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For the past 30 years, EnerCom Denver has been the largest independent investor conference for the global oil and gas and broadening energy industry that is open to all energy companies, investors, and professionals to participate. He joined the company in 2014 as VP of Technology and Development. Ron holds a B.Sc. Ron holds a B.Sc.
On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values. Buyers on the other hand were already stretched by M&A valuations and cant afford to continue to pay recent prices now that oil prices are lower.
On December 3, 2021, the Department of Justice published a notice in the Federal Register of a settlement between Federal and State Trustees and Kirby Inland Marine, LP (“Kirby”) to resolve natural resource damages from a 2014oil release. Kirby has been a cooperating responsible party and paid for removal costs.
El documento concluye que un cierre de Hormuz sería uno de los mayores shocks petroleros del siglo, con consecuencias globales e implicaciones estratégicas para países productores como México. Sin embargo, enfrentaría mayores costos de importación de gasolinas y diésel, lo que podría neutralizar parte del beneficio neto.
Oil prices have plunged to levels not seen in years, dragging down energy stocks and forcing a strategic reassessment across the U.S. To balance the market, oil prices may need to drop to a point where U.S. This looks a lot like 2014 all over again, said an energy strategist. The energy sector is facing a storm. Whats Next?
On the vendor/supplier side, Houston-based Vertice Oil Tools acquired Greenwell Engineering Inc. Perhaps all four are at work today in the wireline industry in the Permian Basin, but certainly the fourth factor—consolidation—is making itself felt. It’s been a momentous 2025 for the wireline niche. April brought two big moves.
2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. The lessee, MRC Permian Company, received four identical oil and gas leases from certain lessors in 2014.
La regla general en el 2013-2014 eran los contratos de exploracin y de extraccin, estos se adjudicaban en un proceso competitivo (las rondas de licitacin que fueron conducidas por la CNH), y de manera excepcional se permita a la Sener que le asigne a Pemex un rea especfica para llevar a cabo las actividades petroleras, inform Pimentel.
On top of that, upstream companies will now have to navigate significant headwinds from falling oil and equity values. Buyers on the other hand were already stretched by M&A valuations and cant afford to continue to pay recent prices now that oil prices are lower.
ENOC Group announced that it recorded remarkable success in energy reduction resulted in saving AED395 million in total energy from 2014 to 2024 and mitigating 703,840 metric tonnes of greenhouse gas emissions, WAM reported.
The so called “Anadarko Washout” involves a washout of oil and gas leases on undivided working interests owned by non-operating mineral cotenants. Anadarko E & P Onshore, LLC, 676 S.W.3d Anadarko E& P Onshore, LLC, no. Anadarko Petroleum Corp., 3d 73, 93 (Tex. 3d 860 (Tex. —El Paso, 2023 pet.
COG owned the minerals under four leases in Reeves County, Texas executed between 2005 and 2014. Those leases granted COG the exclusive right to produce “oil and gas” or “oil, gas and other hydrocarbons.” As background, many areas in Texas contain shale formations that are dense and have poor permeability.
On Thursday, a divided panel of the Texas Court of Appeals in Houston held that the 2014-2015 drop in oil prices is not a force majeure for purposes of general force majeure contractual protection. In TEC Olmos, LLC v. 01-16-00579, 2018 WL 2437449 (Tex. Houston May 31, 2018).
The dispute between ETP and Enterprise began in 2011, when Enterprise approached ETP about potentially building a crude oil pipeline together. The dispute between ETP and Enterprise began in 2011, when Enterprise approached ETP about potentially building a crude oil pipeline together. Enterprise Products Partners, L.P. ,
On September 2, 2014, the Department of Justice announced a settlement in United States v. requiring the oil and gas company to pay $3 million in civil penalties and to spend approximately $13 million to restore 15 sites in West Virginia that had been developed without dredge and fill permits. Trans Energy, Inc. , 14-117 (N.D.W.Va.),
2014), another case involving an arbitration clause which incorporated the AAA rules and explicitly exempted certain claims from arbitration. Therefore, litigants and practitioners in the Fifth Circuit should continue to look to the Fifth Circuit’s decision for guidance in determining “who” decides whether a claim is arbitrable.
In Lightning Oil Co. Anadarko E&P Onshore, No. 04-14-00903-CV , 2014 Tex. A mineral “‘lessee’s interest is a separate, real interest, amount[ing] to a defeasible title in fee to the oil and gas in the ground.’” Lexis 8673 (Aug. Lexis 8673 (Aug. Lightning appealed to the Fourth Court of Appeals.
In re Oil Spill by Oil Rig “Deepwater Horizon” in Gulf of Mex., In In re Deepwater Horizon , No. 20-30300, 2021 WL 96168, a three-judge panel of the U.S. The district court dismissed their case under Federal Rule of Civil Procedure 12(b)(6). The district court dismissed their case under Federal Rule of Civil Procedure 12(b)(6).
1] The dispute in Johnson involved a group of unleased mineral owners (“UMOs”) who filed suit against a unit operator for deducting a litany of post-production costs against their share of production proceeds from an oil and gas unit in the Haynesville Shale. [2] Chesapeake Louisiana, LP. [1] 2] The UMOs argued that La. 8] However, La.
In re Oil Spill by Oil Rig “Deepwater Horizon” in Gulf of Mex., In In re Deepwater Horizon , No. 20-30300, 2021 WL 96168, a three-judge panel of the U.S. The district court dismissed their case under Federal Rule of Civil Procedure 12(b)(6). The district court dismissed their case under Federal Rule of Civil Procedure 12(b)(6).
allowing an $81 million judgment against the oil company to stand. The judgment is the latest in a suit the EPA filed against CITGO under the Clean Water Act for a 2006 spill at the oil company’s St. Charles refinery. In the original judgment , U.S. Adm’r of E.P.A. CITGO Petroleum Corp., 3d 547, 549 (5th Cir. million dollars.
BlueStone primes the Court to resolve a Texas appellate court split regarding whether a lease provision requiring royalties to be paid based on “gross” profits or value received from the sale of oil and gas production nullifies an “at the well” valuation point elsewhere in a lease. Oil & Gas Co. Heritage Resources , 939 S.W.2d
While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline. During this downturn in activity, mineral rights owners must remain cognizant of the maintenance activities necessary to preserve their mineral rights.
BSEE’s regulations define “obstructions” as “structures, equipment, or objects that were used in oil, gas, or sulphur operations. Some identify by lease block the SSRA that would allegedly be impacted by leaving the pipeline in place; others do not. 250.1754. that, if left in place, would hinder other users of the OCS.” 250.1700(b).
3d 550, a three-judge panel of the United States Fifth Circuit Court of Appeal held on August 14, 2020, that seaman status under the Jones Act may apply to an injured welder on a jack-up oil rig adjacent to an inland pier. Smart Fabricators of Texas (“SmartFab”) fabricates steel and repairs oil and gas drilling equipment.
3d 550, a three-judge panel of the United States Fifth Circuit Court of Appeal held on August 14, 2020, that seaman status under the Jones Act may apply to an injured welder on a jack-up oil rig adjacent to an inland pier. Smart Fabricators of Texas (“SmartFab”) fabricates steel and repairs oil and gas drilling equipment.
The path to this Proposed Rule has been long and winding, beginning in 2014 with BOEM resisting making changes through formal notice and comment rulemaking pursuant to the Administrative Procedures Act, and instead continuing to regulate this issue through Notice to Lessee (“NTL”) guidance documents.
The path to this Proposed Rule has been long and winding, beginning in 2014 with BOEM resisting making changes through formal notice and comment rulemaking pursuant to the Administrative Procedures Act, and instead continuing to regulate this issue through Notice to Lessee (“NTL”) guidance documents.
Skip to main content The Iberian green industrial opportunity: Carbon capture and storage July 10, 2025 | Article Carbon capture and storage could play a critical role in decarbonizing hard-to-abate industries in the Iberian Peninsula. As the world shifts toward a more sustainable future, addressing carbon emissions remains a top priority.
Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. All of the provisions. and Section 2.” DBR further argued that the leases’ reference to “said land.
Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. All of the provisions. and Section 2.” DBR further argued that the leases’ reference to “said land.
Mr. Lennie had worked for the pipe yard for a number of years, and 16 years after his retirement, in 2010, Mr. Lennie was diagnosed with lung cancer and died that same year. However, his surviving wife and children did not file suit against various pipe yard and oil company defendants until almost four years later – in January 2014.
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