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Can PGP Qualify for Condemnation Authority?

Producer's Edge

The issue in this case, Right-Way Sand Co. 2022), the Texas Supreme Court held that PGP is an “oil product” qualifying for statutory condemnation authority under section 2.105 of the Business Organizations Code because it is derived from crude oil. Pipelines LLC , No. 01-23-00573-CV, 2024 WL 1862861 (Tex.

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Florida Investors and the Shift to Alternative Investments in Oil and Gas

Aresco

These tax incentives can substantially improve the financial returns of an oil and gas investment, making it even more attractive for high-net-worth individuals in Florida who are looking to minimize their tax burdens while pursuing profitable investment opportunities.

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Nigeria Oil Industry Overview

Drillers

Production grew fast, and today, Nigeria pumps close to 2 million BPD, which makes it the largest producer of crude oil in Africa. Nigeria joined OPEC in 1971 before it even had its own state oil company. That was formed in 1977 under the name National Nigeria Petroleum Company. million BPD as of November 2019.

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U.S. Fifth Circuit Greenlights Contribution Action for Purely Economic Damages Under Oil Pollution Act (OPA)

The Energy Law

A tug owned by Marquette collided with an oil-carrying barge owned by Settoon as the Marquette tug attempted to overtake the Settoon flotilla. As a result of the collision, approximately 750 barrels of light crude oil discharged into the river. Following the spill, the U.S.

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What It’s Like To Work On An Offshore Oil Rig

Drillers

Living on an offshore oil rig or a platform, or in living quarters on a vessel attached to a rig, all have similar challenges. Offshore oil fields represent a substantial portion of the worlds total crude oil output. Offshore oil activity is growing, and so is a demand for the workforce on the platforms that pump it out.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. All boe conversions in this press release are derived by converting gas to oil at the ratio of six thousand cubic feet (“Mcf”) of natural gas to one barrel (“Bbl”) of oil. Liquids refers to crude oil and NGLs combined.

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Top oil executives reckon with downturn even as Trump cheers them on

Oil & Gas 360º

His rapid pivot on foreign policy with Russia could upend global oil flows and reduce the European market for U.S. oil and gas, if the U.S. eases sanctions on Russian energy in the case of a deal to end the war in Ukraine. His termination of a license that allowed for Venezuelan oil exports to the U.S.

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