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Overturning 8 Years of “Palpable Error,” The Louisiana Supreme Court Limits Damages Available to Landowners in Oilfield Legacy Litigation

The Energy Law

In the landmark oilfield remediation case Corbello v. However, there was no mechanism to ensure that a penny of the $33 million awarded in Corbello would be spent on clean-up. After the LL&E I decision, the case went to trial in 2015. Communications include firm news, insights, and events. 2020-00685 (La. 2d 686 (La.

E&A 105
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EPA and Army Corps Release New WOTUS Rule

The Energy Law

The final rule additionally does not clarify the phrase “relatively permanent” in the rule, signaling that such decisions will likely be made on a case-by-case basis by the local Army Corps district. Communications include firm news, insights, and events.

E&A 98
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Key Issues in OTC Derivatives Contracts as COVID-19 Disrupts Global Financial Markets

The Energy Law

In such cases, hedge counterparties may increase calls for margin and collateral posting both in frequency and amount. Measures to contain or address COVID-19 and its impact on businesses could result in disruption events such as settlement system closures, trading limits or suspensions, lack of pricing publications or market closures.

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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

All carbon crediting mechanisms require additionality­—methane reductions are additional if the mitigating project would not have happened without the incentive of the carbon credits. Similarly, the total cost of plugging wells varies case by case depending on the location, depth, and age of the well, among other factors.

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Maritime Law: Key Legal Issues in Fires at Sea, Cargo Damage, Salvage, and More

The Energy Law

As a result, the law of general average provides a mechanism for an equitable sharing of losses and expenses that occur during a voyage in certain circumstances. This security is referred to as the limitation fund and it must be deposited for the benefit of the potential claimants in the event that the shipowner is liable.

IT 98
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Commissioner of Conservation Issues Letter Addressing Emergency Measures to Help Louisiana Oil and Gas Industry

The Energy Law

Mechanical Integrity Pressure Testing (MIPT) : Mechanical Integrity Pressure Testing (MIPT) is designed to ensure protection of the Underground Sources of Drinking Water (USDW) from injection activities. Communications include firm news, insights, and events.

Oil 40
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Supreme Court of Pennsylvania Weighs in on Hydraulic Fracturing and Subsurface Trespass

The Energy Law

1] Prior to the Pennsylvania ruling, there were two seminal cases that have addressed the issue and reached conflicting results. The court found that an actionable trespass claim requires an injury and that the only claimed injury in this case—drainage of gas from beneath the plaintiff’s property—was barred by the rule of capture. [3]