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

The Energy Law

The United States and the West Virginia Department of Environmental Protection alleged that the company impounded streams and discharged dirt, sand, rocks and other materials into streams and wetlands without permits to construct well pads, pipeline stream crossings, surface impoundments, and other structures relating to natural gas extraction.

E&P 40
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2023 Begins With Increased (or Unlimited) Liability for Vessel Owners

The Energy Law

10] While the rule does not specify whether the new limits apply retroactively to oil spills that occur before the effective date, case law indicates that the change will be prospective only. [11] 21] These efforts usually fail, but occasionally—as in the case of MORRO CASTLE and now CONCEPTION—they succeed, even if only partially.

Oil 98
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New Air Standards for Oil & Gas Industry May Force HAP Area Sources into Major Source Status

The Energy Law

By Robert E. For purposes of the rule, the point of custody transfer is defined as the point where hydrocarbon liquids or natural gas enter a pipeline or any other form of transportation, or the point where hydrocarbon liquids or natural gas enter a natural gas processing plant. Holden and Carlos J. 7412 (n)(4)(A).Section 16, 2012.

Oil 40
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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations.

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

Oil & Gas 360º

“Free funds flow” is a non-GAAP financial measurecalculated as funds flow less expenditures on property, plant and equipment (“PP&E”). on other countries and responses thereto could have a material adverse effect on the Canadian, U.S. Barrel of Oil Equivalency “Boe” means barrel of oil equivalent.

Energy 130