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The Act includes many changes for the maritime industry, specifically for owners and operators of vessels. The below checklist, current as of March 3, 2023, summarizes the required operational and onboard changes. Communications include firm news, insights, and events.
The current proposed bill, however, would require operators to remit all royalty payments directly to the lessors on behalf of nonparticipating working interest owners prior to well payout, i.e., during the recoupment of costs, and the statutorily authorized risk charge.
2023), the Texas Supreme Court held that, as a matter of law, the operator of a joint operating agreement, Ovintiv, did not owe interest on production payments owed to the non-operator, 1776 Energy, that Ovintiv withheld until a separate lawsuit involving 1776 Energy was resolved by the Texas Supreme Court.
Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells. Well Eligibility.
In line with this thinking, a first-of-its-kind Manifesto for Global Industrial Safety was launched at the event to widespread recognition and support from leaders and experts across the global industrial ecosystem. An exciting event agenda also saw several topics of interest deliberated throughout the day-long event.
million dollars in emergency costs from prior operators of an orphaned well. The Court held that, when the LDNR spends monies from the Oilfield Site Restoration Fund on emergencies, it can only recoup those costs from the well’s operator of record and its working interest owners. who last operated the property. 4/6/22), –So.
2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. MRC Permian Company , — S.W.3d 21-0461, 2023 WL 3028100 (Tex. The actual deadline, however, was May 21, 2017.
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.
The proposal comes in the wake of a recent analysis commissioned by the Environmental Defense Fund, which found that oil and gas operators in Louisiana wasted over $16 million worth of gas in 2019 through venting and flaring alone, among other findings. Communications include firm news, insights, and events.
Accordingly, auditing of royalty payments was left to the Mineral Board’s internal accountants, and when an issue arose as to whether royalty payments were made correctly, the Mineral Board’s land personnel and internal counsel would oversee sending demands and pursuing litigation against the State’s mineral lessees and well operators.
This program allows for carbon capture and sequestration project operators that operate outside of California to receive state income tax credits if they are engaged in direct air capture or sales of low carbon transportation fuel within the state of California.
District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. 30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3]
Aethon Energy Operating, L.L.C. , 11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. 11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. Kelly Land Company, L.L.C.
A federal court enjoined that resolution on the basis that the parish does not have the authority to regulate CCUS operations. [2] A federal court enjoined that resolution on the basis that the parish does not have the authority to regulate CCUS operations. [2] Communications include firm news, insights, and events.
250.1701 providing that RUE holders and prior lessees or owners of operating rights of the parcel on whose leases there existed facilities or obstructions that remain on the RUE are jointly and severally liable for meeting accrued decommissioning obligations. . 250.1700, et seq. BSEE added a new paragraph (c) to 30 C.F.R.
Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed. In addition to the unit order, the operator must receive approval for its injection wells.
For nearly three years, unit operators in Louisiana have waited to see whether the Western District of Louisiana would change course or double down on its March 2019 decision in Johnson v. BPX Operating Co., Chesapeake. The district court recognized this was a res nova issue for which there was no authority directly on point.
Baker Hughes a G E Co., In D & J Invs. of Cenla, L.L.C. plaintiffs, forty-eight landowners of property located near the facility, brought a state court action for claims of property damage from groundwater and soil contamination caused by the facility’s improper waste disposal processes. 21-30523, 2022 WL 9862487 (5th Cir.
The Order, however, does not limit oil and gas operations under valid leases, so previously approved activities and operations can continue. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
BPX Operating Co., sued the unit operator for breach of contract to recover transportation costs incurred as a result of alleged regulatory violations of the Federal Energy Regulatory Commission’s (“FERC”) Shipper-Must-Have-Title policy. BPX Operating Co., BPX Operating Co., BPX Operating Co., Grayson L.L.C. (Of
Recently, several operators have started pilot projects to produce lithium from Smackover brine as well. Recently, several operators have started pilot projects to produce lithium from Smackover brine as well. Furthermore, the formation’s depth and accessibility make it economically viable for extraction operations.
BOEM approved the Construction and Operations Plan for the Vineyard Wind Project in July 2021, approximately 12 years after BOEM began evaluating the site for wind energy development. The plaintiffs’ arguments centered mostly on the project’s impact on an endangered species, the North Atlantic right whale.
To participate in the program, the owner or operator must, prior to initiating a voluntary environmental audit, notify the LDEQ of its intent to perform the audit via submission of LDEQ’s approved notice of audit form located on LDEQ’s website. Part 68 and LAC § 33:III.5901; LAC § 33:I.7007(A). Penalty Reduction Requirements. LAC § 33:I.7009(E).
9] HB 571, which would make comprehensive changes to the CCS statutes, including notice provisions to local authorities, allocation of funds to local authorities, and increased financial and regulatory requirements on operators. [10] Communications include firm news, insights, and events. Helena Parish. [2] Helena Parish. [2]
Among the requirements set forth in the draft guidance are BOEM recommendations on providing financial compensation to fishermen during construction, operations, and decommissioning if a project is likely to result in lost income to commercial and recreational fisheries. BOEM also recommends gear loss and damage payments.
1] Although not limited to Class VI injection wells—which are those wells utilized for the injection and permanent sequestration of carbon dioxide—the proposed ordinance is clearly aimed at prohibiting carbon capture and sequestration operations within the parish. 1] The proposed ordinance can be viewed here: L.P. Ordinance No.
Claimants offered a creative argument that they could recover for economic damages based on the integrated unit exception to Robins Dry Dock because the platform and wells were physically attached and operated as a collective unit under the claimants’ umbrella of companies. 303 (1927). 2 In re Falcon Global Offshore II , No.
Disappointingly, the sale resulted in a single $5.6 million winning bid for the lease area offshore Louisiana, submitted by the provisional winner, RWE Offshore US Gulf, LLC (RWE). According to results posted online by BOEM, the other two lease areas offshore Texas received no bids. GW per year of production.
On May 25, 2023, the Nation’s first U.S.-built built offshore wind substation departed from a Texas fabrication facility where Danish multinational energy company, Ørsted, and domestic energy provider, Eversource, partnered to build the revolutionary vessel. The Kansas-engineered substation was designed and built by Kiewit Offshore Services, Ltd.,
Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. draw[ing] no distinctions based on industry or risk of exposure to COVID-19.”
In December 2019, to protect endangered sea turtles, the NMFS promulgated a rule requiring a TED on all skimmer trawlers over 40 feet in length, including those operating in state waters. This requirement was to go into effect on August 1, 2021. After the temporary injunction expired, Louisiana and the NMFS moved for summary judgment.
The below table highlights the main differences between OPA 90 and the CLC: ISSUE OPA 90 CLC 92 Liable Parties Owner, operator, bareboat charterer, or a third party whose sole action caused the oil spill. Violation of a federal safety, construction, operation regulation; or 3. The CLC addresses civil liability for maritime oil spills.
Increasing the flexibility of survey timelines: Before construction of the proposed project can begin, BOEM’s current regulations require that commercial lessees submit a Construction and Operations Plan (“COP”) containing survey data that characterizes both the seabed and sub-seabed that will be disturbed.
5] The legislation requires that operators of wind and solar generation facilities post a bond to cover decommissioning costs of the facility at the end of life. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.
A petition filed on July 19 by Sierra Club and Healthy Gulf seeks review of a “dredge and fill” permit granted by the U.S. Army Corps of Engineers to Driftwood LNG – a liquefied natural gas (LNG) export terminal under construction near Lake Charles. 717r(d)(1)). [2]. 717r(d)(1)). [2].
operate the property leased as a reasonably prudent operator for the mutual benefit of himself and his lessor.” operate the property leased as a reasonably prudent operator for the mutual benefit of himself and his lessor.” 122); The lessee of a renewable energy lease would be “bound to. compare to La.
A Class VI Underground Injection Control permit is required prior to drilling and operating a Class VI well for CCUS operations. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
Certain disclosures will be included in a company’s registration statements and periodic reports, including information as to actual and potential climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition. [3]
E”: Environmental criteria relate to matters such as sustainability, energy efficiency, water usage, conservation, recycling, biodiversity, pollution reduction and overall impact on the environment. Every company is an energy consumer and its operations affect the environment. “S”: What Are ESG Criteria?
Produced water—a substance traditionally considered to be a useless byproduct of fracing—has recently become a valuable product that can be treated and sold to operators for drilling. This substance can be dangerous to the environment, so operators are required to carefully dispose of it—a costly endeavor.
In Cannisnia Plantation , the Louisiana Second Circuit faced the issue of whether a mineral servitude owner conducted good faith operations sufficient to interrupt the prescription of non-use of a mineral servitude. A well was spud on March 28, 2006. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006.
The 2023 Louisiana Regular Session has ended. HB 571 by Speaker Schexnayder was the only one of the nine CCS bills filed in the House to pass. HB 571 provided a balanced approach between providing additional protections for local governments and communities while permitting the CCS industry in Louisiana to move forward.
The 2023 Louisiana Regular Session has ended. HB 571 by Speaker Schexnayder was the only one of the nine CCS bills filed in the House to pass. HB 571 provided a balanced approach between providing additional protections for local governments and communities while permitting the CCS industry in Louisiana to move forward.
A Class VI Underground Injection Control permit is required prior to drilling and operating a Class VI well for CCUS operations. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
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