Producer's Edge

NOVEMBER 1, 2024

For in-house counsel in the oil and gas industry, this development warrants close attention and careful consideration. For example: How will the limited jurisdiction of these new courts fit within the types of disputes common in the oil and gas sector? How might existing agreements and future contracts be affected by this new forum?

Oil 52

Oil Gas Casing Government 52

The Energy Law

OCTOBER 15, 2020

In addition, the proposed regulations provide that BOEM would also consider the proved oil and gas reserves on the lease and the financial strength of predecessors in determining whether additional security was required. The party’s co-lessee has an issuer credit rating or proxy credit rating that meets the criteria in (1) above; Or.

Pipeline 40

Pipeline Exploration and Production Operator E&A 40

The Energy Law

SEPTEMBER 18, 2020

In addition, the Proposed Rule removes the requirements that Treasury securities be pledged to fund the decommissioning account before the amount of funds in the account equals the maximum amount insurable by the Federal Deposit Insurance Corporation (FDIC).

Management 40

Management Exploration and Production E&A Pipeline 40