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The following blog is distilled from Intelligence Research (EIR) publications and EIRs very own Andrew Dittmars media statements on the Diamondback acquisition. Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] million per location. [2]
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.
The issue of whether a company is an independent contractor of an E & P company is frequently litigated in oilfield injury accidents, as the injured worker searches for multiple sources of possible recovery. Plaintiff was injured when he was exposed to a hydrochloric acid spill at a Comstock well site during fracking operations.
The issue of whether a company is an independent contractor of an E & P company is frequently litigated in oilfield injury accidents, as the injured worker searches for multiple sources of possible recovery. Plaintiff was injured when he was exposed to a hydrochloric acid spill at a Comstock well site during fracking operations.
The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. See our previous blog entry on the proposed rule redefining the “waters of the United States” covered by the Clean Water Act.
For more on this decision, see our previous blog entry here. For more on the Summit directive, see our previous blog entry here. The EPA had argued that an operationally interdependent relationship (in the Summit case, spanning a 43-square mile area) was enough to find that pollutant-emitting activities were “adjacent.”
Exxon ”), at p. Part I of this blog covers some basics about state and federal courts, explaining why the jurisdictional question of where a case will be decided is often contested. Part II of this blog discusses why. District of Columbia v. Exxon Mobil Corporation, et al., 22-7163 (Dec. 19, 2023) (“ D.C. Exxon In D.C.
Specifically at issue was EPA’s finding that the plant and the wells were “adjacent” based on their operationally interdependent relationship. When making single stationary source determinations without the protection of the non-aggregation provision in Section 112 of the Clean Air Act, 42 U.S.C.
The VIDA tasks the EPA with developing national standards of performance for discharges incidental to the normal operation of primarily commercial vessels that are over seventy-nine feet in length. The SNPR also proposes new equipment standards for “Lakers,” which are vessels that operate exclusively on the Great Lakes.
Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources. Investment opportunities in this area include direct investment in E&P companies, partnerships, and joint ventures.
3] When the source of the discharge is a vessel, the “responsible party” is the owner, operator, or demise charterer of that vessel. [4] The Blog/Web Site should not be used as a substitute for legal advice from a licensed professional attorney in your state regarding a particular matter. 6] The last CPI adjustment occurred in 2019.
4] In 2007, Fossil Operating, Inc. Fossil”), with whom Tauren contracted to conduct operations on the property, drilled and completed wells on the leased property in Sections 9, 10, and 16. [5] 5] Chesapeake Operating, Inc. (“Tauren”) and contained a three year primary term as well as a horizontal and vertical Pugh clause. [3]
1/30/13) (“ LL&E ”), that legacy plaintiffs are entitled to additional remediation damages in two circumstances: (1) if required by an express contractual provision, or (2) if the mineral lessee has acted unreasonably or excessively under the lease. Land and Exploration Co., 3d 1038 (La. at § M(1) (emphasis added). It did not.”
Last year, in another dispute over who should bear the cost of decommissioning offshore facilities, the Southern District of Texas held that a former sub-assignee of offshore operating rights was entitled to equitable subrogation from the record title owner and initial assignor. Sojitz Energy Venture, Inc. Union Oil Co. of California , 394 F.
3] In Crescent , litigation ensued after Crescent’s employee suffered injuries while conducting P&A work on a platform. Turning to the first prong of the Doiron test, the court needed to determine whether P&A work constituted “services to facilitate drilling or production.” Carrizo Oil & Gas, Inc. [3] 2d 313 (5th Cir.
P N K (Lake Charles) L.L.C., 2] Goodyear Dunlop Tires Operations, S.A. By using this blog site you understand and acknowledge that there is no attorney client relationship formed between you and Liskow & Lewis and/or the individual Liskow & Lewis lawyers posting to this site by virtue of your using this site.
By Robert E. One important change is how the new definition of “associated equipment” modifies the aggregation rule for Hazardous Air Pollutants (HAP), which in turn modifies the applicability of the “major source” definition for oilfield operations, in particular as it applies to oil and gas wells, tanks and glycol dehydrators.
Southwestern operated several wells on the leased tract, several of which were hydraulically fractured. 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.
Since this blog’s post on production in paying quantities on January 26, 2016 , the Louisiana Second Circuit Court of Appeal rendered its latest decision on the subject in Middleton v. EP Energy E&P Co., Firstly, the decision reaffirms that extraordinary, nonrecurring expenses are not operating expenses.
Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.
EP Energy E&P Company, L.P., The Second Circuit next turned to defendants’ second argument: the lower court erred in finding the unitized well failed to produce in paying quantities as the evidence demonstrated that a reasonably prudent operator would have continued production.
In the next few days, the Bureau of Ocean Energy Management (BOEM) will publish in the Federal Register a Proposed Rule that would result in a significant change on how the agency regulates air emissions from oil and gas operations on the Outer Continental Shelf (OCS), in the Central and Western Gulf of Mexico (GOM). Proposed Rule, p.
Lawsuits against fossil fuel companies: Investor Fraud Lawsuits: The first category of climate change litigation alleges that oil and gas companies defrauded investors by falsely stating that the company had fully considered the risks of climate change regulation and had factored those risks into its business operations.
Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.
Anadarko E&P Onshore, No. It is common for operators to drill multiple horizontal wells from one drill pad. The Fourth Court of Appeals recently held that surface owners control the matrix of the underlying earth; thus, a surface owner can give permission to drill through the subsurface to an adjacent lease. Lexis 8673 (Aug.
By using this blog site you understand and acknowledge that there is no attorney client relationship formed between you and Liskow & Lewis and/or the individual Liskow & Lewis lawyers posting to this site by virtue of your using this site.
By using this blog site you understand and acknowledge that there is no attorney client relationship formed between you and Liskow & Lewis and/or the individual Liskow & Lewis lawyers posting to this site by virtue of your using this site. Communications include firm news, insights, and events.
From the moment your alarm on your cell phone goes off in the morning, to using your battery-powered toothbrush, to reading this blog post on your laptop or tablet, lithium makes it all work. For operators hoping to cash in on future developments in lithium extraction, the time to answer these questions is now. 45X(c)(6)(P). [3]
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