The Energy Law Blog

JANUARY 28, 2021

Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. The Texas Legislature convened for its 2021 session earlier this month with several issues on the agenda. Mary Ann Perez and Sen. Pre-filed and introduced by State Sen.

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The Energy Law Blog

JULY 1, 2021

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.” Louisiana Land and Exploration Co., 6/30/2021); — So. Louisiana Land and Exploration Co., State of Louisiana v. 2d 686 (La.

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Oilholics Synonymous Report

SEPTEMBER 18, 2024

However, as Day I of Gastech - which is formally running from September 17 to 20 - kicked off on Tuesday, energy bosses bemoaned the lack of clarity and consistency from Washington on policy matters pertaining to natural gas exploration and LNG permits. All at a time when oil prices are currently lurking around 2021 lows.

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The Energy Law Blog

APRIL 19, 2021

18-0983, 2021 WL 1045723, at *1 (Tex. 19, 2021) (“ Eagle II ”). In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. The Texas Supreme Court recently released its anticipated opinion in Eagle Oil & Gas Co. TRO-X, L.P. ,

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The Energy Law Blog

APRIL 19, 2021

18-0983, 2021 WL 1045723, at *1 (Tex. 19, 2021) (“ Eagle II ”). In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. The Texas Supreme Court recently released its anticipated opinion in Eagle Oil & Gas Co. TRO-X, L.P. ,

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The Energy Law Blog

JANUARY 21, 2021

Following through with President Biden’s campaign promise to halt oil and gas drilling on federal lands, on January 20, 2021, the Acting Secretary of the U.S.

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The Energy Law Blog

MAY 18, 2021

Updated from May 18, 2021 post. On May 17, 2021, the United States Supreme Court issued a decision in the climate change litigation affecting the fossil fuel industry. In a 7-1 decision (Justice Alito recused), the Court held that an appellate court must consider all grounds for removal when an appeal is taken pursuant to 28 U.S.C.

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The Energy Law Blog

JULY 1, 2021

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.” Louisiana Land and Exploration Co., 6/30/2021); — So. Louisiana Land and Exploration Co., State of Louisiana v. 2d 686 (La.

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The Energy Law Blog

OCTOBER 11, 2021

Energen Resources Corporation , 2021-0290 (La. 10/4/21), 2021 WL 4548529, —So. Over seven years later, New 90 and another plaintiff-landowner sued various oil and gas companies for contamination to the property based on historical exploration and production activities dating back to the 1940s.

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The Energy Law Blog

FEBRUARY 3, 2021

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.

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The Energy Law Blog

MARCH 10, 2021

TMR Exploration, Inc , 2021 WL 267916, the First Circuit affirmed a district court ruling on summary judgment applying the good faith purchaser defense provision set forth in La. A recent decision from the Louisiana First Circuit Court of Appeal may have lasting effects on good faith purchasers of oil.

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The Energy Law Blog

MAY 3, 2021

See 2021 WL 1432222 (Tex. Bringing to mind the infamous Hatfield-McCoy family feud, Concho Resources, Inc. Ellison is a classic boundary dispute between a leasehold owner and neighboring lessees with allegations of fraud and more than $1 million at stake.

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Rextag

NOVEMBER 11, 2024

Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., 20132020 A Series of CEOs and Strategy Shifts Chesapeake underwent multiple leadership changes, including Archie Dunham and Doug Lawler, who refocused the companys assets to try to boost oil production.

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The Energy Law Blog

SEPTEMBER 21, 2021

The Task Force released a first draft of the report in the spring of 2021. Carbon capture can use a variety of techniques to remove emissions from industrial and power production operations post-combustion. Noteworthy actions include: ACTION 5.6

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True Energy

NOVEMBER 24, 2024

billion in 2021. Allows for better integration of renewable energy sources by storing excess production. These abilities are already being explored. Industry analysis predicts that 10 to 20 per cent of US fleets will adopt V2G by 2027 , with other countries already continuing along the same trajectory.

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Oil & Gas 360º

MARCH 10, 2025

Chris Cornelius announces the following changes, effective March 10th, 2025: Dr. Paul Clarke will be promoted internally to the role of Chief Executive Officer and President from his current role of Vice President of Exploration. a TSX-listed international production oil and gas company. TSXV: KFR), Orex Minerals Inc. TSXV: TIDE).

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Rextag

JANUARY 16, 2025

The Denver-based exploration and production company has engaged a financial adviser to evaluate buyer interest in its Colorado assets. CIVITAS' EXPANDING FOOTPRINT Founded in 2021 through the merger of Bonanza Creek Energy, Extraction Oil & Gas, and Crestone Peak, Civitas initially focused on Colorado operations.

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Oil and Gas Investments

SEPTEMBER 17, 2024

With 94% of the resource known to be in mineralized bands, the exploration risk to take this Inferred 5.2 GSHR has only drilled 4km of the immediate 8km Moss corridorso LOTS of exploration potential left. The Greenstone Gold Mine started being built in Q4 2021. Its close to very cheap power ($0.08/KwH)

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Oil and Gas Investments

OCTOBER 10, 2024

Both deposits have recent feasibility studies showing they will produce 100,000 oz of gold per year for over a decade–with lots of exploration upside to realize through that time. Once production financing is in place, it takes us to the 200,000 ounce a year production level200,000 low cost ounces a yearde-risked.

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Enverus

FEBRUARY 20, 2025

With $28 billion in clean fuels M&A since 2021, the sector has outpaced all other carbon innovation categories combined. Figure 1 highlights various fuel types and their production pathways to triangulate corresponding revenue impacts. credit prices, fundamentally reshaping market dynamics.

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The Energy Law Blog

JANUARY 29, 2021

2021 is already poised to offer substantial growth in the area of carbon capture and sequestration (“CCS”). The Consolidated Appropriations Act 2021 (“ H.R. An upcoming Energy Law Blog post will cover these provisions as well as the most recent Section 45Q regulations issued on January 6, 2021.

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The Energy Law Blog

FEBRUARY 24, 2022

The SCC Estimate assigned a dollar value on estimated global damages caused by every additional ton of greenhouse gas emitted into the atmosphere by using economic models that capture the impacts of climate change, including rising sea levels, changes to agricultural productivity, water shortages, property damages from increased flood risk, etc.

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The Energy Law Blog

JUNE 17, 2021

2:21-cv-00778-TAD-KK, 2021 WL 2154963 (W.D. June 15, 2021). The Lease Pause had been issued pursuant to Executive Order 14008, which was signed by President Biden on January 27, 2021 (“Executive Order”). Louisiana v.

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The Energy Law Blog

JUNE 17, 2021

2:21-cv-00778-TAD-KK, 2021 WL 2154963 (W.D. June 15, 2021). The Lease Pause had been issued pursuant to Executive Order 14008, which was signed by President Biden on January 27, 2021 (“Executive Order”). Louisiana v.

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Valor

JANUARY 20, 2025

The report highlights significant discoveries and trends in the industry, providing insights into exploration activities worldwide. This analysis offers a comprehensive overview of the state of global oil and gas exploration and production as of 2024. Despite the reduced rig count, the U.S. billion by offering 50 million shares.

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