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Strategies for Operators to Stay Ahead in a Hot M&A Market

Enverus

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]

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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.

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Second Circuit Upholds Independent Contractor Status for E & P Company

The Energy Law

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.

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Second Circuit Upholds Independent Contractor Status for E & P Company

The Energy Law

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.

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Trans Energy Settlement Shows Need for E&P Wetlands Compliance Strategy

The Energy Law

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.

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Air Permitting Update: D.C. Circuit Decision Helps E&P Facilities

The Energy Law

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.”

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Climate-Related Lawsuits Continue to Return to State Courts: Understanding The Latest Ruling from District of Columbia v. Exxon Mobil Corporation

The Energy Law

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.

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