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YPF turnover ruling in US casts shadow on Argentina’s shale, FX plans

Oil & Gas 360º

billion court judgment against the country over its 2012 nationalization of the firm. ” The legal dispute arose from Argentina’s 2012 seizure of the 51% YPF stake held by Spain’s Repsol (OTC: REPYY ), without tendering for shares held by minority investors Petersen Energia Inversora and Eton Park Capital Management.

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Trans Energy Settlement Shows Need for E&P Wetlands Compliance Strategy

The Energy Law

The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities. See 77 Fed. 10184 (Feb.

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Supreme Court of Texas Washes Out the “Anadarko Washout”

Producer's Edge

This particular species of lease washouts is based on two recent cases from the El Paso Court of Appeals – Cimarex Energy Co. Anadarko E & P Onshore, LLC, 676 S.W.3d Anadarko E& P Onshore, LLC, no. Cimarex instead chose to rely on production from several wells Anadarko drilled in 2011 and 2012.

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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law

In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. El Paso E & P Co. , El Paso E & P Co. , 9/22/10); 48 So.

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New Air Standards for Oil & Gas Industry May Force HAP Area Sources into Major Source Status

The Energy Law

By Robert E. Moreno On August 16, 2012, EPA published a new rule that revises the NESHAP Subpart HH standards for the oil and gas industry. The Final Rule wassigned on April 17, 2012, but publication in the Federal Register did not occur until August 16, 2012, making the rule effective on October 15, 2012.