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The OCSLA Does Not Provide Federal Jurisdiction for Insurance Disputes

The Energy Law

The Eastern District of Louisiana recently held that insurance claims for damage to a Gulf of Mexico production facility will not support federal court jurisdiction under the Outer Continental Shelf Lands Act. Accordingly, the district court remanded the case of LLOG Exploration Co. 1349(B)(1). 1349(B)(1).

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.

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New Business Courts: Strategic Considerations for Oil and Gas Counsel

Producer's Edge

We'll examine the structure, jurisdiction, and procedural aspects of the new system, explore potential strate-gic considerations, and discuss the possible implications for the energy industry. These five divisions are fully operational beginning September 1, 2024.

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DOI Announcement of a Proposed Rule on Risk Management, Financial Assurance and Loss Prevention

The Energy Law

For example, the Proposed Rule would remove the requirement that a third-party guarantee ensure compliance with the obligations of all lessees, operating rights owners, and operators on the lease.