McKinsey

NOVEMBER 14, 2019

Our forecast for 2020 shows the biggest challenge will be overcoming uncertainty. New global limits on sulfur content for marine fuels will have a significant impact on fuel markets.

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Oil Gas 58

Energy Central

JULY 25, 2024

By EDF Blogs Ted Auch, FracTracker Alliance, 2020. oil and gas industry expands, the vast network of largely unregulated pipelines that transport unprocessed natural gas —known as gathering pipelines — has crept closer and closer to residential communities. By Magdalen Sullivan & Kate Roberts As the U.S.

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The Energy Law

JUNE 30, 2023

However, HB 537 provides an exception for those “adversary” entities who have already been conducting oil and gas operations in the state. billion dollars’ worth of holdings in 2020. According to the American Petroleum Corporation, Louisiana’s oil and gas resources provide over 54 billion dollars in economic, trade, and job benefits.

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Daily Energy Report

FEBRUARY 20, 2025

February 20, 2025 Chart of the Day EOA: China’s Oil Inventories Declined to Lowest Level Since Early 2020 Subscribe now Summary Figure (1) shows trends in China’s weekly oil inventories in 2024. Invetories have declined significantly in recent months to the lowest level since early 2020.

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Energy Energy Oil 52

The Energy Law

JANUARY 15, 2020

Lawsuits against fossil fuel companies: Investor Fraud Lawsuits: The first category of climate change litigation alleges that oil and gas companies defrauded investors by falsely stating that the company had fully considered the risks of climate change regulation and had factored those risks into its business operations.

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Casing Government E&A IT 52

Energy Central

MARCH 21, 2022

oil production hit an all-time high of just below 13 million barrels per day (BPD). By May 2020, oil production had dropped by more than 3 million BPD to 9.7 Oil production, however, has only. In the months leading up to the Covid-19 pandemic, U.S. As the pandemic unfolded, demand collapsed, and production followed.

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Oil Barrel 40

McKinsey

APRIL 12, 2021

Most integrated gas players are experiencing earnings pressure from the 2020 down cycle in gas prices. To become more resilient, companies will need to explore portfolio optimization. Here's how.

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Gas Natural Gas Oil 87

Drillers

MARCH 24, 2020

The Oil Industry of Nigeria If anyone asks Chevron or Shell, for example, how they feel about Nigeria, the response would probably be that they were tired of problems, at least if they were honest. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration.

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Energy Central

MAY 20, 2023

oil production will again rise, and set a new annual production record.” million barrels per day (bpd), and by the end of 2022 monthly production was just about back to that level following the devasting Covid-19 impact on the industry in 2020. Of course, we don’t yet know if oil production.

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Oil Barrel Energy Energy 40

McKinsey

FEBRUARY 26, 2021

While we saw high levels of volatility in 2020, the outlook for gas and LNG shows strong growth, resilience, and changing expectations for emissions amid widespread carbon-neutrality aspirations.

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Gas Natural Gas Oil 74

The Energy Law

MARCH 11, 2020

Union Oil Co. Marubeni Oil & Gas (USA), Inc. , Oral argument has been tentatively set for the week of April 27, 2020. Sojitz Energy Venture, Inc. of California , 394 F. 3d 687 (S.D. The only lessee of the Outer Continental Shelf leases at issue in Sojitz was UNOCAL. Parker Drilling Co. , 3d 558, 563 (5th Cir.

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Underground Vision Technologies

FEBRUARY 1, 2022

million in federal infrastructure money to clean up abandoned oil wells as part of an initial $1.15 They are a widespread problem in oil-producing states such as New Mexico, polluting residential areas and public spaces. New Mexico will receive $43.7 The infrastructure bill, signed into law in November, allocates $4.7

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Energy Central

NOVEMBER 22, 2023

By Dan Grossman Photo from “Romanian Methane Emissions from Oil and Gas” project, part of “Methane Goes Mobile – Measurements and Modeling (MEMO2)” campaign sponsored by the European Union’s Horizon 2020 research and innovation program- to assess context and quantity of Romania’s methane emissions Amidst all (..)

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Oil Gas 52

Energy Central

SEPTEMBER 27, 2022

Global refining sector could reach 50 million tonnes per annum (Mtpa) by 2050, says Wood Mackenzie KEY INSIGHTS Oil refining is one of the largest markets for hydrogen, accounting for about 32 Mtpa or 30-35% of global hydrogen demand in 2020 Hydrotreating and hydrocracking are the major refinery processes consuming over 90% of hydrogen in the refining (..)

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Refinery Oil 52

The Energy Law

AUGUST 4, 2023

Those leases granted COG the exclusive right to produce “oil and gas” or “oil, gas and other hydrocarbons.” In 2019 and 2020, the property’s surface owners transferred all of their water rights to Cactus, including the right to any water produced from oil and gas wells.

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Enverus

MARCH 10, 2025

Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] EIR) is a subsidiary of Enverus that publishes energy-sector research focused on the oil, natural gas, power and renewable industries. million per location. [2] To learn more, click here. [1]

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Rextag

NOVEMBER 19, 2024

As world leaders gather at the COP29 climate summit, a surprising trend is emerging: some of the biggest oil companies are scaling back their renewable energy efforts. CEO Darren Woods said the company didnt have expertise in those areas and instead focused on hydrogen and lithium, areas closer to its traditional oil business.

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The Energy Law

JULY 1, 2021

concerning a novel royalty term that may have a huge impact on the way oil and gas royalties are paid in the future. See 13-19-00036-CV, 2020 WL 6164467, at *12 (Tex. 22, 2020, pet. Sheppard is a royalty dispute between several lessees, Devon Energy Production Co., and several lessors, Michael A. Sheppard, et.

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Royalty Casing Oil Gas 59

The Energy Law

NOVEMBER 17, 2023

On October 26, 2020, the EPA proposed a set of discharge standards for twenty different types of incidental discharges from vessel equipment and systems. Although the deadline for doing so was December 4, 2020, these standards have not yet been finalized or implemented.

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Management E&P E&A Operator 98

Energy Central

OCTOBER 31, 2022

Their objective is to maximize the value of the oil they have in the ground. Oil prices have been rising since the pandemic-related production disruption in 2020. I tell people that to understand OPEC, you have to put yourself in their position. That objective is directly contrary to the desires of most U.S. That price rise.

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Oil 40

Energy Central

SEPTEMBER 11, 2024

In a case brought by the Sierra Club and other environmental groups, a federal court in Maryland has seriously unsettled oil and gas operations in the Gulf of Mexico, ruling that a 2020 decision by the National Marine Fisheries Service violates the Endangered Species Act. District Court for the District of Maryland Aug.19

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The Energy Law

JANUARY 31, 2023

A Regulatory Increase to the Limits of Liability for Oil Pollution and an Amendment Exempting Small Passenger Vessels from the Limitation of Liability Act Present New Challenges for Vessel Owners U.S. First, the Coast Guard announced [1] increases to the liability limits in the Oil Pollution Act of 1990 (“OPA”). [2] 138.230 (2020). [9]

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Energy Central

JUNE 7, 2022

Then oil prices plummeted in 2014, and again in 2020. He replied that he would refuse to pay that much, and I asked what he would do if the price rose to $10 a gallon tomorrow. He finally conceded that he would, in fact, pay $10 a gallon for gasoline.

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Energy Energy Oil 45

Rextag

FEBRUARY 13, 2025

This comes amid reports that activist hedge fund Elliott Management has taken a stake in the British oil major, potentially pressuring the board and executives for higher shareholder returns. He prioritizes core oil and gas projects to unlock stronger cash flow and satisfy shareholders. billion Analyst Consensus : $1.26

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Oil Gas Exploration and Production IT 40

The Energy Law

JUNE 29, 2023

of Review , 2020-0200 (La. 10/20/2020), 341 So. 3d 492, which addressed similar issues in the context of oil and gas assets, did not apply. In addition, the Assessor argued that the Louisiana Supreme Court decision in D90 Energy, LLC v. Jefferson Davis Parish Bd. Contact Cheryl Kornick or Robert Angelico for more information.

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Pipeline E&A Casing Oil 98

AWS: Energy (Oil & Gas)

NOVEMBER 9, 2024

Focus on water-intensive industries: Certain industries, such as power generation, oil and gas extraction, and utility operations, are particularly water-intensive. in 2020, the electric power sector used 47.5 Similarly, hydraulic fracturing in the oil and gas sector requires significant water volumes. In the U.S.

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Sustainable Sustainability Management Hydraulic Fracturing 52

CG&A

MAY 2, 2022

Today, we continue the series with a brief review of the SEC rules which govern public oil and gas company filings. Regulatory Documents The SEC oil and gas reserves definitions are located in Regulation S-X (210.4-10) Regulatory Documents The SEC oil and gas reserves definitions are located in Regulation S-X (210.4-10)

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Oil Possible Reserves Gas Petroleum 52

The Energy Law

APRIL 30, 2020

A special meeting of the Louisiana State Mineral and Energy Board was held on April 29, 2020, to address the impacts of both COVID-19 and historically low oil prices on operation and maintenance of Louisiana State Leases. The Board approved two proposed resolutions (1. Proposed Enforcement Moratorium Resolution 2.

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Maintenance Energy Energy Operator 40

The Energy Law

JUNE 21, 2021

HB 1284 grants the Texas Railroad Commission (“RRC”), the governmental agency that regulates the state’s oil and gas industry, sole jurisdiction over Class VI Injection Wells and carbon capture, use, and sequestration (“CCUS”) activities in Texas.

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Underground Injection Control E&A Oil Operator 96

The Energy Law

JUNE 21, 2021

HB 1284 grants the Texas Railroad Commission (“RRC”), the governmental agency that regulates the state’s oil and gas industry, sole jurisdiction over Class VI Injection Wells and carbon capture, use, and sequestration (“CCUS”) activities in Texas.

Underground Injection Control 93

Underground Injection Control E&A Oil Operator 93

The Energy Law

JANUARY 28, 2021

With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. Antoinette Sedillo Lopez, SB 86 would add several new clauses and amendments to New Mexico’s Oil and Gas Act.

Energy 52

Energy Energy Offshore Natural Gas 52

The Energy Law

JULY 1, 2021

2020-00685 (La. Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. If (and only if) an express contractual provision allows greater remediation than government standards, a jury may consider and award such “excess remediation” damages. State of Louisiana v. Louisiana Land and Exploration Co.,

E&A 105

E&A Exploration and Production Government Casing 105

The Energy Law

MAY 4, 2023

What started in 2020 as a proposed joint rulemaking between the DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) and Bureau of Ocean Energy Management (“BOEM”) was recently finalized as a stand-alone BSEE rule addressing decommissioning.

Exploration and Production 98

Exploration and Production E&A Casing Operator 98

Energy Transfer

SEPTEMBER 4, 2024

Recent awards include Hart Energy , Texas Oil & Gas Associations (TXOGA) , SMU Cox’s Maguire Energy Institute , and D CEO Magazine. He is honored to be a member of the Horatio Alger Association of Distinguished Americans and a 2020 Laureate in the Dallas Business Hall of Fame presented by Junior Achievement of Dallas.

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Energy Energy Education Instrumentation 52

The Energy Law

JANUARY 28, 2021

With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. Antoinette Sedillo Lopez, SB 86 would add several new clauses and amendments to New Mexico’s Oil and Gas Act.

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The Energy Law

JUNE 22, 2021

2020-0622 (La. for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991.

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Casing Operator Oil IT 59

The Energy Law

OCTOBER 12, 2022

Wind development in the GOM began to gain traction in late 2020 when Louisiana Governor John Bel Edwards formally requested that BOEM form an intergovernmental task force to study the feasibility of wind energy in the GOM. Legal qualification to be an offshore renewables lessee is similar to qualification to hold oil and gas leases.

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