The Energy Law Blog

JUNE 21, 2022

Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. The EPA estimates that there are over 3 million known abandoned and orphaned oil and gas wells (AOOG wells) in the United States. Well Eligibility. Additionality.

Temporarily Abandoned 98

Temporarily Abandoned Abandonment Operator E&P 98

Drillers

AUGUST 19, 2020

x has stood for Drilling, Logging, Supplying and Abandonment so far!). Once we go back to the new normal we expect that each E&P company will decide which is the most suitable for their needs, in-person or virtual? The criteria will depend on each use case.

E&P 52

E&P E&A Abandonment Maintenance 52

The Energy Law Blog

OCTOBER 15, 2020

In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. In such case, BOEM may require that the party provide additional security for decommissioning obligations for which such predecessor is not liable.

Pipeline 52

Pipeline Operator E&A Abandonment 52

The Energy Law Blog

OCTOBER 15, 2020

In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. In such case, BOEM may require that the party provide additional security for decommissioning obligations for which such predecessor is not liable.

Pipeline 40

Pipeline Exploration and Production Operator E&A 40