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New Business Courts: Strategic Considerations for Oil and Gas Counsel

Producer's Edge

The Texas Business Courts will potentially impact a wide range of cases, from high-value contract disputes to intricate corporate governance issues. What potential pros and cons may arise from submitting a case to the new Business Courts? How might existing agreements and future contracts be affected by this new forum?

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Scout Energy Management Acquires Permian Basin Assets from ConocoPhillips

Oil Gas Leads

One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. The Texas Commission on Environmental Quality (TCEQ) oversees these permits to ensure that production activities adhere to state and federal environmental regulations.

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ConocoPhillips Q4 2024 Earnings Call: Key Updates on the Permian Basin

Oil Gas Leads

The company remains committed to capital efficiency and production optimization , with a focus on delivering value-driven growth while maintaining operational discipline. This improvement has allowed ConocoPhillips to maintain its low single-digit production growth target while reducing overall capital spending. power demand.

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The Challenges of DDR Data Entry and Cost Tracking in Oil & Gas Drilling

Oil Gas Leads

In this blog, well explore the most common pitfalls in DDR reporting and how companies can improve their data collection and cost tracking. Non-Productive Time (NPT) Billing Discrepancies Many operators fail to capture and bill back Non-Productive Time (NPT) costs to contractors.

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