CG&A

MAY 2, 2022

Today, we continue the series with a brief review of the SEC rules which govern public oil and gas company filings. However, the SEC did not issue its first rules specific to Petroleum definitions until 1978 and continued to expand these definitions until 1982.Before

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The Energy Law

AUGUST 28, 2020

Securities and Exchange Commission adopted final rules that amend the definitions of “accredited investor” and “qualified institutional buyer” which are central to classifying investors that may participate in private offerings and investments under federal securities laws. Yesterday the U.S.

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The Energy Law

DECEMBER 21, 2022

Specifically, Section 3544 of the Act expands the definition of “Qualified Agreement Vessels” to include all vessels engaged in the foreign or domestic trade of the United States. Several years ago, the definition of Qualified Agreement Vessels was expanded to include the short sea transportation trade.

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The Energy Law

APRIL 14, 2021

The ANPRM seeks to better develop these definitions for the final regulations. The ANPRM seeks comments on how “other similar entities” should be interpreted and which qualifications should factor into the definition. The CTA contains many enumerated exceptions.

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The Energy Law

SEPTEMBER 15, 2015

The CPI separators used by Citgo contained all the ancillary equipment mentioned in the definition. The government argued that any equipment used to separate oil should be considered an “oil-water separator” regardless of whether it contained all the ancillary equipment described in the definition.

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The Energy Law

FEBRUARY 28, 2023

A “ministerial duty” is one in which the public officer has no discretion, which the Court also described as “a simple, definite duty, arising under conditions admitted or proved to exist, and imposed by law.” If a public officer has any element of discretion, “mandamus will not lie.”

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The Energy Law

APRIL 5, 2017

Lenders who take security interests in securities accounts are familiar with the rules of Articles 8 and 9 of the Uniform Commercial Code that identify the governing jurisdiction for these transactions. state’s law governs perfection and priority of securities that are held in a securities account.

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The Energy Law

APRIL 14, 2021

The ANPRM seeks comment on five groups of questions: Definitions (questions #1-9). The ANPRM seeks to better develop these definitions for the final regulations. The ANPRM seeks comments on how “other similar entities” should be interpreted and which qualifications should factor into the definition.

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The Energy Law

JUNE 30, 2023

The bill ties the definition of “foreign adversaries” to 15 CFR 7.4(a), However, HB 537 provides an exception for those “adversary” entities who have already been conducting oil and gas operations in the state. HB 537 applies to property acquired by a “foreign adversary or person connected with a foreign adversary” on or after August 1, 2023.

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The Energy Law

OCTOBER 2, 2020

By granting the petition, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.

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Producer's Edge

NOVEMBER 1, 2024

The Texas Business Courts will potentially impact a wide range of cases, from high-value contract disputes to intricate corporate governance issues. Their limited jurisdiction, set forth in Texas Government Code Sec. For in-house counsel in the oil and gas industry, this development warrants close attention and careful consideration.

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The Energy Law

FEBRUARY 17, 2021

The preliminary definition of a “reporting company” includes corporations, limited liability companies, and other similar entities that are created by filing a document with the secretary of state (or an equivalent office) of any state, or are formed under foreign law and are registered to do business in the United States in a like manner.

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The Energy Law

OCTOBER 13, 2023

Act of a third party (must be the sole cause) Government negligence (must be the sole cause) Responsible Party Denied Use of Defenses Responsible Party loses defense if he fails to: 1. The BUNKER Convention uses a wider definition of oil than the CLC, and employs its own insurance and limitation of liability schemes.

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The Energy Law

FEBRUARY 20, 2024

The DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) is slated to make further revisions to its decommissioning regulations, following other decommissioning amendments made last year as previously reported on The Energy Law Blog. BSEE’s 2024 decommissioning rule would update 30 C.F.R.

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The Energy Law

OCTOBER 2, 2020

By granting the petition, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.

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The Energy Law

SEPTEMBER 21, 2015

Field Rule 2 for the Allison-Britt Field provided that, for purposes of a production allowable assignment, the maximum area of a “prescribed proration unit” was 320 acres, and that any unit containing less than 320 acres was, by definition, a “fractional proration unit.” In XOG Operating, LLC v.

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The Energy Law

FEBRUARY 17, 2021

The preliminary definition of a “reporting company” includes corporations, limited liability companies, and other similar entities that are created by filing a document with the secretary of state (or an equivalent office) of any state, or are formed under foreign law and are registered to do business in the United States in a like manner.

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The Energy Law

FEBRUARY 26, 2021

Particularly, Mr. Steib alleged he was exposed to asbestos while employed by Parsons Government Services, Inc. Parsons”) from 1975 through 1977 when he worked on the initial construction of Marathon Petroleum Company LP’s (“Marathon”) oil refinery in Garyville, Louisiana. Plaintiffs appealed.

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The Energy Law

MARCH 27, 2020

The pandemic poses a serious public health risk, and government response has included closure of schools and businesses, declarations of emergency, and issuance of a variety of “stay home” orders—typically instructing all but “essential personnel” to remain in their residences other than to gather necessaries.

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The Energy Law

FEBRUARY 26, 2021

Particularly, Mr. Steib alleged he was exposed to asbestos while employed by Parsons Government Services, Inc. Parsons”) from 1975 through 1977 when he worked on the initial construction of Marathon Petroleum Company LP’s (“Marathon”) oil refinery in Garyville, Louisiana. Plaintiffs appealed.

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The Energy Law

MARCH 25, 2019

Though EOs have until May 15, 2019 to file their 2018 returns and remit any taxes owed to the federal government, there is a time-limited opportunity for some EOs to change their parking policy prior to March 31, 2019 and minimize the amount of parking tax owed.

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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]

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The Energy Law

AUGUST 10, 2017

Also included is a joint operating agreement (“JOA”) to govern the drilling and operation of additional development wells in a formation once a working interest in that formation has been earned in accordance with the provisions of the EJDA.

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AWS: Energy (Oil & Gas)

JANUARY 6, 2025

Using configurable, off-the-shelf plug-ins for common subsurface applications, we can blend, master, compare, prioritize, govern, move, expose, and improve the quality of data with support for common geo data types, such as well headers, directional surveys, formation tops, logs, geochemical analysis, and more.

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AWS: Energy (Oil & Gas)

NOVEMBER 20, 2024

These companies must have governance structures in place with cross-functional teams comprised of subject matter experts, data analysts, and compliance professionals to thoroughly vet the information before it is filed with the EPA. Block 10 represents the business intelligence dashboards.

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The Energy Law

SEPTEMBER 10, 2021

Employees may qualify for leave under the Family and Medical Leave Act (“FMLA”) after a hurricane if they suffer from a physical or mental condition that makes them unable to do their jobs and meets the definition of a serious health condition under the FMLA, or if they need to care for a family member with a serious health condition.

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The Energy Law

MAY 27, 2011

8] Of course, they will also need to make a verbatim record of the arbitration proceeding and should consider specifying in their arbitration provision that the TAA governs any proceeding thereunder and that any suit to confirm, modify, or vacate an award must be brought in a Texas state court. ——– 9 U.S.C. §§ 1-16. 9 U.S.C. § 9 U.S.C. §

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The Energy Law

MARCH 30, 2017

which governs notarial acts of correction: A. (1) By definition, a clerical error is an error in writing or copying a document. Article 1920 is the general rule under the Code of Civil Procedure governing the taxation of court costs. 12] In its analysis, the Court first looked to the pertinent language of La. Dixon, 401 So.

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Yokogawa

JUNE 25, 2024

Take a look at how corporations, society, and governments are accounted for their emissions. Coming years will be a big test for our generation (society, governments, and businesses) if we can bear the weight of responsibility and cooperate on a global level to stop global warming.

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Oil and Gas Investments

NOVEMBER 27, 2024

Which means that if you can produce potash locallywhich by definition means MUCH LOWER transport costswell, you should make A LOT of money. Brazilian government data (SECEX) from January 16, 2024, shows that Brazil exported about $166.6 There is also a 2% royalty that will be paid to the Brazilian government.

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Oil & Gas 360º

MARCH 10, 2025

The companies have entered into a definitive business combination agreement (the “Agreement”) to combine in an all-share transaction valued at approximately $15 billion , inclusive of net debt 1. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held.

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The Energy Law

JUNE 14, 2023

It also directed the Council on Environmental Quality to issue new guidance on how agencies should implement the expanded definition of EJ and updated agency directives contained in the order, including evaluating updated EJ considerations during NEPA review of federal actions. Comments are due by July 24, 2023.

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The Energy Law

NOVEMBER 22, 2023

The main updates that EPA has included in the draft Guidance include updating several key definitions and concepts so that they align with the terms used in Executive Order 14096. “EJ EJ Concerns.”

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The Energy Law

MAY 2, 2023

This executive order is the latest in a series of actions under the Biden Administration that build upon Executive Order 12898, signed in 1994, which established the consideration of environmental justice in federal government decision-making.

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The Energy Law

AUGUST 4, 2023

1] Significantly, these changes, for the first time, specifically include “environmental justice” in the NEPA process and provide a definition. This phrase is used throughout the proposed regulations, but CEQ did not include a proposed definition. k) (proposed). g)(4) (proposed).

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Oil and Gas Investments

FEBRUARY 27, 2025

But these taxes are on residents, where the government has all the data they need to calculate the tax.It lower government debt). While that seems a bit bold (todays Federal Government is covers Social Security, Medicare, much more defense and these aren’t getting repealed), what I can imagine is a much simpler tax system.

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