Remove E&A Remove Energy Remove Mechanic
article thumbnail

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

The Energy Law

The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . LL&E II , at *2. 3d 1038 (“ LL&E I ”) marked a key development.

E&A 105
article thumbnail

The Smackover Formation: Unveiling the Lithium Potential

The Energy Law

The pursuit of alternative energy sources has become increasingly important in our quest for a sustainable future. Lithium, a key component in rechargeable batteries, has emerged as a vital element for powering electric vehicles and storing renewable energy. A brine extraction prospect would be very similar to an oil and gas prospect.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

The Energy Law

The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . LL&E II , at *2. 3d 1038 (“ LL&E I ”) marked a key development.

E&A 52
article thumbnail

Department of Interior Takes Steps to Update Offshore Wind Regulatory Scheme

The Energy Law

BOEM anticipates that this change would eliminate the SAP requirement for nearly all future development of OCS renewable energy. First, Interior issued a Final Rule, which reassigns the responsibilities for certain regulations governing offshore wind from BOEM to BSEE. Finally, BSEE will also oversee decommissioning activities.

article thumbnail

EPA and Army Corps Release New WOTUS Rule

The Energy Law

On September 8, 2023, EPA and the U.S. Army Corps of Engineers published a final rule narrowing the scope of “waters of the United States” (WOTUS) under the Clean Water Act (CWA) such that certain wetlands are removed from federal jurisdiction. The final rule revises the agency regulations in light of the U.S.

E&A 98
article thumbnail

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. Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Well Eligibility.

article thumbnail

Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

The Texas Supreme Court recently released its opinion in Devon Energy Production Company, L.P. Sheppard , — S.W.3d 20-0904, 2023 WL 2438927 (Tex. The lessees owned working interests in certain oil and gas leases that were executed in 2007. The leases contained the following royalty provisions: 3.

Royalty 98