The Energy Law

MAY 4, 2023

In the final rule, BSEE amended its regulations to add a new regulatory definition of RUE and to incorporate RUEs, RUE holders, and prior RUE holders throughout the decommissioning regulations located at 30 C.F.R. BSEE’s new regulations focus on Rights-of-Use and Easements (“RUEs”) and predecessor enforcement practices. 250.1700, et seq.

Exploration and Production 98

Exploration and Production E&A Casing Operator 98

The Energy Law

APRIL 14, 2021

FinCEN has until January 1, 2022, to implement the regulations regarding reporting requirements, although FinCEN is also using this ANPRM to solicit comments on the implementation of the related database maintenance use and disclosure provisions. The ANPRM seeks to better develop these definitions for the final regulations.

E&A 52

E&A IT Maintenance Education 52

The Energy Law

APRIL 14, 2021

FinCEN has until January 1, 2022, to implement the regulations regarding reporting requirements, although FinCEN is also using this ANPRM to solicit comments on the implementation of the related database maintenance use and disclosure provisions. The ANPRM seeks comment on five groups of questions: Definitions (questions #1-9).

E&A 40

E&A IT Maintenance Finance 40

The Energy Law

MARCH 25, 2019

The TCJA changed this definition so that certain amounts spent by an EO on qualified transportation fringe benefits ( e.g. employee parking) are treated as UBTI. New Tax on Employee Parking EOs pay federal income taxes on their UBTI at a 21% rate. If so, the EO’s costs up to $260 per month per employee will be subject to the new tax.

E&A 40

E&A Transportation Maintenance Insurance 40

The Energy Law

MAY 26, 2023

The Fifth Circuit agreed with the lower court that state statutes and case law characterize SRA-L as an arm of the state; but caveated that the factor was restricted and “given the inconsistent descriptions in the same statutes and the lack of a more-definite characterization in either statute or case law.” [7] Tarrant County , 798 F.2d

Casing 52

Casing IT E&A Education 52

The Energy Law

MARCH 30, 2017

Flat River Farms, L.L.C. , the Louisiana Second Circuit addressed issues affecting the creation and preservation of mineral servitudes and payment of court costs in a concursus action. [1] 1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating.

Spud-in 40

Spud-in Operator IT E&A 40