Remove Casing Remove E&A Remove Finance
article thumbnail

New IRS Revenue Ruling Provides Opportunities for Financing Carbon Capture Equipment

The Energy Law

It is the second conclusion above that ruling that provides new opportunities for owners of plant facilities to finance the investment in carbon capture equipment necessary to prevent emitting carbon dioxide produced at their facilities into the atmosphere.

Finance 59
article thumbnail

Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

The methodology is designed to incentivize and accelerate the plugging of inactive wells that would otherwise continue to emit methane into the atmosphere and to allow operators to take advantage of the growing carbon market to help finance this expensive, but important, activity. Well Eligibility.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supreme Court Punts on Important Arbitrability Question

The Energy Law

The distributor argued that the inclusion of its request for injunctive relief brought the case under the carve-out in the arbitration provision. This is now the second time this case has been before the Supreme Court on issues of arbitrability.

Casing 76
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., 5/25/21), 2021 WL 2102932, —So. million purchase price. Exxon Mobil Corporation , 2009-2368 (La. 10/19/10), 48 So.

Casing 59
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., 5/25/21), 2021 WL 2102932, —So. million purchase price. Exxon Mobil Corporation , 2009-2368 (La. 10/19/10), 48 So.

Casing 52
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

3d—, the Louisiana First Circuit recently reaffirmed well-settled principles regarding prescription and the subsequent purchaser doctrine in Louisiana legacy cases. In this case, Lexington Land sued Chevron U.S.A., 5/25/21), 2021 WL 2102932, —So. million purchase price. Exxon Mobil Corporation , 2009-2368 (La. 10/19/10), 48 So.

Casing 52
article thumbnail

Congressional Expansion of CCF Program

The Energy Law

The professionals at MARAD do a spectacular job administering this and other programs, such as the Title XI ship finance program. The Capital Construction Fund (“CCF”) program is designed to encourage owners of U.S. flagged vessels to accumulate sufficient capital to acquire additional U.S. flagged vessels by offering tax incentives to do so.