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Libya last held a bidding round in 2007, four years before the NATO-backed uprising in which Qaddafi was killed. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million-barrel peak reached during strongman Muammar Qaddafi’s reign in 2006. Libya currently pumps about 1.4 million bpd. Waha Oil Co.,
The merged company will operate under the Whitecap Resources name and will be headquartered in Calgary, Alberta. paid C$12,016 per hectare for land in the Fort Kent field, the highest price for oil sands land since 2007. The divestitures are expected to close before June 30, 2025. In March, Synergy Land Services Ltd.
In 2007, McKinsey developedâfor a Swedish utilityâthe first marginal abatement cost curve (MACC) to provide such a framework (Exhibit 1). Since 2007, MACCs and their equivalents have become widely accepted. In the initial global MACC, the abatement potential for passenger EVs by 2030 was estimated at 0.05 gigatons as of 2024.
operated Buzzard field, which started production 2007; an operating stake of 65.11percent in Mariner, online since 2019; and an 80 percent operating stake in Rosebank, expected to come onstream 2026. percent operating stake in Pierce, which started production 1999; a 44.9 Adura will include Equinor’s 29.89
Every chief operating officer (COO) knows this simple truth: Delivering the companyâs strategy isnât just part of the jobâit is the job. percent between 2002 and 2007. The role and title of the COO In many organizations, the person overseeing an organizationâs operations is given the title of chief operating officer, or COO.
“The licensees will consider tie-in of the discovery to the Johan Castberg field”, said Equinor, which operates Johan Castberg with a 46.3 Johan Castberg is the third field developed in the Norwegian Barents Sea after Snohvit, which started production 2007, and Goliat, which went online 2016. percent stake.
Libya last held a bidding round in 2007, four years before the NATO-backed uprising in which Qaddafi was killed. Authorities target daily oil output of 2 million barrels before 2030 — surpassing the 1.75 million-barrel peak reached during strongman Muammar Qaddafi’s reign in 2006. Libya currently pumps about 1.4
“In addition, both companies intend to pursue joint investment projects across fuel distribution and development of the biofuels segment” ORLEN says it also continues to supply Ukraine with fuels from its refineries in Poland and Lithuania, as it has done so since 2007.
Skip to main content The European asset management industry: Navigating volatile times July 9, 2025 | Article Felix Wenger  Niklas Nolzen  Nunzio Digiacomo Macroeconomic uncertainty and weaker profits are forcing the industry to rethink its business and operating models. (12 We identified five strategic imperatives for this new era.
The previous such bid round was held in 2007, four years before the toppling of Muammar Ghaddafi in 2011, which led to a protracted civil war in the country with various factions and tribal interests vying for control of key institutions and major oilfields. Foreign majors have also made steps to return to operations in Libya.
2007), the court found itself bound to follow Fifth Circuit precedent set in Stine v. 1992), which held JOA exculpatory language limiting operator liability to situations of gross negligence of willful misconduct applicable to all good faith actions undertaken by the operator under the JOA, including performance of its contractual duties.
The microliner will have a dual flight deck and can be operated by a single pilot. Electric air mobility has been on my mind since 2007, when sustainability wasn't even mainstream as it is today. The plane itself will run on a single propeller, but with multi-engine support of two mechanically and electrically segregated motors.
By Dana Douglas The Louisiana First Circuit Court of Appeal recently held that an operator is not responsible for payment of a non-operator’s royalties and overriding royalties before payout. 2007 WL 1651090 (La. 6/8/07), the operator completed a well that was plugged and abandoned without reaching payout.
by April Rolen-Ogden This case involved a suit by an unleased landowner against an oil and gas unit operator seeking unpaid production proceeds. The landowner owned a portion of a small tract of property, which was included in an oil and gas production unit that was apparently being operated by the defendant, Cedyco.
Production Operators, Inc. 2007-0648 (La. 2d 54, at issue was whether the provision of fuel by customers to a compression services operator at no cost for use in powering the operator’s compressors was subject to Louisiana sales or use tax. Production Operators, Inc. (“POI”) Production Operators, Inc.
173 IBLA 250 (2008), affirms an MMS denial of a Suspension of Operations (“SOO”) where the lessee submitted an revised exploration plan (“EP”) and permit to drill (“APD”) just days before the lease’s 10-year primary term expired, but was unable to conduct lease activities before the expiration date.
This rule is operative without any formal order. The revision became effective July 9, 2007. By Joe Giarrusso: In Louisiana, a lawsuit is generally deemed abandoned when the parties fail to take any step in its prosecution for three years. Click here to read the Act.
Texaco, Inc , 2007 WL 81665 (W.D. The plaintiff mineral lessors claimed that their property had been damaged by oilfield operations, and sued not only the operator, but also a production supervisor. 2d 716 (La.
SunRun , founded in 2007, is a leading company in the residential solar energy sector. As SunRuns business has expanded rapidly, their engineering and cloud operations teams have faced increasing demands. As SunRuns business has expanded rapidly, their engineering and cloud operations teams have faced increasing demands.
Click here for an overview of the 2007 DHS Infrastructure Protection Program. The roadway is a critical lifeline that carries nearly 1000 trucks per day transporting goods and workers to Port Fourchon, and from there to exploration and production operations in the Gulf. For more on this project, click here.
Sundown Energy, LP , 2007 WL 1240212 ( E.D. The case concerned oil tanks on a drill site owned and operated by Sundown, which were ruptured in Hurricane Katrina. . § 2701 et seq. does not preclude a plaintiff from bringing state law claims for additional liability or compensation. Isla Corp. 4/27/07).
Operators already covered under the 2007 permit have until January 31, 2013 to file new Notices of Intent (“NOIs”) for continuous coverage. The Primary Operator is the one that submits the NOI for coverage by block. The Primary Operator is the one that submits the NOI for coverage by block.
Mineral, surface, and subsurface leases on the various properties have been granted to seven separate entities for oil and gas operations on the property. The trial judge ultimately granted the exceptions and dismissed the plaintiffs’ action without prejudice on May 7, 2007.
By: Clare Bienvenu On January 3, 2007, EPA promulgated a final rule amending 40 C.F.R. 26 (January 3, 2007). The final rule is posted here. If a TEG dehydration unit meets the exemption criteria, the owner/operator must maintain records of the applicable throughput or emissions determinations. See 72 Fed.Reg. or higher.
March 15, 2007). Specifically, the panel held that "[t]he glaring shortfall in the Commission’s order is the lack of a reasoned explanation to support its disregard of the length, diameter, operating pressure, and non-physical factor’s of Jupiter’s system, which all weigh in favor of a gathering function."
Furthermore, the company announced a strained operating condition warning, which was cancelled on September 3. – Transco Gas Pipeline Corporation released a notice on September 4 regarding firm backhaul transportation service for winter 2007-2008. The service period will be from October 1, 2007, through April 30, 2008.
2007-1145 (La. BP America Production Company , 2007-1249 (La. In Germany v. ConocoPhillips Co. 3/5/08), — So. ConocoPhillips filed a motion in limine arguing that under Act 312 (codified as La. 30:29) trial must proceed in three stages. For another case involving the same issue of a bifurcated trial under Act 312, see Bernard v.
Saltwater disposal wells rarely fail, but when they do, a complex web of legal issues can arise, such as potential regulatory matters, and potential claims for surface or subsurface damages, among other related operational concerns. Operating LLC , No. Operating LLC , No. In this case, Lee v. Memorial Prod. 29, 2024, no pet.),
Certain Underwriters at Lloyd’s , 2007 WL 854307 (E.D. 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.
In D & J Invs. of Cenla, L.L.C. A watchful eye will now be on Louisiana Courts for decisions on whether a tort cause of action can be brought against LDEQ, and whether it owes a duty under the Louisiana Environmental Quality Act public notification regulation. [1] 1] D & J Invs. of Cenla, L.L.C. at *5 (citing Rico v. Flores , 481 F.3d
In 2007, in guidance specifically addressing oil and gas activities, EPA stated that “proximity is the most informative factor in making source determinations.” Specifically at issue was EPA’s finding that the plant and the wells were “adjacent” based on their operationally interdependent relationship. See Memorandum from William L.
Legacy Reserves Operating, LP, No. 12, 2012). Raven Resources (“Raven”) was interested in selling certain oil and gas related-properties to Legacy Reserves Operating LP, (“Legacy”). The document was dated June 22, 2007 and it was not signed. Raven Resources, LLC v. 11-09-00348-CV, 2012 Tex. LEXIS 310, (Tex.
In 2007, The Louisiana Commissioner of Conservation granted TMR a permit to drill for minerals on property not owned by Plaintiffs (collectively, the “Hills”). The Hills claim that TMR, and its successor operators, produced and sold minerals from underneath their property without their knowledge or consent.
4] In 2007, Fossil Operating, Inc. Fossil”), with whom Tauren contracted to conduct operations on the property, drilled and completed wells on the leased property in Sections 9, 10, and 16. [5] 5] Chesapeake Operating, Inc. between May 2007 and February 2010. [20] between May 2007 and February 2010. [20]
The dispute arose out of the drilling and operation of two wells drilled in 1999. The second, the “Hayes Lumber well”, produced the lower zone in the Nodosaria formation until 2007 when the operators ran into sanding problems. Hayes Fund for the First United Methodist Church of Welsh, LLC v. Kerr-McGee Rocky Mt., LEXIS 2530 (La.
The NTSB estimated a total of nearly 24 million flight hours in 2007, when 6.84 We do that in operations. of every 100,000 flight hours yielded an airplane crash while 1.19 of every 100,000 yielded a fatal crash. This was down from an all-time high of 9.08 accidents per 100,000 hours in 1994. New thinking is encouraged. Aim higher.
In 2007, The Louisiana Commissioner of Conservation granted TMR a permit to drill for minerals on property not owned by Plaintiffs (collectively, the “Hills”). The Hills claim that TMR, and its successor operators, produced and sold minerals from underneath their property without their knowledge or consent.
The lessees owned working interests in certain oil and gas leases that were executed in 2007. Sheppard , — S.W.3d 20-0904, 2023 WL 2438927 (Tex. The leases contained the following royalty provisions: 3.
for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. 5/25/21), 2021 WL 2102932, —So.
for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. 5/25/21), 2021 WL 2102932, —So.
for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. 5/25/21), 2021 WL 2102932, —So.
In 2007, an oil and gas lease was executed covering the ranch, which was later assigned to Burlington, and a production sharing agreement (PSA) was established in 2019. After litigation to partition the ranch, the family agreed to a surface partition in 2020. Subsection 5(d) limited Burlington’s right to use the surface as follows: d.
In Petro-Chem Operating Co., 1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. 21] Prior to spudding the well, the operator faced weather delays and was required to obtain a CUA permit. [22] Flat River Farms, L.L.C. ,
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