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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! anindependent liquids terminal and pipeline operator with approximately 9,500 miles of pipeline and 63 terminal and storage facilities that store and distribute crude oil, refined products, renewable fuels, ammonia and specialty liquids. JANUARY Sunoco LP Acquired NuStar Energy L.P. In a deal valued at $7.3