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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. This increase in production from existing fields underscores the countrys commitment to stabilizing and expanding its energy supply.
A Nobel laureate explores postpandemic prospects, explaining why his cautious optimism about the economic recovery has been replaced by concern related to the slow vaccine rollout in lower-income economies, fragile supply chains, and extreme weather events.
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.
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.
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. The event's exhibition floor also opened its doors on the first morning for the 4-day event, with 800 exhibitors and 20 international country pavilions.
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.
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]
When Gordon Bethune, former CEO of Continental Airlines, wanted to send a message to his employees that the old bureaucratic rules were history, he staged a book-burning event. People talked about this event for the next six months. Explore nuances in delivery: You hesitated when describing your bosss reaction do you feel supported?
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.
The rising demand for lithium, combined with Federal tax credits for lithium production, has intensified lithium exploration efforts. Formed during the Jurassic period, this geological formation has been tapped for oil and gas, as well as brine for production of bromine, since the 1950s.
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.
Monday also saw several ministers speak at ADIPEC including the UAE's energy Suhail Al Mazroui and India's minister for petroleum and natural gas Hardeep Singh Puri, as did OPEC Secretary General Haitham Al Ghais, fresh from the crude producers' group's decision to postpone its planned production increase by a month.
With waters role in energy production 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. To review sponsorship opportunities, award submissions, and other ways to participate, visit WaterInEnergy.com.
The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.
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. Communications include firm news, insights, and events. a case previously featured on the Blog.
RUE grants are authorizations from BOEM to use a portion of the seabed not encompassed by the holder’s lease to construct, modify, or maintain platforms, artificial islands, facilities, installations, and other devices that support exploration, development, or production of oil and gas or other energy resources from another lease.
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”).
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?
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.
government offers a variety of tax incentives aimed at encouraging domestic energy production. The potential for high returns, coupled with the benefits of diversification and tax incentives, has led many investors to explore these opportunities as a way to navigate the uncertainties of the global financial markets.
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.
Communications include firm news, insights, and events. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
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.
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.
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.
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. The Siemens Innovation Event was digital all the way.
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.
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. Heritage Resources , 939 S.W.2d 2d at 120-21. II, LLC v.
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.
Share on Explore strategies: Discover how integrating DERs, advanced demand response, and AI-driven solutions can transform grid management. Recent years events in the US present a microcosm of the consequences. It also increased local and regional grids ability to continue to deliver power under extreme weather events.
In the City of Baltimore’s case, the City asserted several state-law causes of action centered on the alleged misleading promotion, and failure to warn about the dangers of, fossil-fuel products. 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.
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.
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. 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.
Without dependable electric services, integral parts of a company, such as communications, production, safety features, and employee amenities, become unavailable. To further explore the possibilities of energy procurement services, call Navigate Power at (888) 601-1789. What is Energy Procurement?
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.
Before it was Expand Energy, the largest natural gas-weighted exploration and production company in the U.S., Chronology of Key Events: Chesapeake to Expand Energy Tracing Chesapeakes journey provides insight into its transformation into Expand Energy, from a small startup in the late 1980s to a market powerhouse.
Over seven years later, New 90 and another plaintiff-landowner sued various oil and gas companies for contamination to the property based on historical exploration and production activities dating back to the 1940s. Communications include firm news, insights, and events.
Environmental Protection Agency (EPA) announced it had finalized a voluntary disclosure program for new owners of upstream oil and natural gas exploration and production facilities. Communications include firm news, insights, and events. On March 29, 2019, the U.S.
Nathan Johnson, respectively, directs the state to create tougher standards for tanks in areas prone to flooding, hurricanes, and similar weather events. [2]. Communications include firm news, insights, and events. HB 711 and SB 126 , from state Rep. Mary Ann Perez and Sen. Pre-filed and introduced by State Sen.
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