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The geology is familiar, the operators are credible, and the development timelines are beginning to crystallize. Guyana’s offshore story began in earnest with ExxonMobil’s Liza-1 discovery in 2015, followed by first oil in 2019.
this young, fast-growing operator made its debut at No. Operates 450,000 net acres and produces 370,000 barrels per day. In 2015, they started Colgate Energy , buying up 180,000 acres (~$1B in deals). Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Under the Agreement, Sewak was paid his day rate for work done in 2013 to 2015. In late-2014 to early-2015, the survey was completed enough to begin identifying drilling prospects. Between September 2017 and February 2018, Sewak submitted three unpaid invoices.
Operators increasingly turn to emerging basins both domestically and internationally, yet production forecasting in these frontier areas remains severely constrained by limited well control and production history. The fundamental limitation in emerging basin evaluation derives from insufficient production calibration data.
Wood Mackenzie noted in its release that ExxonMobil found over eight billion barrels of new field resources on a net equity basis since 2015, which it said is more than any other company over the decade. Congratulations to John Ardill and the entire exploration team,” he continued.
In a release sent to Rigzone back in May by Fadnes, eDrilling announced that it had changed its name to Pions “to reflect the company’s broader vision, evolving technology, and growing ambitions” The website of eDrilling has been updated to reflect the company’s rebrand.
said its subsidiaries have been awarded a contract by ExxonMobil affiliate Esso Exploration Angola (Block 15) Limited for services supporting Esso’s offshore operations in Angola Block 15. Image by CoreDesignKEY via iStock Oceaneering International, Inc. Oceaneering Angola, S.A. and Oceaneering Marine Technologies Ltd.
The NRC is an independent agency established by Congress in 1975 to make sure that nuclear reactors are deployed and operated safely. Slashing regulations Trump's executive order seems more focused on approving reactors fast than safety, said Stephen Burns, who chaired the NRC from 2015 to 2017. over the past three decades.
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 Passives in Europe reached â¬4.9
Orange EV, a manufacturer of heavy-duty, electric vehicle (EV) truck solutions, has announced its new intermodal terminal trucks, scheduled to be available Q3 2022, to meet the increased cargo handling and lifting demands required by port and rail intermodal operations. Built […].
Venezuelas armed forces were placed on high alert over the weekend as Caracas accused foreign actors of plotting a false flag attack targeting ExxonMobils operations in the oil-rich Essequibo regionan area administered by Guyana but long claimed by Venezuela.
In late 2015, MPLX (i.e., The new MarkWest, aka MPLX, plays on a much larger stage now, including the ownership and operation of major assets in the Permian Basin.
Bus operator RATP Dev London has placed an order with BYD UK and Alexander Dennis Ltd. BYD and ADL – a subsidiary of bus manufacturer NFI – have been partners in transit electrification solutions since 2015. for the U.K.’s s largest-ever electric bus order: 195 single- and double-deck vehicles.
The Polish producer has supplied five articulated electric buses to the city since 2015. Once again the operator TMB opted for Solaris vehicles, having commissioned 14 Urbino […]. Barcelona is one of the first cities to order the 18 m Urbino electric buses.
OFSE sector revenues continued their downward path in the fourth quarter 2015. And with operators adjusting to the lower price outlook, OFSE margins are now also coming under pressure.
million in its fleet of electric school buses with the Quebec company Lion, thus becoming, with a total of 31 vehicles, the largest private operator of electric school buses in North America to date. The entire new fleet will be gradually introduced on the school transport networks operated […].
This article has become a key resource for those structuring oil and gas joint operations (such as farmout transactions) from a business and tax perspective and for those petroleum accountants who are charged with reporting the financial and tax accounting results of such operations.
airports experienced over 300 outages between 2015 and 2022. At PIT, our microgrid ensures uninterrupted power even when the grid is down, Joe Broadwater, who oversees the power plant at PITs microgrid operator Cordia, told the Pittsburgh Business Times. The numbers speak for themselves. Only four had any form of microgrid.
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.
It is also the basin that keeps giving with operators consistently adding locations by testing new zones of the prolific basins stacked pay, said Dittmar. That puts most E&Ps in a good position to maintain operations for the remainder of 2025, although the challenge they face increases if low prices persist into 2026.
On December 7, 2023, the Environmental Protection Agency (EPA) disapproved the state implementation plan (SIP) revisions for the Baton Rouge ozone nonattainment area that Louisiana set forth in response to EPA’s 2015 SIP Call rule. To comply with the 2015 SIP Call rule, Louisiana had proposed revising its SIP by removing LAC 33:III.2201.C.8,
1] Although not limited to Class VI injection wells—which are those wells utilized for the injection and permanent sequestration of carbon dioxide—the proposed ordinance is clearly aimed at prohibiting carbon capture and sequestration operations within the parish. Welsh , 2015-1152 (La. Ordinance No. Tammany Parish Government v.
Prior to January 1, 2015, operators may use flaring to reduce such emissions. It requires that owners or operators of hydraulically fractured and refractured natural gas wells notify EPA by e-mail no later than two days before completion work begins.
Mr. Piet Van Assche will be promoted internally to Chief Operating Officer while maintaining his current role as Managing Director of Hungary. From 2015 to 2024, Mr. Pierce was CEO and Director of TAG Oil Ltd., Mr. Toby Pierce will be joining the Board of CanCambria as a Non-Executive Director.
Years earlier, Sweet Lake sued multiple oil and gas operators, including four BP entities (collectively, “BP”), alleging environmental damage to property caused by exploration and production activities. In May 2015, a jury found BP was responsible for the damage.
04-14-00650-CV, 2015 Tex. The Fourth Court of Appeals confirmed that a strict causation standard applies to claims seeking relief for injuries of any nature allegedly caused by exposure to or migration of toxic substances from oil and gas operations. Marathon Oil Corp , et al., LEXIS 10364 (Oct. Aruba Petroleum Inc., at Law No.
2014-C-2592, 2015 La. 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 , 2015 La. Hayes Fund , 2015 La. Hayes Fund , 2015 La.
Introducing this type of play-based learning in nature during childhood has a long-term effect of increasing participation in pro-environmental behaviors in adulthood, according to a study from 2015 by Louise Chawla of the Environmental Design Program at the University of Colorado Boulder.
In the watershed Corbello [1] decision, the Louisiana Supreme Court affirmed a $33 million award—the cost to restore property valued at $108,000 to its “original condition” after it was damaged by oil and gas operations. 2015-CW-1857 (La. If Corbello pressed the accelerator on “legacy” litigation, Eagle Pipe tapped the brakes.
On August 16th, the Pipeline and Hazardous Materials Safety Administration (“PHMSA”) issued an advisory bulletin to clarify the regulatory requirements that may vary depending on the operational status of a pipeline under 49 C.F.R. Each status invokes a certain procedure for safety and maintenance of the pipelines by the owner or operator.
116-136, enacted modifications to the rules for the use of net operating losses (“ NOLs ”) and corporate alternative minimum tax carryforward credits (“ AMT Carryforward Credits ”) for tax years beginning after December 31, 2017 and before January 1, 2021.
issued by the UK's Financial Conduct Authority ('DTR 4.3A') and in accordance with The Reports on Payments to Governments Regulations 2014 (as amended in 2015) (the 'UK Regulations') and our interpretation of the Industry Guidance on the UK Regulations issued by the International Association of Oil & Gas Producers.
LL&E I held that even without a Corbello -like express contractual provision, defendants who operated unreasonably accrued an implied obligation under the Mineral Code to restore property above and beyond regulatory environmental standards. After the LL&E I decision, the case went to trial in 2015. 12-0884 (La.
14-31046, 2015 U.S. The Louisiana One-Call Statute requires persons planning to “excavate” to give at least forty-eight hours’ notice, allowing operators of nearby underground facilities time to mark their assets. The Plains Pipeline decision is a concerning one for companies that operate submerged or buried pipelines.
Previous Court Ruling In many cases alleging damage to property arising from historic oil and gas operations, the plaintiff was not the owner at the time of the alleged damage, but instead is the subsequent purchaser of the property at issue. In Eagle Pipe and Supply, Inc. Amerada Hess Corp. , 10-2267 (La. 10/25/11), 79 So.
Kachina”) operates a natural gas gathering system, as well as a gas pipeline. Lillis appealed the judgment to the Third Court of Appeals in Austin, which reversed both declarations, and held that the Agreement did not allow Kachina to deduct compression costs, and that the Agreement was not extended until May 2015. emphasis by Court).
It aims to secure production, ensure operational stability, and support future expansions. The Company has also adopted a waste recycling methodology and updated its environmental and health management systems, obtaining valid ISO14001:2015 and ISO45001:2018 certifications until 2027.
As consolidators move to acquire acreage in core shale basins, smaller operators are looking for opportunities in underappreciated basins and fringe areas in core basins. An operator seeking to expand into such an area must deal with higher uncertainty, whether through machine learning or any other forecasting method.
Prior to 2015, BSEE routinely granted applications to decommission pipelines in place pursuant to 30 C.F.R. BSEE’s regulations define “obstructions” as “structures, equipment, or objects that were used in oil, gas, or sulphur operations. Since 2015, BOEM has executed fifty-eight MMP leases for use of 164 million cubic yards of sand.
territorial waters and CBP’s 2020 Notice concerning vessel equipment and crane operations, the result was as expected. The Jones Act applies to activities and operations, such as the installation of a wind farm, in U.S. The Jones Act applies to activities and operations, such as the installation of a wind farm, in U.S.
This news follows reports that, despite all efforts, market participants are facing continued legal and operational challenges in implementing the requisite steps for timely compliance with the new margin regimes. 30, 2015). [6] Prudential Regulator and ESA Regulatory Guidance The Prudential Regulators, which regulate many U.S.
19, 2015), Anadarko leased the mineral estate under the Chaparral Wildlife Management Area (CWMA), and entered into a Surface Use and Subsurface Easement Agreement (Agreement) with the adjacent surface estate owners. It is common for operators to drill multiple horizontal wells from one drill pad. In Lightning Oil Co. Lexis 8673 (Aug.
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