The Energy Law

JULY 1, 2021

The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. If (and only if) an express contractual provision allows greater remediation than government standards, a jury may consider and award such “excess remediation” damages.

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The Energy Law

JUNE 18, 2015

Like the final season of ABC’s hit series Lost , the Texas Supreme Court’s opinion in Chesapeake Exploration, L.L.C. The 5-4 decision, authored by Justice Hecht, is the latest in a series of cases from high courts across the country addressing the sharing of “post-production costs” between royalty owners and oil and gas lessees.

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Iraq Business News: Oil & Gas

FEBRUARY 25, 2025

BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. We thank the Government of Iraq for the trust and privilege to deepen our cooperation in-country. " It also builds upon BP's previous work on the Kirkuk fields from 2013 to 2019.

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Egypt Oil & Gas

MARCH 6, 2025

During the meeting, the Minister discussed to implement investment incentive programs in the oil and gas sector during the last eight months since the government was assigned , which clearly contributed to achieving positive indicators to accelerate drilling operations and production in many projects in cooperation with investment partners.

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Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen?

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Oil Royalty Exploration and Production Government 52

Reporting Oil and Gas

NOVEMBER 26, 2023

Jinapor emphasized that the government’s decision to acquire crude oil without relying on dollars through this innovative approach had significantly curtailed the depreciation of the Ghana Cedi, playing a crucial role in bolstering the national economy. Additionally, petrol prices decreased from GHS23 per litre to GHS12 per litre.

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The Energy Law

MARCH 28, 2022

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. Carbon capture, utilization, and storage (CCUS) projects involve various legal issues.

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The Energy Law

JUNE 30, 2023

Additionally, concerns about a potential “chilling effect” on the state’s real estate industry have been raised, along with likely complications associated with the task of identifying whether every entity buying or leasing property in the state is sufficiently tied to an adversarial government to fall under the purview of this bill.

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The Energy Law

JULY 1, 2021

The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. If (and only if) an express contractual provision requires greater remediation than government standards, a jury may consider and award such “excess remediation” damages.

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E&A Exploration and Production Government Casing 52

Aresco

AUGUST 13, 2024

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.

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The Energy Law

NOVEMBER 7, 2014

The Violation In March 2012, BSEE conducted an inspection of ATP’s floating production platform facility, known as the ATP Innovator, while it was moored to the sea floor about 45 nautical miles offshore of southeastern Louisiana (about 125 miles south of New Orleans) and engaged in the production of oil and natural gas.

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The Energy Law

JUNE 8, 2020

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 Res., NationsBank , 939 S.W.2d 2d 118, 120-21 (Tex.

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Navigate Power

NOVEMBER 17, 2024

As society increases its focus on going green, businesses are exploring their options for renewable energy. For example, a company in Australia called Power Ledger uses a blockchain platform that monitors users’ energy consumption and production while ensuring transparent yet secure executions. First, let’s define it.

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AWS: Energy (Oil & Gas)

JANUARY 6, 2025

Overview The combination of AWS generative AI, S&P Global Enterprise Data Management (EDM) for Energy, and Esri ArcGIS tools orchestrates a harmonious symphony in subsurface exploration workflows within the energy sector. The conceptual architecture of the EDI on AWS for the OSDU Platform is shown in the following figure.

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The Energy Law

APRIL 2, 2019

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.

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The Energy Law

MAY 18, 2021

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. Therefore, 28 U.S.C. 1442(a)(1) allowed them, as federal officers, to remove the case to federal court. 657, 43 U.S.C.

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Casing Exploration and Production Energy Energy 52

The Energy Law

SEPTEMBER 21, 2015

Chesapeake Exploration Limited Partnership , XOG sought an interpretation of the retained acreage clause contained in an assignment to Chesapeake of XOG’s lease interests in four oil and gas leases collectively covering 1,625 acres. In XOG Operating, LLC v. In this case, Chesapeake had chosen not to designate a full proration unit (i.e.,

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Navigate Power

OCTOBER 18, 2024

Access to Government Incentives and Subsidies The federal government and some local governments offer tax credits and financial incentives to install solar panel systems. As technology evolves, outdated strategies, products, and systems can better accommodate the need for eco-friendly business solutions.

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Producer's Edge

NOVEMBER 1, 2024

The Texas Business Courts will potentially impact a wide range of cases, from high-value contract disputes to intricate corporate governance issues. Their limited jurisdiction, set forth in Texas Government Code Sec. 004, is described by a detailed list of claims, with a variety of limitations, exceptions, and exclusions.

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Rextag

FEBRUARY 17, 2025

Ford lost $60,000 per EV in 2024, forcing automakers to scale back production. Governments are struggling to build charging infrastructure, creating adoption barriers. 5) Governments Are Rolling Back EV Mandates The IEA assumes governments will aggressively push EV adoption, but real policies are shifting away from strict mandates.

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Rextag

FEBRUARY 13, 2025

New CEO, New Beginning: Is Auchincloss Bold Enough to Take BP to the Top? BP has unveiled plans for what its Chief Executive, Murray Auchincloss, calls a fundamental reset of the companys strategy. He prioritizes core oil and gas projects to unlock stronger cash flow and satisfy shareholders. billion Analyst Consensus : $1.26

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The Energy Law

SEPTEMBER 21, 2021

Carbon capture can use a variety of techniques to remove emissions from industrial and power production operations post-combustion. This process of utilization refers to the use of CO2 directly or as a feedstock in industrial or chemical processes, to produce valuable carbon-containing products, where CO2 can generate economic value.

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The Energy Law

JANUARY 20, 2021

By granting certiorari and hearing oral arguments, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.

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The Energy Law

AUGUST 10, 2017

Also included is a joint operating agreement (“JOA”) to govern the drilling and operation of additional development wells in a formation once a working interest in that formation has been earned in accordance with the provisions of the EJDA. Structure the earning provisions of the EJDA to incentivize the drilling of Earning Wells.

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The Energy Law

SEPTEMBER 23, 2008

Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. House of Representatives passed Speaker Pelosi’s Energy Bill, H.R. 6899, titled “Comprehensive American Energy Security and Consumer Protection Act.”

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The Energy Law

JANUARY 2, 2020

Riverwood Production Company, et al. (“ Riverwood ”), No. According to defendants, the Report shows, for the first time, that plaintiffs allege damages based on World War II-era exploration and production activities that were controlled, directed, and regulated by the federal government. 18-5217, 2019 WL 2271118 (E.D.

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The Energy Law

AUGUST 29, 2014

The reorganization gave BSEE regulatory authority (PDF) over safety and environmental affairs for OCS exploration and production activities. As part of the restructuring of the MMS, DOI Secretary Salazar established the IRU within BOEMRE via Secretarial Order No. 3304, issued June 29, 2010. Richard Hastings (R-Wash.),

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The Energy Law

JUNE 12, 2017

Tauren Exploration, Inc. , Tauren Exploration, Inc. , 19] Although the Second Circuit found solidary liability in this instance, it is important to note that the Court stated that the case at issue was “highly fact-intensive and should not be construed as governing other cases that may follow unless the same facts exist.” [20]

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The Energy Law

OCTOBER 2, 2020

By granting the petition, the Supreme Court has agreed to review the Fourth Circuit Court of Appeals’ decision remanding the suit to state court after rejecting the energy companies’ contention that they were acting as federal officers pursuant to historical contracts with the federal government.

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Casing E&A Exploration and Production Energy 40

The Energy Law

OCTOBER 5, 2020

Producers and governments have shown interest in CCS as it allows for the continued use of fossil fuels while reducing net carbon dioxide emissions. CCS is the process of seizing atmospheric carbon dioxide and storing (or “sequestering”) these gases in physical formations in the ground. [2]

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The Energy Law

JANUARY 28, 2021

And finally, there are a growing number of proposals in state legislatures relating to the issue of environmental justice, which is the idea that low-income communities and communities of color tend to be disproportionately exposed to pollution and benefit the least from government regulation and investment. [8]

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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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Oil and Gas Investments

NOVEMBER 27, 2024

Production from Latin America represents just a sliver of overall supply. That mine is owned by Mosaic, who will give the mine a small increase in production in 2024 from 350,000 tonnes to 400K. But that is about to change when Brazil Potash’s Autazes mine lifts off into production. Which is a BIG advantage!

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Oil Gas Leads

MARCH 13, 2025

One such transaction involves Scout Energy Management LLC , which has acquired multiple production facilities from ConocoPhillips in Pecos and Reeves counties, Texas. Why Air Permitting Matters Air permits are crucial in the oil and gas industry as they govern emissions limits, operational guidelines, and environmental impact mitigation.

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The Energy Law

OCTOBER 28, 2016

Hours before a controversial set of new reporting requirements for government contractors was set to take effect, a federal court in Texas enjoined implementation of the requirements across the country. The violations are analyzed and taken into consideration by the agencies in awarding contracts.

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Rextag

FEBRUARY 24, 2025

Over the past two years, 2023 and 2024, production levels have soared, investment strategies have shifted, and new regulatory frameworks have emerged. How will new policies impact production and investment strategies? 2023 Production: ~6.0 2024 Production: 6.3 MMBbl/d production increase in 2024. MMBbl/d , a 0.3

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Oil and Gas Investments

SEPTEMBER 17, 2024

With 94% of the resource known to be in mineralized bands, the exploration risk to take this Inferred 5.2 Ideally in North America. The gold market now has enough life in it–$2600/oz and counting!!–that –that development stocks with these BIG ounces in the ground are moving. Its close to very cheap power ($0.08/KwH)

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