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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law Blog

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.

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FIFTH CIRCUIT BEGINS TO CLEAN UP ITS JURISPRUDENCE ON HOW TO DETERMINE WHETHER A CONTRACT IS (OR IS NOT) MARITIME

The Energy Law Blog

Recently, the court applied Doiron in the context of a contract to plug and abandon a series of offshore wells in Crescent Energy Services, L.L.C., Recently, the court applied Doiron in the context of a contract to plug and abandon a series of offshore wells in Crescent Energy Services, L.L.C., Carrizo Oil & Gas, Inc. [3]

E&P 40
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BEYOND VIDEO-CONFERENCING and TECHNICAL FACILITATION SERVICE

Drillers

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? Just like a tsunami following an earthquake, will the economic aftershocks be worse than the virus?

E&P 52
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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law Blog

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law Blog

The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.