article thumbnail

The Iberian green industrial opportunity: Carbon capture and storage

McKinsey

This procedure has been used once on CCS licenses, specifically for the Hontomín Pilot Project, which took about eight years to complete. Gassnova participated in the feasibility studies in 2016 and completed the front-end engineering and design (FEED) studies for the CO 2 storage project in September 2019.

article thumbnail

Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude

The Energy Law

In January 2006, approximately 6 months before the servitude would expire for non-use, the mineral servitude owner conveyed the servitude to an affiliated business entity on the condition that it drill a well on the property by June 15, 2006. A well was spud on March 28, 2006.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. Tauren”) In February 2006, Tauren assigned an undivided 49% interest in the Lease to Cubic Energy, Inc. As of the posting of this blog entry, the delays for appeal have yet to expire. [2]

Royalty 40
article thumbnail

Louisiana Legislature Modifies Oilfield Cleanup Legislation

The Energy Law

ACT 312 BEFORE THE NEW LEGISLATION Act 312 of the 2006 legislative session was enacted in response to judicial decisions that awarded significant damages for remediation costs with no obligation for landowners to actually use such awards for cleanup work. These changes are summarized below.

Casing 40
article thumbnail

Palisades nuclear plant revival sparks industry interest

Oil & Gas 360º

Once complete, it is expected to deliver 800 MW of clean power and support 600 jobs. Alan Blind, the engineering director at Palisades from 2006 to 2013 under the previous owner Entergy, explained , The NRC is scared to death of steam generator tube ruptures. The Palisades will be the first U.S. NRC licensing approvals.

Operator 130