Remove Abandonment Remove E&P Remove Offshore
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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

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., 3] In Crescent , litigation ensued after Crescent’s employee suffered injuries while conducting P&A work on a platform. Carrizo Oil & Gas, Inc. [3] Delta Well Surveyors. [4]

E&P 40
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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

Lease-specific abandonment accounts: Current Regulations – BOEM regulations allow for companies to establish lease-specific abandonment accounts instead of providing a supplemental bond. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

Lease-specific abandonment accounts: Current Regulations – BOEM regulations allow for companies to establish lease-specific abandonment accounts instead of providing a supplemental bond. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.