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U.S. House of Representatives Passes Energy Bill

The Energy Law Blog

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

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Nigeria Oil Industry Overview

Drillers

Pipeline vandalism, militant attacks on infrastructure, protests and lawsuits are among the issues that have plagued Nigerias oil industry for years. Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country.

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Valor | Energy Connection – Feb. 24, 2025

Valor

onshore wind farms and spinning off offshore wind assets. Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%.

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Oil Review Middle East - Untitled Article

Oil Review Middle East

Hunting will pay a 15% royalty to the sellers on revenue earned for a period of 15 years, post-completion. Over 340 successful applications onshore and offshore have been reported, with an overall success rate of 94%.

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With A New Regulatory Framework On The Horizon, There Is Still Much Uncertainty Concerning The Future Of Offshore Carbon Storage

The Energy Law Blog

In the meantime, more questions than answers remain regarding the regulatory framework for offshore CCS. One issue is the method Interior will use to authorize offshore CCS – by lease, easement, or right-of-way (or some combination thereof).

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law Blog

on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. Biden has indicated that, if elected, he will seek to put the U.S. million barrels of oil and gas per day.

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Presidential Election 2020: Considerations for the Oil & Gas Industry

The Energy Law Blog

on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. Biden has indicated that, if elected, he will seek to put the U.S. million barrels of oil and gas per day.

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