The Energy Law

JUNE 9, 2014

Now, on a nationwide basis, exploration and production facilities will only need to be aggregated for major source determinations if they are “adjacent” in an ordinary sense of the word—bearing in mind, of course, that there may still be some uncertainty about what “adjacent” means in the oil patch. Supreme Court.

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Nestoil

SEPTEMBER 4, 2024

For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.

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The Energy Law

AUGUST 16, 2012

The question of what is “contiguous or adjacent” has long been vexing for the exploration and production industry. Specifically at issue was EPA’s finding that the plant and the wells were “adjacent” based on their operationally interdependent relationship. . See, e.g., 40 C.F.R. §§ 51.166(b)(6); 71.2. at 16 (emphasis added).

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The Energy Law

JUNE 12, 2017

On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] Tauren Exploration, Inc. 4] In 2007, Fossil Operating, Inc.

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The Energy Law

MARCH 3, 2016

Since this blog’s post on production in paying quantities on January 26, 2016 , the Louisiana Second Circuit Court of Appeal rendered its latest decision on the subject in Middleton v. EP Energy E&P Co., Lea Exploration Co., 50,300-CA (La. 2d 716 (La. during the 41-month period.

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The Energy Law

AUGUST 20, 2012

By Robert E. One important change is how the new definition of “associated equipment” modifies the aggregation rule for Hazardous Air Pollutants (HAP), which in turn modifies the applicability of the “major source” definition for oilfield operations, in particular as it applies to oil and gas wells, tanks and glycol dehydrators.

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The Energy Law

JULY 20, 2018

Gulf Oil Corp. , [1] for determining whether a contract to perform services related to oil & gas exploration on navigable waters is maritime, the Fifth Circuit took up In re Larry Doiron, Incorporated [2] earlier this year in an effort to streamline the test and bring clarity to an area of the law mired in uncertainty.

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The Energy Law

MARCH 23, 2016

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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The Energy Law

OCTOBER 15, 2020

Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.

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Oil & Gas 360º

MARCH 10, 2025

Paul Clarke will be promoted internally to the role of Chief Executive Officer and President from his current role of Vice President of Exploration. Mr. Piet Van Assche will be promoted internally to Chief Operating Officer while maintaining his current role as Managing Director of Hungary.

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Oil & Gas 360º

MARCH 10, 2025

.” Strategic Rationale Solidified Position Within the Large-Cap Universe: The combined company will have an enterprise value of $15 billion 1 and 370,000 boe/d 2 (63% liquids) of corporate production with significant overlap across both unconventional and conventional assets. million acres in Alberta.

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Aresco

DECEMBER 17, 2024

For accredited investors, direct investment in crude oil and natural gas exploration provides an opportunity to diversify their portfolios and potentially tap into lucrative returns, as well as enjoy some significant tax benefits. What Are Direct Oil and Gas Exploration Investments? Who Qualifies as an Accredited Investor?

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Oil & Gas 360º

MARCH 12, 2025

He has urged energy companies to boost fossil fuel production and promised to bring down prices for consumers. Trump last month ended a license granted to Chevron since 2022 to operate in Venezuela and export oil. oil production to plateau by the end of this decade, an outlook echoed by Vicki Hollub, CEO of Occidental Petroleum Corp.

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