article thumbnail

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?

Oil 52
article thumbnail

Tellurian Upstream Sale: On To Greener Pastures

Novi

We ran a scenario analysis that ranged from ~$140MM up to ~$415MM with a median case of $260MM, relatively close to the actual closing price of $264.5MM. As a result, we came in relatively low on the valuation. For investors, it was an unwanted side project; with the asset sold, the company can focus on Driftwood.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Technologies Increases Inventory and Logistical Capabilities Amid the 2022 Hurricane Season

Q2 Technologies

Across all industries that we serve from Oil & Gas to biogas at landfill assets to dairy digesters, to the pulp and paper industry and other wastewater municipalities and facilities, we have made a concerted effort to build inventory in a number of strategic locations in case a hurricane or other weather event disrupts long-haul transport.

Basin 52
article thumbnail

Scout Energy Management Acquires Permian Basin Assets from ConocoPhillips

Oil Gas Leads

In this case, the permits in question fall under Permit by Rule (PBR) , a streamlined authorization process designed for facilities that meet specific emissions and operational criteria. Oil & Gas Marketing Lists Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.

Basin 52
article thumbnail

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

Oil Gas Leads

It should also provide quick access to critical drilling parameters such as ROP, mud motor and MWD hours, casing and cementing details, BHA configurations, and MPD applied pressures. The Burden of Data Corrections Another major challenge is correcting incorrect data entries.

Oil 52
article thumbnail

Sierra Club Asks Court to Ban Use of Legacy DOT-111 Tank Cars

The Energy Law

As if crude producers and midstream transportation companies don’t already have enough problems trying to get crude oil from production fields to refineries thanks to inadequate pipeline infrastructure, tank car supply, rail safety concerns, and new regulations, they now also have to address a new, potentially market-busting lawsuit.

article thumbnail

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

Oil Gas Leads

“We dont see anything different from the acquisition case. The company expects to integrate these assets into its existing steady-state development approach , further reducing well costs and improving efficiencies. We’ve got 2,000 competitive well locations, as Ryan mentioned, around that $40 per barrel cost of supply.

Basin 52