Diamondback Energy Announces Midland Basin Deal
Rigzone: News
FEBRUARY 19, 2025
Diamondback said it has entered into a definitive purchase agreement to acquire certain subsidiaries of Double Eagle IV Midco LLC.
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EPA Releases Final Rule Requiring Oil and Gas Sources to Report Emissions of Greenhouse Gases
The Energy Law
NOVEMBER 18, 2010
One of the more controversial requirements in the proposed rule, the “basin-level” definition of an onshore production facility, remains largely unchanged in the final rule. EPA did include language that explicitly limits the basin-level definition to the GHG Reporting Rule.
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Finding the Spacing Signal in the Noise: How to Debias a Model
Novi
AUGUST 7, 2024
This model uses 11,176 horizontal wells in the Delaware Basin with the following characteristics (Figure 1), and the following input variables: Figure 1. Filters showing composition of wells used to train the Delaware Basin model. Definition of stagger and lateral neighbor distances. Figure 4 shows a different story.
Forecasting Pads with Spacing Variation: Standard vs Causal Models
Novi
OCTOBER 22, 2024
In part 2 , we created a data-driven model using 11,176 wells from the Delaware Basin and features representing geology, completion intensity, spacing, and timing. In part 2 , we discussed the model variables and definition of spacing neighbors. Figure 3: Location of test pad in the Delaware Basin, Lea County.
Louisiana Supreme Court holds that payment of mineral royalties judgment against LDNR is a matter of legislative discretion, reversing grant of mandamus
The Energy Law
FEBRUARY 28, 2023
In 2006, a group of landowners filed a class action lawsuit against the State of Louisiana through the Louisiana Department of Natural Resources (“LDNR”) concerning the ownership of riverbanks in the Catahoula Basin. If a public officer has any element of discretion, “mandamus will not lie.”
Fifth Circuit Rejects EPA’s Overreaching on CAA and MBTA
The Energy Law
SEPTEMBER 15, 2015
The regulations define “oil-water separators” in part as wastewater treatment equipment “used to separate oil from water consisting of a separation tank, which also includes the forebay and other separator basins, skimmers, weirs, grit chambers, and sludge hoppers.”
Winter Storm Uri and Force Majeure: The Legal Battles Continue
Producer's Edge
JANUARY 20, 2025
Pioneer Natural Resources USA, Inc. ("Pioneer"), a natural gas producer operating in the Permian Basin, entered into a firm contract with MIECO, L.L.C. ("MIECO"), an energy trading firm.
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