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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. Additionality.
On April 19, the United States Government Accountability Office (“GAO”) released a report (the “Report”) in response to a request from the House of Representatives Committee on Natural Resources regarding the oversight and decommissioning of pipelines in federal waters, which are mainly located within the Gulf of Mexico.
On April 19, the United States Government Accountability Office (“GAO”) released a report (the “Report”) in response to a request from the House of Representatives Committee on Natural Resources regarding the oversight and decommissioning of pipelines in federal waters, which are mainly located within the Gulf of Mexico.
February 24, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Stay tuned for weekly updates to keep you well-informed. We are committed to sharing the insights and knowledge that our team gathers to help you stay ahead in this dynamic sector. GW capacity.
While the actions have been informed by feedback from the Task Force’s advisory groups, research on best practices in other states, and many conversations throughout meetings, workshops, and public comment, the draft action portfolio will continue to evolve in the coming months. Noteworthy actions include: ACTION 5.6
Contact Liskow attorneys Jana Grauberger and Kyrie Buffa for more information on this topic and visit the Federal Offshore Regulatory practice page on our website. To receive information from Liskow & Lewis, your information will be kept in a secured contact database. BSEE’s 2024 decommissioning rule would update 30 C.F.R.
By granting certiorari and hearing oral arguments, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.
By granting certiorari and hearing oral arguments, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.
This month, the Office of Conservation announced its proposal to adopt Statewide Order 29-N-6, which is a set of regulations that would govern the oversight of these wells within the UIC program if the Office of Conservation is granted primacy. Communications include firm news, insights, and events.
And finally, there are a growing number of proposals in state legislatures relating to the issue of environmental justice, which is the idea that low-income communities and communities of color tend to be disproportionately exposed to pollution and benefit the least from government regulation and investment. [8] 1] [link]. [2] 2] [link]. [3]
This month, the Office of Conservation announced its proposal to adopt Statewide Order 26-N-6, which is a set of regulations that would govern the oversight of these wells within the UIC program if the Office of Conservation is granted primacy. [2] into deep rock formations beneath the Earth’s surface.
And finally, there are a growing number of proposals in state legislatures relating to the issue of environmental justice, which is the idea that low-income communities and communities of color tend to be disproportionately exposed to pollution and benefit the least from government regulation and investment. [8] 1] [link]. [2] 2] [link]. [3]
At the time of the collision, the MEL OLIVER, which was pushing ACL’s barge DM-932 fully laden with oil, was operating without a captain who had effectively abandoned the vessel several days earlier. 1] DRD filed for bankruptcy, and a judgment was ultimately issued in favor of the government and against ACL for $20 million.
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