Rextag

MARCH 3, 2025

Can BP maintain its vision of a low-carbon future while doubling down on oil and gas? BP has announced a shift in its energy strategy, moving away from aggressive renewables investments and increasing its oil and gas production spending. The company aims to boost daily oil and gas production to between 2.3

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Oil Gas Energy Energy 40

The Energy Law

APRIL 12, 2022

In Litel Explorations, LLC v. and Gary Production Company were named as prior operators of the G.A. The Lyon Well was leaking in 2018, which prompted the LDNR to task the current operator (Sandhill Production, Inc.) Sandhill never managed to stop the leak, and it abandoned the well in August 2019. Aegis Development Co.,

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The Energy Law

JANUARY 28, 2021

With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. Antoinette Sedillo Lopez, SB 86 would add several new clauses and amendments to New Mexico’s Oil and Gas Act. 1] [link]. [2]

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Energy Energy Offshore Oil 40

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.

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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. The party’s co-lessee has an issuer credit rating or proxy credit rating that meets the criteria in (1) above; Or.

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Pipeline Exploration and Production Operator E&A 40

The Energy Law

JANUARY 20, 2021

Additionally, Justice Kagan asked counsel for the Federal Government (arguing in support of the energy companies’ position) whether an appellate court can review a remand order if the removing party abandons its federal officer removal in favor of focusing on its other grounds for removal.

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Casing Exploration and Production Energy Energy 40

The Energy Law

SEPTEMBER 21, 2021

For example, strategy 9 is to “increase resources for decommissioning legacy oil and gas infrastructure.” Actions under strategy 9 center around drafting new legislation to increase the plugging of abandoned and orphaned wells. Noteworthy actions include: ACTION 5.6

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Energy Energy Gas Offshore 52