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Proposal Encourages Oil & Gas Exploration in South Louisiana

The Energy Law

The Louisiana Mineral and Energy Board is currently reviewing an incentive proposal that would offer a “royalty relief incentive” on new drilling leases along the Louisiana coast. The royalties would begin at one-sixth and then switch to eighteen percent once production volume reaches five billion cubic feet. By Michael A. Mahone, Jr.

Gas 40
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The Smackover Formation: Unveiling the Lithium Potential

The Energy Law

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.

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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law

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.

Gas 52
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Western District of Louisiana Holds that Unit Operators May Not Recover Post-Production Costs from an Unleased Mineral Owner’s Share of Production Proceeds

The Energy Law

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]

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Texas Supreme Court Decides Energy Transfer Partners v. Enterprise Products

The Energy Law

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.

Energy 40
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How Does Blockchain Integration Impact Renewable Energy Procurement?

Navigate Power

Article at a glance Blockchain helps buy and sell renewable energy directly between users. It makes energy trading more transparent and secure. The technology improves data management across energy industries. As society increases its focus on going green, businesses are exploring their options for renewable energy.

Energy 52
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Investment Opportunities in the Oil and Gas Sector

Nestoil

The oil and gas sector has long been a cornerstone of the global economy, providing energy, raw materials, and substantial economic contributions. For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution.

Oil 52