time-Limited No-Action Relief The CFTC’s final margin rules for non-cleared swaps were published in January 2016, and require swap dealers to collect and post variation margin with each counterparty that is a swap dealer, major swap participant or financial end user. [3] 6, 2016). [4] 4] CFTC Letter No. 17-11 is available here. [5]