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BOEM approved the Construction and Operations Plan for the Vineyard Wind Project in July 2021, approximately 12 years after BOEM began evaluating the site for wind energy development. The plaintiffs’ arguments centered mostly on the project’s impact on an endangered species, the North Atlantic right whale.
On June 30, 2021, the Louisiana Supreme Court issued an opinion redefining the nature of available damages and the “actual, statutorily permitted role of the jury in Act 312 remediation lawsuits.” 6/30/2021); — So. In the landmark oilfield remediation case Corbello v. State of Louisiana v. Louisiana Land and Exploration Co.,
5/25/21), 2021 WL 2102932, —So. 3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., In this case, Lexington Land sued Chevron U.S.A., 2020-0622 (La.
In December 2019, to protect endangered sea turtles, the NMFS promulgated a rule requiring a TED on all skimmer trawlers over 40 feet in length, including those operating in state waters. This requirement was to go into effect on August 1, 2021.
That rationale led to the Court’s holding that the mere use of one-eighth in a double fraction is some evidence that the parties were operating under the estate misconception theory. In support of that notion, the Court cited the 1957 Texas Supreme Court case Garrett v. Eastland June 1, 2021). Dils Co. , 2d 904 (Tex.
On July 1, 2021, the Internal Revenue Service published Revenue Ruling 2021-13 , which provides guidance on three important issues related to the income tax credit for carbon oxide sequestration found in section 45Q of the Internal Revenue Code.
5/25/21), 2021 WL 2102932, —So. 3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., In this case, Lexington Land sued Chevron U.S.A., 2020-0622 (La.
5/25/21), 2021 WL 2102932, —So. 3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., In this case, Lexington Land sued Chevron U.S.A., 2020-0622 (La.
There are few cases interpreting these statutes. However, the existing authority recognizes that even if an operator fails to comply with such reporting requirements, an unleased owner must provide sufficient notice under La. The Plaintiff sued the operator of the Unit Well claiming entitlement to the forfeiture penalty under La.
There are few cases interpreting these statutes. However, the existing authority recognizes that even if an operator fails to comply with such reporting requirements, an unleased owner must provide sufficient notice under La. The Plaintiff sued the operator of the Unit Well claiming entitlement to the forfeiture penalty under La.
Written by Marc Published January 30, 2025 Written by Marc Published January 30, 2025 EV Fleet Management and V2G for Fleet Managers EV Fleet Management and V2G could transform how businesses optimize vehicle operations and interact with the energy grid. billion in 2021 to $20 billion by 2031. How much can V2G benefit EV fleets?
This recent case [ MIECO, L.L.C. With these common strings, this case could have implications (small or large) for other similar pending disputes across the state. In February 2021, during Winter Storm Uri, Pioneer failed to deliver the contracted amounts of gas from February 14 to 19. Pioneer Nat. 4th 710 (5th Cir.
3d —, 2021 WL115917, the Second Circuit affirmed summary judgment in favor of Comstock Oil & Gas, LLC, emphasizing not only the importance of the language of Comstock’s Master Service Agreement (“MSA”), but the absence of any contractual or actual operational control over the activities of its independent contractor.
3d —, 2021 WL115917, the Second Circuit affirmed summary judgment in favor of Comstock Oil & Gas, LLC, emphasizing not only the importance of the language of Comstock’s Master Service Agreement (“MSA”), but the absence of any contractual or actual operational control over the activities of its independent contractor.
24, 2021), the United States Court of Appeals for the Fifth Circuit addressed a question that has increasingly become a sticking point in Louisiana “legacy” cases: whether claims brought under a Louisiana citizen suit provision for alleged violations of state environmental regulations can be heard in federal court. 20-30224 (5th Cir.
3] When the source of the discharge is a vessel, the “responsible party” is the owner, operator, or demise charterer of that vessel. [4] 10] While the rule does not specify whether the new limits apply retroactively to oil spills that occur before the effective date, case law indicates that the change will be prospective only. [11]
19-0459, 2021 WL 936175 (Tex. While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. the use of gas.
19-0459, 2021 WL 936175 (Tex. While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. the use of gas.
billion in 2021. Fleets like school buses or delivery vanswhich operate on predictable schedulescan store and return power to the grid during periods of high demand. Many standard EVs have 75kWh batteries or larger, so they have the ability to provide local backup power in case of even multi-day outages.
We ran a scenario analysis that ranged from ~$140MM up to ~$415MM with a median case of $260MM, relatively close to the actual closing price of $264.5MM. Note: Assumes D&C costs of ~$1,200/ft and includes all wells from all operators (2021 to 2024 vintages). Mcf, and operating costs were set to $0.80/Mcf.
The borrower also must advise whether at any time after March 13, 2020, the borrower voluntarily ceased or reduced its operations due to Covid-19, and if so, why. In either case, the taxpayer must attach a “Revenue Procedure 2020-51 Statement” to its return containing the information set out in Section 4.04 of the revenue procedure.
There are few cases interpreting these statutes. However, the existing authority recognizes that even if an operator fails to comply with such reporting requirements, an unleased owner must provide sufficient notice under La. The Plaintiff sued the operator of the Unit Well claiming entitlement to the forfeiture penalty under La.
In many cases, there sems to be little no choice but to pass some of the growing costs on to consumers. The result is higher operational costs for utilities and, in many cases, a need to pass some of those costs on to consumers. In short, the approach is costly to operate and inefficient for short-term energy demands.
Can limitations in the exhibit, such as depth references, supersede the operative granting language in the body of an agreement? —El Paso 2021, pet. As is usually the case with contract interpretation, clarity and specificity are paramount. Citation 2002 Inv. Neuhoff, 596 S.W.3d 3d 740 (Tex.2020) 3d 677 (Tex.App.—El
On June 30, 2021, the Louisiana Supreme Court issued an opinion redefining the nature of available damages and the “actual, statutorily permitted role of the jury in Act 312 remediation lawsuits.” 6/30/2021); — So. In the landmark oilfield remediation case Corbello v. State of Louisiana v. Louisiana Land and Exploration Co.,
See 2021 WL 1432222 (Tex. The plaintiff, Martha Ellison d/b/a Ellison Lease Operating, alleged that the defendant lessees, Samson Resources Company (“Samson”), COG Operating LLC (“Concho”), drilled and operated a well on her leasehold. The case then proceeded to trial on Concho’s counterclaims.
See 2021 WL 1432222 (Tex. The plaintiff, Martha Ellison d/b/a Ellison Lease Operating, alleged that the defendant lessees, Samson Resources Company (“Samson”), COG Operating LLC (“Concho”), drilled and operated a well on her leasehold. The case then proceeded to trial on Concho’s counterclaims.
24, 2021), the United States Court of Appeals for the Fifth Circuit addressed a question that has increasingly become a sticking point in Louisiana “legacy” cases: whether claims brought under a Louisiana citizen suit provision for alleged violations of state environmental regulations can be heard in federal court. 20-30224 (5th Cir.
19-0459, 2021 WL 936175 (Tex. While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. Factual and Procedural Background. the use of gas.
Grid resilience challenges were front and centre in February 2021, when Texas faced one of the most severe grid failures in recent U.S. By integrating and optimizing Distributed Energy Resources ( DERs ), these systems enable grid operators to balance supply and demand dynamically.
The borrower also must advise whether at any time after March 13, 2020, the borrower voluntarily ceased or reduced its operations due to Covid-19, and if so, why. In either case, the taxpayer must attach a “Revenue Procedure 2020-51 Statement” to its return containing the information set out in Section 4.04 of the revenue procedure.
In this case, CT Land and Cattle and Cattle Co., Citing two Fifth Circuit cases, CT Land also argued that the burial provision ran with the land, meaning that it could be enforced by successive surface owners. —Amarillo June 28, 2024, pet. The lessor relied on BlueStone Nat. Randle, 620 S.W.3d 3d 380, 387 (Tex.
In the world of oil and gas, there are a lot of companies with debt maturities coming due in 2020 or 2021 ( see this article from the Wall Street Journal discussing the $120 billion debt wall these companies will face through 2023), and oil prices have been below the break-even point for many drilling sites.
In the world of oil and gas, there are a lot of companies with debt maturities coming due in 2020 or 2021 ( see this article from the Wall Street Journal discussing the $120 billion debt wall these companies will face through 2023), and oil prices have been below the break-even point for many drilling sites. Employment Agreements.
When royalties are valued “at the well,” royalties must be calculated based on either comparable sales or, when comparable sales are not readily available (which is often the case), by subtracting the post-production costs incurred to prepare production for sale from the proceeds received by the lessee from the sale of that production.
It has a long recovery to get back to the boom days of 2021-22. In 2021 and 2022 SunPower made some poor decisions, selling everything but their residential business. SunPower bought Blue Raven in 2021. Blue Raven has over 3,000 employees and operates in 21 states (SunPower bought them to expand outside of California).
government and a company that was awarded a license by the NRC, the federal agency that regulates nuclear energy in the United States, to operate a facility in western Texas of a lower courts ruling declaring this storage arrangement unlawful. New Mexico filed a brief in support of Texas in the case argued before the justices on Wednesday.
s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada A failure to make such a finding would grant the permit by operation of law. But on January 20, 2021, President Biden revoked the permit via Executive Order 13990. A failure to do either would grant the permit by operation of law.
s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada A failure to make such a finding would grant the permit by operation of law. But on January 20, 2021, President Biden revoked the permit via Executive Order 13990. A failure to do either would grant the permit by operation of law.
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