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Libya launches first oil exploration bid round in 17 years

Oil & Gas 360ยบ

(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.

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Exploring the World of Drill Pipes: Vital Components in Oil and Gas Exploration

DIC Oil Tools

DIC Oil Tools is one of the leading Suppliers of Drill Pipes for the oil and gas industry. At DIC Oil Tools, we only use the most durable materials available for OCTG and drill pipe manufacturers. Why choose DIC Oil Tools for Drill Pipe? Keep reading to learn more about this system and the benefits youll see.

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The Importance of Field Gas Conditioners and JT Skids in the Oil and Gas Industry

Pro-Gas Services

Oil and gas is a complex landscape of processes, each playing a crucial role in ensuring the safe and efficient delivery of energy resources to homes and businesses worldwide. Join us as we delve deep into the world of field gas conditioners, exploring their functions, benefits, and the crucial role they play in the oil and gas value chain.

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How Free Water Knockouts Work

OilPro

In the oil and gas industry, the process of separating water and other impurities from crude oil and natural gas is crucial for efficient and safe production. In this article, we will explore what free water knockouts are, how they work, and the different types and design considerations to keep in mind when implementing them.

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Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial courtโ€™s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] Tauren Exploration, Inc. Tauren Exploration, Inc.

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EPA and BSEE Team Up to Resolve Offshore Environmental Violations

The Energy Law

Recently, when there was talk about Houston-based ATP Oil and Gasโ€™ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments.

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Louisiana First Circuit Applies Subsequent Purchaser Doctrine to Property Transfer Involving Closely Held LLC

The Energy Law

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.