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Force Majeure Clause Fails to Protect Oil and Gas Lessee From Mistakenly-Scheduled Deadline

The Energy Law

In Point Energy Partners Permian, LLC v. In compliance with that obligation, MRC created a drilling schedule listing June 2, 2017 as the spud date of a new well based on its belief that the deadline to spud that well was June 19, 2017. The actual deadline, however, was May 21, 2017. MRC Permian Company , — S.W.3d

Spud-in 98
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United States Fifth Circuit Weighs in on La. R.S. 30:103.1 and 103.2 Notice Requirements

The Energy Law

Aethon Energy Operating, L.L.C. , 30:9(B) in which Aethon Energy Operating, L.L.C. Kelly moved for partial summary judgment against Aethon, citing a December 15, 2017 letter and April 17, 2018 letter as satisfying the requirements of La. Louisiana Revised Statutes 30:103.1 Kelly Land Company, L.L.C. 4th 369 (5th Cir.

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2023 Master Plan Brings Updates to Coastal Research and Projects

The Energy Law

3] The newest plan boasts several updates since the 2017 draft including an updated project selection process, improved predictive models, and developments of new risk metrics. The most recent draft is the fourth update since it was first adopted by the Louisiana Legislature in 2007 following Hurricanes Katrina and Rita in 2005. [1]

E&P 98
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Trans Energy Settlement Shows Need for E&P Wetlands Compliance Strategy

The Energy Law

Trans Energy, Inc. , The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities.

E&P 40
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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law

Although the recent Haynesville production increases are a positive sign for the Louisiana energy industry, the August 2018 daily production average is still below the previous Haynesville peak production average, which was 7.403 billion cubic feet per day in January 2012. El Paso E & P Co. , El Paso E & P Co. ,

Gas 52
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New IRS Revenue Ruling Provides Opportunities for Financing Carbon Capture Equipment

The Energy Law

The acid gas removal unit was installed by the owner of the methanol plant and placed in service on January 1, 2017, from which time the separated carbon dioxide was released into the atmosphere. For more information on carbon capture and section 45Q tax credits, see here , here and here.

Finance 59
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2019 ABA Private Target Mergers & Acquisitions Deal Points Study

The Energy Law

Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. The study is the diligent work of the Market Trends Subcommittee of the Mergers and Acquisitions Committee and is published on a bi-annual basis.