Remove Exploration and Production Remove Offshore Remove Transportation
article thumbnail

Added Protections for Louisiana’s Port Fourchon and Offshore Oil Port

The Energy Law

Two developments this week will increase protections for South Louisiana’ s Port Fourchon and Louisiana Offshore Oil Port (LOOP). Port Fourchon handles more than 75% of the oil and gas production from the Gulf of Mexico, while LOOP is the only port in the U.S. capable of offloading the deepest draft tankers.

article thumbnail

Upstream Midstream Downstream – What is the Difference?

Aresco

Upstream Midstream Downstream are terms commonly used in the oil and gas industry to describe different stages of the production and distribution process. Midstream activities involve the transportation, storage, and wholesale marketing of oil and gas. It also includes the distribution and sale of these products to consumers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

U.S. Customs Revokes Recent Offshore Wind Ruling; Maintains Uncertainty Whether the Jones Act Applies to Wind Farm Installations on the OCS

The Energy Law

On July 15, 2020, the Unites States Customs and Border Protection (“CBP”) issued a ruling (HQ H309672) in connection with the installation of an offshore wind farm located off the coast of Rhode Island and Massachusetts in U.S. As such, CBP determined that the Installation Vessel served no transportation function. 1333(a)(1).

article thumbnail

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.” In Red Willow Offshore, LLC v. Red Willow Offshore, LLC and Medco Energi US, LLC (collectively, “Red Willow”) were co-working interest owners of a natural gas well without the facilities to produce the well.

Gas 40
article thumbnail

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

Pro-Gas Services

These compact, powerful systems act as unsung heroes, diligently working behind the scenes to ensure natural gas is primed for transportation and further processing. 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.

Field 52
article thumbnail

U.S. House of Representatives Passes Energy Bill

The Energy Law

Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. per MMBtu, unless lease royalties were renegotiated with the Secretary , imposes Conservation of Resources Fee on nonproducing lease acreage of $3.75

Royalty 40
article thumbnail

Nigeria Oil Industry Overview

Drillers

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? Exxon comes next: the U.S.

Oil 52