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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

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. Additionality.

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Fifth Circuit to Hold Oral Argument in Sojitz v. UNOCAL in April 2020

The Energy Law

Sojitz Energy Venture, Inc. 250, Subpart N, as support for the notion that “BSEE’s primary enforcement mechanisms for violations of the decommissioning regulations are civil fines and criminal penalties,” police powers to which Sojitz cannot subrogate. Union Oil Co. of California , 394 F. 3d 687 (S.D. Parker Drilling Co. ,

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Sea Change: New BOEM Proposed Rule Signals Major Shift in How Air Emissions Would Be Regulated in the OCS

The Energy Law

In the next few days, the Bureau of Ocean Energy Management (BOEM) will publish in the Federal Register a Proposed Rule that would result in a significant change on how the agency regulates air emissions from oil and gas operations on the Outer Continental Shelf (OCS), in the Central and Western Gulf of Mexico (GOM). Proposed Rule, p.

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Supreme Court of Pennsylvania Weighs in on Hydraulic Fracturing and Subsurface Trespass

The Energy Law

Plaintiffs, unleased mineral owners, owned a tract of land adjacent to property leased by Southwestern Energy Production Company. 12] Accordingly, the rule of capture is not rendered inapplicable simply because hydraulic fracturing provides an additional mechanism by which operators stimulate production. Garza Energy Trust, 268 S.W.3d

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Third Circuit Issues Long-Awaited Ruling in OPA Liability Case

The Energy Law

Procedural History The case was originally tried in a forty-one day bench trial by Judge John P. Failure to assert a defense through the proper procedural mechanism may result in waiver (in CARCO’s case, significantly increasing the amount owed on the judgment). These actions were consolidated into the ATHOS I litigation.

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