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The rising demand for lithium, combined with Federal tax credits for lithium production, has intensified lithium exploration efforts. Formed during the Jurassic period, this geological formation has been tapped for oil and gas, as well as brine for production of bromine, since the 1950s.
In Litel Explorations, LLC v. and Gary Production Company were named as prior operators of the G.A. The Lyon Well was leaking in 2018, which prompted the LDNR to task the current operator (Sandhill Production, Inc.) Aegis Development Co., LLC , 21-0741 (La. 4/6/22), –So. 30:80 et seq. Lyon Well #1. with stopping the leak.
From Drill Bits to Drones: Innovations in Texas Oil and Gas Production Introduction: As the energy demand continues to grow, so does the need for more efficient and sustainable oil and gas production methods. As automation and AI transform production processes, machines will likely replace some jobs.
We gained these benefits from a recent project to apply artificial intelligence (AI) to early exploration research. This helps them to make better and faster decisions in the intense competition for gas and oil exploration contracts. From acquiring licenses to starting production can take over a decade.
In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. August 2018 was not an anomaly. El Paso E & P Co. , 2d 640, 641-43 (W.D.
District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. 30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3]
Louisiana Land and Exploration Co., Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Louisiana Land and Exploration Co., State of Louisiana v. 2020-00685 (La. 6/30/2021); — So. 2d 686 (La.
RUE grants are authorizations from BOEM to use a portion of the seabed not encompassed by the holder’s lease to construct, modify, or maintain platforms, artificial islands, facilities, installations, and other devices that support exploration, development, or production of oil and gas or other energy resources from another lease.
Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed. Carbon capture, utilization, and storage (CCUS) projects involve various legal issues.
The following blog is distilled from Intelligence Research (EIR) publications and EIRs very own Andrew Dittmars media statements on the Diamondback acquisition. Although the recent Diamondback deal sets a new benchmark at $7 million per location, exceeding a comparable 2023 Permian deal of OXY’s CrownRock acquisition at $4.8
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. The Order can be found at [link]. Communications include firm news, insights, and events.
Enterprise Products Partners, L.P., a case previously featured on the Blog. This case began in 2011 when ETP and Enterprise explored the possibility of partnering to modify and extend, or construct anew, a pipeline to transport oil southbound from Cushing, Oklahoma. The jury agreed, awarding more than $500 million to ETP.
With the state’s future so thoroughly reliant on oil and gas exploration and production, legislation aimed at blocking entities that could otherwise be willing and able to participate in the state’s energy industry could seem ill-advised. Department of Agriculture that found China’s ownership of U.S.
In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. TRO-X, L.P. , 18-0983, 2021 WL 1045723, at *1 (Tex.
AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. AI-Driven Exploration: Unlocking New Potential Oil and gas exploration has always been a high-stakes endeavor, requiring extensive research, testing, and investment.
Mineral lessees may be particularly concerned with whether recent production levels have maintained their leases beyond their primary terms. In Louisiana, as in most jurisdictions, production of oil or gas must be in “paying quantities” to maintain a mineral lease beyond its primary term. [1] Lea Exploration Co. , JLH Enters. ,
In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. TRO-X, L.P. , 18-0983, 2021 WL 1045723, at *1 (Tex.
Like the final season of ABC’s hit series Lost , the Texas Supreme Court’s opinion in Chesapeake Exploration, L.L.C. The 5-4 decision, authored by Justice Hecht, is the latest in a series of cases from high courts across the country addressing the sharing of “post-production costs” between royalty owners and oil and gas lessees.
For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.
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. Specifically, courts must consider all relevant factors, not just profit, when determining whether production is in paying quantities.
Gulf Oil Corp. , [1] for determining whether a contract to perform services related to oil & gas exploration on navigable waters is maritime, the Fifth Circuit took up In re Larry Doiron, Incorporated [2] earlier this year in an effort to streamline the test and bring clarity to an area of the law mired in uncertainty.
Introducing its lawsuit with statements that “New Orleans is imperiled” and its “people are in danger,” the City contends that the defendants’ failure to maintain access canals, spoil banks, and earthen pits created in the course of exploration and production has destroyed the coastal zone.
The Eastern District of Louisiana recently held that insurance claims for damage to a Gulf of Mexico production facility will not support federal court jurisdiction under the Outer Continental Shelf Lands Act. Accordingly, the district court remanded the case of LLOG Exploration Co. 1349(B)(1). 1349(B)(1).
In Gulf Explorer, LLC v. A non-participating working interest owner sued, asking the court to declare that its royalty and overriding royalty owners were entitled to their share of production. Clayton WIlliams Energy Inc. 2007 WL 1651090 (La. The court held that, because La.
As it “is impossible to transfer rights to an assignee under an expired mineral lease,” in a case where oil, gas and mineral leases had expired prior to plaintiff’s acquisition of the property, the Louisiana Third Circuit Court of Appeal in Litel Explorations, L.L.C. Aegis Development Company, L.L.C.,
As an operator decides between 440, 660, or 880 foot spacing, what are the production impacts in each scenario? In this series, we will explore the reasons behind these limitations, and the corrective solutions implemented by Novi algorithms. Figure 3: Spacing and production in the Delaware Basin.
On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] Tauren Exploration, Inc. Tauren Exploration, Inc.
BlueStone primes the Court to resolve a Texas appellate court split regarding whether a lease provision requiring royalties to be paid based on “gross” profits or value received from the sale of oil and gas production nullifies an “at the well” valuation point elsewhere in a lease. Heritage Res., NationsBank , 939 S.W.2d 2d 118, 120-21 (Tex.
If you worked through the process that we outlined in part one of this blog , you know there are quite a few steps involved in transforming a REST endpoint URL into a Power BI data table. So, this second part of the blog provides a nice shortcut for you: a pre-configured Power BI report. Fill out the form in the Edit Parameters window.
So, we’re adding a feature to extend our current SEG-Y Explorer tool and allow you to import 3D seismic data as a voxel cube. This next version of Data Assistant is providing some really unique features that have been sought after for a while, which is why I wanted to create this blog.
112(n)(4), establishes a non-aggregation standard for exploration and production facilities, specifying that HAP emissions from oil and gas wells and compressor stations should not be aggregated for major source determinations. Background Section 112(n)(4) of the Clean Air Act, 42 U.S.C. § 7412 (n)(4)(A).Section 7412 (n)(4)(A).Section
We observed that the model does identify an increased production trend with wider spacing, but by a magnitude of less than 10% when taking a well from a 440ft spacing to unbounded. Directionally, the model learns the correct relationship between spacing and production, but the magnitude of penalty for tight spacing is insufficient.
In the City of Baltimore’s case, the City asserted several state-law causes of action centered on the alleged misleading promotion, and failure to warn about the dangers of, fossil-fuel products. The non-reviewability clause states that “[a]n order remanding a case to the State court from which it was removed is not reviewable on appeal.”
We offer a comprehensive range of thread protectors and other oil-related products, all meeting the industry’s highest quality standards. DIC products have earned ISO and API certifications. Our commitment to customer satisfaction involves providing top-quality products and services.
Louisiana Land and Exploration Co., Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Louisiana Land and Exploration Co., State of Louisiana v. 2020-00685 (La. 6/30/2021); — So. 2d 686 (La.
Article at a glance Grid-tied energy systems help balance seasonal variations in production. Home battery systems complement wintertime renewable energy production. Snow coverage on solar panels does not wholly halt energy production. Even cloudy days contribute to solar energy production through diffuse light.
These costs are directly related to the actual drilling operations and typically represent a significant portion of the overall expenses in oil and gas exploration and production. In this blog, you’ll learn about TDCs as well as tangible drilling costs tax treatment.
In this blog, well break down what IDCs are, provide real-world examples, explore their tax treatment, and discuss how excess IDCs could affect your tax strategy. These costs encompass various non-physical expenses incurred during the exploration and drilling of oil and gas wells. What are intangible drilling costs?
Generally, oil and gas production facilities have accounted for volume losses under the concept of “Fuel, Flare & Losses.” However, before the Red Willow production stream reached the sales line, Palm diverted more than twenty percent of the gas to use as lift gas in its own low pressure oil wells. In Red Willow Offshore, LLC v.
Over seven years later, New 90 and another plaintiff-landowner sued various oil and gas companies for contamination to the property based on historical exploration and production activities dating back to the 1940s. The trial court agreed and dismissed all of New 90’s claims. Communications include firm news, insights, and events.
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. In McDaniel v R.J.’s s Transportation, LLC , —- So.3d
TMR Exploration, Inc , 2021 WL 267916, the First Circuit affirmed a district court ruling on summary judgment applying the good faith purchaser defense provision set forth in La. A recent decision from the Louisiana First Circuit Court of Appeal may have lasting effects on good faith purchasers of oil. The district court, applying La Civ.
As it “is impossible to transfer rights to an assignee under an expired mineral lease,” in a case where oil, gas and mineral leases had expired prior to plaintiff’s acquisition of the property, the Louisiana Third Circuit Court of Appeal in Litel Explorations, L.L.C. Aegis Development Company, L.L.C.,
As society increases its focus on going green, businesses are exploring their options for renewable energy. For example, a company in Australia called Power Ledger uses a blockchain platform that monitors users’ energy consumption and production while ensuring transparent yet secure executions. First, let’s define it.
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