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Offshore Companies Face Surge in BSEE Enforcement Actions and Penalties

The Energy Law

1] Operators face more BSEE inspections, Incidents of Non-Compliance (INCs), and civil penalties than ever before. See Island Operating Co., 186 IBLA 199 (2015). BSEE collected civil penalties in 22 cases in 2009, 26 cases in 2010, 30 cases in 2011, 31 cases in 2012, 42 cases in 2013, 53 cases in 2014, and 42 cases in 2015.

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Overturning 8 Years of “Palpable Error,” The Louisiana Supreme Court Limits Damages Available to Landowners in Oilfield Legacy Litigation

The Energy Law

However, there was no mechanism to ensure that a penny of the $33 million awarded in Corbello would be spent on clean-up. After the LL&E I decision, the case went to trial in 2015. Tackling this problem, the Louisiana Legislature in 2006 enacted La. 30:29, known as Act 312. Louisiana Land and Exploration Co., 12-0884 (La.

E&A 105
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Overturning 8 Years of “Palpable Error,” The Louisiana Supreme Court Limits Damages Available to Landowners in Oilfield Legacy Litigation

The Energy Law

However, there was no mechanism to ensure that a penny of the $33 million awarded in Corbello would be spent on clean-up. After the LL&E I decision, the case went to trial in 2015. Tackling this problem, the Louisiana Legislature in 2006 enacted La. 30:29, known as Act 312. Louisiana Land and Exploration Co., 12-0884 (La.

E&A 52
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The Supreme Court’s Adopted Amendments to the Federal Rules of Civil Procedure: A Welcome Emphasis on Cooperative Case Management and Cost-Effective Discovery

The Energy Law

On April 29, 2015, the United States Supreme Court adopted the long anticipated amendments to the Federal Rules of Civil Procedure. Pending Congressional review, the amendments will become law on December 1, 2015.

Casing 40
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What 2024 Taught Us: From Offshore Discoveries to Net Zero Ambitions, What Mattered Most

Rextag

ExxonMobils latest discovery at Guyanas Stabroek block expanded its tally to over 30 discoveries since 2015. Electrification of Platforms: Equinor led efforts to electrify North Sea platforms, which slashed 160,000 tons of CO emissions annually and showcased the integration of renewables with fossil fuel operations.

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Does the Market Need OPEC/OPEC+?

Energy Outlook Advisors

Subscribe now The oil industry, just like any other extractive industry, is capital intensive with its costs mostly being sunk cost, while the operating cost is relatively small. During a period of an economic downturn and very low oil prices, producers focus on the operating cost. They continue to produce despite the hefty losses.

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The great trade rearrangement

McKinsey

For an example discussion, see UK Office for National Statistics, “UK Trade in Goods estimates and the ‘Rotterdam Effect,’” 2015. in, 2015, then fluctuation between 0.1 This would be an increasingly relevant mechanism over the course of months or years (depending on the product), which we have generally not simulated.