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Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

Mineral lessees may be particularly concerned with whether recent production levels have maintained their leases beyond their primary terms. In Louisiana, as in most jurisdictions, production of oil or gas must be in “paying quantities” to maintain a mineral lease beyond its primary term. [1] Lea Exploration Co. , JLH Enters. ,

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Latest Version of Louisiana Property Protection Bill Grants an Exception to Oil and Gas Investment By Companies Controlled By Countries Deemed a “Foreign Adversary”

The Energy Law

According to the American Petroleum Corporation, Louisiana’s oil and gas resources provide over 54 billion dollars in economic, trade, and job benefits. To receive information from Liskow & Lewis, your information will be kept in a secured contact database. Communications include firm news, insights, and events.

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Processor Required to Account For Diverted Volumes Used for Gas Lift

The Energy Law

Generally, oil and gas production facilities have accounted for volume losses under the concept of “Fuel, Flare & Losses.” However, before the Red Willow production stream reached the sales line, Palm diverted more than twenty percent of the gas to use as lift gas in its own low pressure oil wells. In Red Willow Offshore, LLC v.

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Air Permitting: Sixth Circuit Vacates Single Stationary Source Aggregation Determination for E&P Facilities Due to EPA’s Unreasonable Interpretation of Adjacent

The Energy Law

By Lesley Foxhall Pietras On August 7, 2012, in a 2-1 decision in Summit Petroleum Corp. The question of what is “contiguous or adjacent” has long been vexing for the exploration and production industry. See Summit Petroleum Corp. Under different administrations, EPA has changed its guidance on the meaning of this phrase.

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Florida Investors and the Shift to Alternative Investments in Oil and Gas

Aresco

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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Unlock and accelerate data up and down the energy value chain with IBM Open Data for Industries

IBM: Oil & Gas

Building on the streamlined hybrid-cloud foundation of OpenShift, IBM Open Data for Industries offers an enterprise grade open source platform on the OSDU data foundation that supports infrastructure-agnostic, vendor-neutral solutions to reduce complexity for building a single exploration, drilling and production workflow.

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

.” 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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