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SEC 5-Year Drilling Window – Fact, Fiction and Gray Areas

CG&A

Introduction Drilling locations come with an expiration date once booked in a reserve report. For public filers and/or aspiring private companies heading towards IPO, this means that all drilling locations expire in 5 years from date of first booking, unless production starts. Fact or fiction?

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A Look Back on 2024

Energy Transfer

2024 is almost in the books! JULY Energy Transfer Completed its Acquisition of WTG Midstream Holdings Energy Transfers completion of its acquisition of WTG Midstream added approximately 6,000 miles of gas-gathering pipelines that extend Energy Transfers network in the Midland Basin. JANUARY Sunoco LP Acquired NuStar Energy L.P.