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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

Offshore infrastructure projects are also advancing, including Enis Structures A&E Project, which channels gas from two fields to the Mellitah treatment plant. Offshore infrastructure projects are also advancing, including Enis Structures A&E Project, which channels gas from two fields to the Mellitah treatment plant.

Oil 130
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Texas Supreme Court Holds that References to โ€œOne-Eighthโ€ in Old Oil and Gas Conveyances Presumptively Refer to the Entire Mineral Estate

The Energy Law Blog

According to the Court, the estate-misconception theory was so prevalent in instruments in and around 1924โ€”the time of the deed at issueโ€”that โ€œcourts have taken judicial notice of this widespread phenomenon.โ€ But the history of oil and gas conveyances in Texas shows why this has become such a challenging issue for the stateโ€™s judicial branch.

Royalty 98
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One Manโ€™s Waste is Another Manโ€™s Treasure: Texas Appellate Court Holds that Produced Water Belongs to Mineral Owners

The Energy Law Blog

In response, the Texas Legislature passed Texas Natural Resources Code ยง 122.002 on September 1, 2019, which grants title to produced water to whoever takes possession of it for the purpose of treating it for subsequent beneficial use, unless a conveyance instrument expressly provides otherwise. But more than minerals are released.

Oil 98
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United States Supreme Court Halts OSHA COVID-19 Vaccine-or-Test Rule, But Allows CMS Healthcare Worker Vaccine Mandate to Stand

The Energy Law Blog

Privacy Policy: By subscribing to Liskow & Lewisโ€™ 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.โ€

E&A 98
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Department of Interior Takes Steps to Update Offshore Wind Regulatory Scheme

The Energy Law Blog

First, Interior issued a Final Rule, which reassigns the responsibilities for certain regulations governing offshore wind from BOEM to BSEE. This reassignment aligns the wind regulatory process more closely with the oil and gas framework in terms of the division of responsibility between the two sub-agencies.

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Key Issues in OTC Derivatives Contracts as COVID-19 Disrupts Global Financial Markets

The Energy Law Blog

Often a default under a derivatives contract qualifies as a cross default to a companyโ€™s credit facility or other financial instrument, subject to certain dollar thresholds (if applicable). It has been an extraordinary few weeks as businesses face challenges presented by the COVID-19 outbreak. Margin Calls.

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Louisiana First Circuit Applies Subsequent Purchaser Doctrine to Property Transfer Involving Closely Held LLC

The Energy Law Blog

If the transferring instrument does not contain an explicit assignment of the personal right to sue for damages to the property, the right remains with the transferor.โ€ 10/4/21), 2021 WL 4548529, โ€”So. Louisiana Wetlands involved a 300-acre tract of land in Franklin Louisiana that had been owned by the family of James J.