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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

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

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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BEYOND VIDEO-CONFERENCING and TECHNICAL FACILITATION SERVICE

Drillers

The process of planning, safekeeping and operating energy production facilities is a long term process, running into decades. x has stood for Drilling, Logging, Supplying and Abandonment so far!). What happens when no-one can fly internationally? When workers are quarantined, self-isolating, or perhaps even sick?

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

The Energy Law

Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.