Remove American Petroleum Institute Remove Exploration and Production Remove Offshore
article thumbnail

Processor Required to Account For Diverted Volumes Used for Gas Lift

The Energy Law

Generally, oil and gas production facilities have accounted for volume losses under the concept of “Fuel, Flare & Losses.” In Red Willow Offshore, LLC v. Red Willow Offshore, LLC and Medco Energi US, LLC (collectively, “Red Willow”) were co-working interest owners of a natural gas well without the facilities to produce the well.

Gas 40
article thumbnail

Valor | Energy Connection – Jan. 20, 2025

Valor

The report highlights significant discoveries and trends in the industry, providing insights into exploration activities worldwide. This analysis offers a comprehensive overview of the state of global oil and gas exploration and production as of 2024. Despite the reduced rig count, the U.S. billion by offering 50 million shares.