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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. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells. Additionality.

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Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Energy Law

250, Subpart N, as support for the notion that “BSEE’s primary enforcement mechanisms for violations of the decommissioning regulations are civil fines and criminal penalties,” police powers to which Sojitz cannot subrogate. UNOCAL also cites to OCSLA and BSEE’s regulations at 30 C.F.R. § Parker Drilling Co. , 3d 558, 563 (5th Cir.

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Supreme Court of Pennsylvania Weighs in on Hydraulic Fracturing and Subsurface Trespass

The Energy Law

12] Accordingly, the rule of capture is not rendered inapplicable simply because hydraulic fracturing provides an additional mechanism by which operators stimulate production. 6] Briggs , 2020 WL 355911 at p. *5. 10] Briggs , 2020 WL 355911 at p. *7. 5] Id. 6 (quoting Young v. at 162-63.