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(World Oil) – Libyas oil and gas sector is set for a new era of growth and investment following the announcement of its first exploration bid round in 17 years. Momentum is already building across Libyas energy industry, with several upstream developments demonstrating the countrys renewed focus growth and investment.
The first two days of Gastech 2024 have flown by with talking points aplenty and a who's-who of the energy industry in Houston at the city's George R. Bush got things going on Monday night by highlighting his state and country's achievements in the global energy sphere at the Gastech pre-event gala dinner.
At the opening ceremony on Monday, ADNOC's CEO and the UAE's Minister of Industry and Advanced Technology Sultan Ahmed Al Jaber said the state-operated energy company will deploy autonomous AI for the very first time and called on his peers to embrace it too for the benefit of the wider energy industry.
SPE's annual Caspian Technical Conference is back in-person for it's 9th annual event! Join us as we reconnect the Caspian oil and gas industry to address challenges, deliver improved performance and highlight emerging technologies and practices in global oil and gas exploration and production.
In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. August 2018 was not an anomaly. El Paso E & P Co. , 2d 640, 641-43 (W.D.
For more than 15 years, the SPE Russian Petroleum Technology Conference has established itself as the Russia and Caspian leading gathering to address challenges, deliver improved performance and highlight emerging technologies and practices in global oil and gas exploration and production.
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.
With waters role in energyproduction more critical than ever, organizers of a fast-approaching annual conference on that subject promise that this year’s iteration will be the most impactful yet. The Water In Energy Conference is now a program of the Universitys Shepperd Leadership Institute.
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]
The Texas Supreme Court issued an opinion today in Energy Transfer Partners, L.P Enterprise Products Partners, L.P., This case began in 2011 when ETP and Enterprise explored the possibility of partnering to modify and extend, or construct anew, a pipeline to transport oil southbound from Cushing, Oklahoma.
Article at a Glance Procurement involves obtaining goods or services like energy. Energy procurement involves four core players – the business, supplier, vendor, and broker. Competitive bidding allows businesses to compare multiple energy vendor options. What is Energy Procurement?
400+ attendees | 120 companies | 25 countries The Argus Biofuels and Feedstocks Asia Conference returns to Singapore on 22-24 April 2025, serving as a vital platform to explore the latest developments in biofuel production and the diverse feedstocks that support this growing sector.
AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. AI-Driven Exploration: Unlocking New Potential Oil and gas exploration has always been a high-stakes endeavor, requiring extensive research, testing, and investment.
What started in 2020 as a proposed joint rulemaking between the DOI’s Bureau of Safety and Environmental Enforcement (“BSEE”) and Bureau of Ocean Energy Management (“BOEM”) was recently finalized as a stand-alone BSEE rule addressing decommissioning. Communications include firm news, insights, and events.
Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., it was Chesapeake Energy. This company faced and survived nearly every extreme the energy industry could throw, including bankruptcy. From Bankruptcy to #1! With its recent $7.4
Some of the actions are related to development of renewable energy in Louisiana, whereas others aim to manage emissions. Other strategies focus on switching to low carbon fuels and developing the infrastructure to support renewable energy in Louisiana. Noteworthy actions include: ACTION 5.6 Noteworthy actions include: ACTION 5.6
This trend reflects a broader shift in investment strategies as investors seek to diversify their portfolios, hedge against market risks, and capitalize on the potential high returns offered by the energy sector. government offers a variety of tax incentives aimed at encouraging domestic energyproduction.
Louisiana Land and Exploration Co., Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Louisiana Land and Exploration Co., The Energy Law Blog will explore the import of the prescription ruling in a separate post. Communications include firm news, insights, and events.
Communications include firm news, insights, and events. Department of Interior (“Interior”) issued an order, effective immediately, mandating a 60-day moratorium on new oil and gas leases and drilling permits on public lands and waters (“Order”).
In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. Several years later, Eagle purchased several leases and sold them to Chesapeake Exploration, LLC (“Chesapeake”), reserving an overriding royalty interest and a back-in working interest (the “Interests”).
In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. Several years later, Eagle purchased several leases and sold them to Chesapeake Exploration, LLC (“Chesapeake”), reserving an overriding royalty interest and a back-in working interest (the “Interests”).
Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. Nathan Johnson, respectively, directs the state to create tougher standards for tanks in areas prone to flooding, hurricanes, and similar weather events. [2]. HB 711 and SB 126 , from state Rep.
In this blog, well break down what IDCs are, provide real-world examples, explore their tax treatment, and discuss how excess IDCs could affect your tax strategy. These costs encompass various non-physical expenses incurred during the exploration and drilling of oil and gas wells. What are intangible drilling costs?
As energy dynamics change, energy companies must develop their initiatives and strategies to keep pace and ensure a reliable, resilient, and flexible energy supply. Share on Explore strategies: Discover how integrating DERs, advanced demand response, and AI-driven solutions can transform grid management.
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. Communications include firm news, insights, and events. This article focuses on the latter.
In Litel Explorations, LLC v. and Gary Production Company were named as prior operators of the G.A. The Lyon Well was leaking in 2018, which prompted the LDNR to task the current operator (Sandhill Production, Inc.) Communications include firm news, insights, and events. Aegis Development Co., LLC , 21-0741 (La.
This is the first time a conference of this nature will be held in the Big Apple, and I am honored to participate as a member of a panel that will explore farmout transactions, joint operating agreements and the use of tax partnerships to optimize the after-tax economics of these transactions.
With the state’s future so thoroughly reliant on oil and gas exploration and production, legislation aimed at blocking entities that could otherwise be willing and able to participate in the state’s energy industry could seem ill-advised. Communications include firm news, insights, and events.
Although the Court addressed this issue arising out of the City of Baltimore’s lawsuit against several energy companies, the decision likely will have impacts in the more than 20 pending climate-related cases. The energy companies appealed the district court’s remand order to the Fourth Circuit Court of Appeals pursuant to 28 U.S.C.
natural disasters, Act of God); and (5) determining compliance with new certification standards for low methane gas, and improving production to satisfy these standards. CAE data will assist in making more informed and educated decisions regarding emissions from oil and gas production.
BlueStone primes the Court to resolve a Texas appellate court split regarding whether a lease provision requiring royalties to be paid based on “gross” profits or value received from the sale of oil and gas production nullifies an “at the well” valuation point elsewhere in a lease. Crude Energy, LLC , 573 S.W.3d 2d at 120-21.
The day before the main event I was included in the Industry Analysts visit to the Siemens Technology Center, at Neuperlach in Munich. They do seem to be are on a good path for growth but to make it a path that fully connects to exploit all the opportunities it can explore. We often confuse invent and innovate, each has its place.
As it “is impossible to transfer rights to an assignee under an expired mineral lease,” in a case where oil, gas and mineral leases had expired prior to plaintiff’s acquisition of the property, the Louisiana Third Circuit Court of Appeal in Litel Explorations, L.L.C. Communications include firm news, insights, and events.
Introducing its lawsuit with statements that “New Orleans is imperiled” and its “people are in danger,” the City contends that the defendants’ failure to maintain access canals, spoil banks, and earthen pits created in the course of exploration and production has destroyed the coastal zone.
Today, the United States Supreme Court granted a Petition for Certiorari filed by energy companies in Baltimore’s climate change lawsuit. 1447(d) limited its review of the district court’s remand order to only those grounds which were based on the energy companies acting under the authority of a federal officer.
(Oil & Gas 360) Publisher’s Note: CanCambria Energy will be presenting at the 30th Anniversary of EnerCom Denver-The Energy Investment Conference at the Westin Denver Downtown on August 17-20, 2025. a TSX-listed international production oil and gas company. a TSX-listed oil and gas producer in Australasia and Egypt.
Louisiana Land and Exploration Co., Iowa Production , landowners sued oil and gas companies for breach of a mineral lease. Louisiana Land and Exploration Co., The Energy Law Blog will explore the import of the prescription ruling in a separate post. Communications include firm news, insights, and events.
natural disasters, Act of God); and (5) determining compliance with new certification standards for low methane gas, and improving production to satisfy these standards. CAE data will assist in making more informed and educated decisions regarding emissions from oil and gas production.
Yesterday, the United States Supreme Court heard oral arguments in the climate change lawsuit filed by the City of Baltimore in 2018 against energy companies. This case is one of a number of cases brought by states, cities, and other municipalities against energy companies alleging that the companies contributed to climate change.
In a victory for the oil and gas industry, the Third Circuit rendered a decision rejecting attempts by the Louisiana Department of Revenue to impose severance taxes on crude oil production based on index pricing. Communications include firm news, insights, and events.
Communications include firm news, insights, and events. The court had little difficulty in concluding that the terms of the MSA between Chaps and Comstock explicitly provided that Chaps was an independent contractor, but that finding was not the end of the inquiry.
TMR Exploration, Inc , 2021 WL 267916, the First Circuit affirmed a district court ruling on summary judgment applying the good faith purchaser defense provision set forth in La. Communications include firm news, insights, and events. 521-524 instead of applying provisions of the Mineral Code, more specifically, La.
As it “is impossible to transfer rights to an assignee under an expired mineral lease,” in a case where oil, gas and mineral leases had expired prior to plaintiff’s acquisition of the property, the Louisiana Third Circuit Court of Appeal in Litel Explorations, L.L.C. Communications include firm news, insights, and events.
QEP Energy Company , the Western District of Louisiana rejected, for the second time in this case, Plaintiffs’ claims seeking a disgorgement of QEP’s profits. Communications include firm news, insights, and events. To receive information from Liskow & Lewis, your information will be kept in a secured contact database.
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