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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360ยบ

Boosting production Major oil producers in Africa are striving to boost production and NOC-IOC collaboration is at the forefront. Algerias Sonatrach will increase hydrocarbon production by 2.5% Negotiations are underway with ExxonMobil and Chevron to boost exploration.

E&P 130
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Latest Version of Louisiana Property Protection Bill Grants an Exception to Oil and Gas Investment By Companies Controlled By Countries Deemed a โ€œForeign Adversaryโ€

The Energy Law

However, HB 537 provides an exception for those โ€œadversaryโ€ entities who have already been conducting oil and gas operations in the state. billion dollarsโ€™ worth of holdings in 2020. According to the American Petroleum Corporation, Louisianaโ€™s oil and gas resources provide over 54 billion dollars in economic, trade, and job benefits.

Oil 98
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Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

1] In order for private and mid-sized operators to stay competitive in todays market, operators should explore opportunities in less consolidated basins, consider joint ventures or position themselves as attractive acquisition targets. 7] Acquire gas assets. million per location. [2] upstream.

Operator 130
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Overturning 8 Years of โ€œPalpable Error,โ€ The Louisiana Supreme Court Limits Damages Available to Landowners in Oilfield Legacy Litigation

The Energy Law

Louisiana Land and Exploration Co., 2020-00685 (La. Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Louisiana Land and Exploration Co., The Energy Law Blog will explore the import of the prescription ruling in a separate post. State of Louisiana v. 6/30/2021); โ€” So.

E&A 105
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Profits or Planet? BPโ€™s โ€˜New Beginningโ€™: The Shift from Low Carbon to Core Oil and Gas and Q4 2024 Results

Rextag

He prioritizes core oil and gas projects to unlock stronger cash flow and satisfy shareholders. When Bernard Looney stepped into BPs top job in 2020, he pursued an ambitious transition to cleaner energy. Renewable Natural Gas (RNG) : Archaea Energy started up nine new RNG plants in the U.S., billion Analyst Consensus : $1.26

Oil 40
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BSEEโ€™s Updated Decommissioning Rules Address RUEs and Formalize Predecessor Enforcement Practices

The Energy Law

What started in 2020 as a proposed joint rulemaking between the DOIโ€™s Bureau of Safety and Environmental Enforcement (โ€œBSEEโ€) and Bureau of Ocean Energy Management (โ€œBOEMโ€) was recently finalized as a stand-alone BSEE rule addressing decommissioning.

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Trudging the Rocky Landscape of Royalty Dispute Litigation with the Texas Supreme Court Yet Again in BlueStone

The Energy Law

BlueStone primes the Court to resolve a Texas appellate court split regarding whether a lease provision requiring royalties to be paid based on โ€œgrossโ€ profits or value received from the sale of oil and gas production nullifies an โ€œat the wellโ€ valuation point elsewhere in a lease. Oil & Gas Co. Heritage Resources , 939 S.W.2d

Royalty 52