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Offshore Companies Face Surge in BSEE Enforcement Actions and Penalties

The Energy Law

Moreover, in July 2016, BSEE increased the maximum daily penalty rate from $40,000 to $42,017. [2] For more information on the mechanics of BSEE enforcement actions and the process for challenging INCs and civil penalties, see Stephen W. Wiegand, “INCs, Civil Penalties, and the Appeals Process,” 2016 NO. 7 (2016). [1]

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Struggling With Underperforming Gas Lift Wells?

OilPro

The LiftPlus system is a positive displacement pump which is not actuated mechanically with sucker rods. national weighted average CO 2 marginal emission rate, year 2016 data) GHG Emission Effect Base Case One LiftPlus System replacing 1 ESP using 150 HP of continuous electricity – 150 HP = 111.9 Emission Factor 1,640.7

Gas 40
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Derivatives: ISDA Announces 2016 New York Law Variation Margin Credit Support Annex

The Energy Law

On April 14, 2016, the International Swaps and Derivatives Association, Inc. ISDA ) announced the 2016 ISDA Credit Support Annex for Variation Margin for use with New York law transactions (the 2016 CSA ). Parties to the 2016 CSA are able to negotiate collateral terms for variation margin in accordance with rules issued by U.S.