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

Processor Required to Account For Diverted Volumes Used for Gas Lift

The Energy Law Blog

Generally, oil and gas production facilities have accounted for volume losses under the concept of “Fuel, Flare & Losses.” In a recent case, the Louisiana Fourth Circuit Court of Appeal held that processors must also account for gas volume diverted to gas lift operations. In Red Willow Offshore, LLC v.

Gas 40
article thumbnail

Valor | Energy Connection – Jan. 20, 2025

Valor

Global review of 2024 oil and gas discoveries Summary : In 2024, global oil and gas discoveries were reviewed, detailing key findings by region, resource type, operators, and terrain, compared to 2023. The report highlights significant discoveries and trends in the industry, providing insights into exploration activities worldwide.