The Energy Law

JUNE 21, 2022

The carbon credit market continues to evolve as oil and gas companies face increasingly stringent regulations to reduce greenhouse gas emissions. Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. million vehicles per year.

Temporarily Abandoned 98

Temporarily Abandoned Abandonment Operator E&P 98

The Energy Law

JULY 20, 2018

Gulf Oil Corp. , [1] for determining whether a contract to perform services related to oil & gas exploration on navigable waters is maritime, the Fifth Circuit took up In re Larry Doiron, Incorporated [2] earlier this year in an effort to streamline the test and bring clarity to an area of the law mired in uncertainty.

E&P 40

E&P IT Exploration and Production Spud-in 40

The Energy Law

OCTOBER 15, 2020

In addition, the proposed regulations provide that BOEM would also consider the proved oil and gas reserves on the lease and the financial strength of predecessors in determining whether additional security was required. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

Pipeline 52

Pipeline Operator E&A Abandonment 52

The Energy Law

OCTOBER 15, 2020

In addition, the proposed regulations provide that BOEM would also consider the proved oil and gas reserves on the lease and the financial strength of predecessors in determining whether additional security was required. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

Pipeline 40

Pipeline Exploration and Production Operator E&A 40