This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Russia is to restart its key oil and gas operations in the semi-autonomous Kurdistan Region of Iraq (KRI) according to recent comments from its Energy Minister Sergei Tsivilev.
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 actual deadline, however, was May 21, 2017. MRC Permian Company , — S.W.3d 21-0461, 2023 WL 3028100 (Tex.
The condensate produced is used in refineries, petrochemical plants, or as diluent, and requires stabilization before transport — usually handled at facilities operated by MPLX (Cadiz), Williams (Scio), or Ergon Inc. per share, payable October 31, 2025. CPP manages net assets of $26.4
Aethon Energy Operating, L.L.C. , 11, 2022), provides further guidance on what must be contained in correspondence from parties making demand on an operator under La. 30:9(B) in which Aethon Energy Operating, L.L.C. Aethon”) was the designated operator. Kelly Land Company, L.L.C. 4th 369 (5th Cir. Kelly Land Co.,
While 2024 saw a dip to 6,054 wells , 2025 year-to-date (YTD) already shows 2,040 wells drilled signaling that operators remain committed to a consistent, measured pace. Oil & Gas Account Directory Saskatchewan Light Oil Operator List Western Canada Heavy Oil Operator List St.
Bedrock Production LLC has officially assumed operational control of the Winston E1 Site in Parker County, Texas, following a permit transfer from EnerVest Operating LLC. The company emphasizes a disciplined, data-driven approach to operations, aiming to maximize value for every well while maintaining cost efficiency.
(World Oil) – GeoPark Limited, an independent oil and gas company with over 20 years of successful operations across Latin America, announces the appointment of Felipe Bayon as its new Chief Executive Officer and a member of the Board of Directors, effective June 1, 2025. in partnership with Oxy a project that grew from 0 to ca.
In this role, Mr. Vaughan will lead the operations and execution team for the Companys flagship Kiskunhalas project in Southern Hungary. With over 40 years of international experience in the oil and gas sector, Mr. Vaughan brings a proven track record of operational excellence across the full lifecycle of well design and execution.
Part 1 of the article appears in the 2017 Spring, volume 36, no. 1 edition, while part 2 will follow in the 2017 Summer edition. Click here to view the article as prepared for the RMMLF Institute.
One lesson to learn from Russia’s attack on Ukraine’s power infrastructure is that electricity coming almost exclusively from a national operator over the grid can prove to be the Achilles’ heel for a country.
The microliner will have a dual flight deck and can be operated by a single pilot. The plane itself will run on a single propeller, but with multi-engine support of two mechanically and electrically segregated motors. And unlike some in the sphere, Vaeridion's solution would be 100% electric. (S The idea has solid wings - no pun intended.
This paradigm directly addresses the challenges of traditional anomaly detection methods and helps proactively resolve issues before they escalate, reducing downtime and significantly improving operational efficiency. Analyze Data: - Compare the sensor readings against the motor's specified operating parameters. Δ Locked Rotor Cur. –
Its robust simulation and modeling capabilities allow grid operators and utilities to accelerate some of the more time-consuming aspects of interconnection studies, reducing engineering analysis time by up to 200 times. larger capacities and were nine times more likely to reach operation. power while their projects averaged 50.5%
ExxonMobil has reached a major milestone: 1,000 horizontal wells drilled in the New Mexico portion of the Delaware Basin just seven years after the first spud in 2017. Longer Laterals : Successful four-mile laterals at Poker Lake , reducing surface land disturbance and operational footprint.
million in common shares of Tourmaline Taken together, the disposed assets generated $149 million of operating earnings in 2024 (12% of total Strathcona YE 2024 operating earnings, excluding interest and other corporate items) and had a YE 2024 proved PV-10 before-tax of approximately $2.3 Tourmaline) for $291.5
Here is a summary of some of the energy assets and companies affected: SAKHALIN-1 OIL AND GAS PROJECT Exxon MobilCorp (NYSE: XOM ) held a 30% operator stake in Sakhalin-1, which is a project to develop oil and gas off the coast of Sakhalin Island. Russian company Rosneft, Indias ONGC Videsh and Japans SODECO were partners. OMV paid 1.75
(Oil Price) –Back in 2017, oil production in the Permian stood at 2.2 This raises the question of whats next for the big operators in the top shale play in North America. million barrels daily. Today, the Permian is producing over 6 million barrels daily, accounting for nearly half of the U.S.
That $62 per barrel break-even price in Midland is up from $46 in 2017. Operating costs are not yet high enough to threaten existing wells, plenty of which are profitable at current prices. Thats enough to cover operational risk, service debt and pay dividends. Problem is, the best spots are running out.
Pexaparks data is informed by more than 1,000 monthly pricing data points collected from utilities, trading houses and corporates operating within the renewable energy market. Founded in 2017 by seasoned energy traders, Pexapark has become a go-to authority in renewable energy markets.
Another significant issue that will have to be addressed is the liability of operators and lessees or rights holders for potential leaks from offshore CCS projects. Interior is currently conducting ongoing research on various technical and operational issues associated with offshore CCS.
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. Bradford and J.
Prudential Regulators [1] and the European Supervisory Authorities (“ ESAs ”) [2] have offered limited relief from or guidance for relaxed enforcement of variation margin requirements for non-cleared swaps that take effect March 1, 2017. Prudential Regulator and ESA Regulatory Guidance The Prudential Regulators, which regulate many U.S.
IMC) as the “vessel-operating common carrier.” Vessel-operating common carrier’s duty to indemnify non-vessel operating common carrier On the issue of IMC’s duty to indemnify Freightplus for damages arising out of its negligence, the court began by noting that maritime tort indemnification is available in a very limited set of circumstances.
You dont keep promises Operations managers frequently tell employees, If you work hard, youll get promoted. For example Audi saved $133 Million in 2017 due to taking employee suggestions at their plants in Ingolstadt and Neckarsulm. Then, after writing, and only after writing, make your announcement to employees.
The Parish of Plaquemines amended its petitions in two of the Coastal Zone Management Act (“CZMA”) cases on June 19, 2017. Rozel Operating Co., In response to the Court’s Judgments, Plaquemines Parish filed amended petitions for damages on June 19, 2017 in both Rozel and Equitable. and The Parish of Plaquemines v.
Mr. Piet Van Assche will be promoted internally to Chief Operating Officer while maintaining his current role as Managing Director of Hungary. Paul Clarke will be promoted internally to the role of Chief Executive Officer and President from his current role of Vice President of Exploration.
On October 18, 2017, the Court of Appeal, Third Circuit, issued an opinion that discards the mandate of this final step, affirming the trial court’s refusal to adopt DNR’s most feasible plan, even though, indisputably, there was no evidence in the record that another plan was more feasible.
Rozel Operating Company, et al. The first five Plaquemines Parish Coastal Zone Management Act (“CZMA”) cases to be set for trial have been chosen. The Plaintiffs selected Parish of Plaquemines v. Parish of Plaquemines v. ConocoPhillips Company, et al. , and Parish of Plaquemines v. Hilcorp Energy Company, et al.
On March 24, 2017, the Louisiana Supreme Court declined to consider the Louisiana Third Circuit Court of Appeal’s decision in XXI Oil & Gas v. that may be imposed against a unit operator, who fails to provide sufficient well cost reports. [2] 6] As to penalties, if an operator fails to provide adequate reporting under La.
A July 3, 2017 ruling from the 17th Judicial District establishes that a mineral servitude owner’s obligation under Mineral Code article 22 “to restore the surface to its original condition” means the condition of the property at the creation of the servitude—and not the property’s pristine, pre-operation condition.
The SEC published a National Exam Program Risk Alert describing the results of cybersecurity exams of 75 broker-dealers and investment advisors on August 7, 2017. With regard to security patches, your cybersecurity policies and procedures should address this issue.
However, the existing authority recognizes that even if an operator fails to comply with such reporting requirements, an unleased owner must provide sufficient notice under La. The Plaintiff sued the operator of the Unit Well claiming entitlement to the forfeiture penalty under La. J-W Operating Co. [2] 30:103.1.’”
However, the existing authority recognizes that even if an operator fails to comply with such reporting requirements, an unleased owner must provide sufficient notice under La. The Plaintiff sued the operator of the Unit Well claiming entitlement to the forfeiture penalty under La. J-W Operating Co. [2] 30:103.1.’”.
million cruise passengers in 2017. Smith, gave an Interesting Speech OMSA is the national trade organization based in Louisiana for offshore service and supply vessel operators. The Port set a new record, topping 1.1 Mr. Smith discussed the Jones Act and its importance to their industry.
On April 4, 2017 , a federal district court dismissed a citizen-enforcement action under the Resource Conservation and Recovery Act that could have profound impact on fracking suits against the oil and gas industry. Defendants Chesapeake Operating, LLC, Devon Energy Production Co., In Sierra Club v.
The Khor Mor plant operated by the companies provides the fuel for around 75% of the KRI's electricity generation, enabling affordable power for more than 6 million Iraqis in the KRI and other governorates of Iraq. billion, the operations have created more than 20,000 direct and indirect jobs in the region.
The acid gas removal unit was installed by the owner of the methanol plant and placed in service on January 1, 2017, from which time the separated carbon dioxide was released into the atmosphere.
Today, it operates a bakery and sells meat and eggs as well as fresh seasonal produce at about 14 farmers markets per week. In the pandemic and beyond The Easton Farmers Market started 273 years ago, making it the oldest continuously operating farmers market in the country.
The company says its strong relationship with NOC, going back to 2017, was a key factor in retaining the contract, along with its record of past performance, knowledge of NOCs assets and availability of resource within the country. The field is operated by North Oil Company, a joint venture between QatarEnergy (70%) and TotalEnergies (30%).
However, the existing authority recognizes that even if an operator fails to comply with such reporting requirements, an unleased owner must provide sufficient notice under La. The Plaintiff sued the operator of the Unit Well claiming entitlement to the forfeiture penalty under La. J-W Operating Co. [2] 30:103.1.’”.
[T]he opinion will have a most chilling effect on the financing of oil and gas operations, which in turn will have an adverse economic effect on government and business in our state. The defendants will have until September 7, 2017 to seek a writ from the Louisiana Supreme Court. Chief Judge Henry Brown, Jr.,
Boiling operations down to the number of steps required for every service line that create an environment of 99.5 Halliburtons people and operations impressed him deeply. Macondo and Later After Baroid, Miller ran Gulf of Mexico operations for Halliburton for a year, which coincided with the Macondo/Deepwater Horizon episode.
Currently, most utilities across the United States are operating AMI 1.0. However, there are companies out there, such as Future Grid, that provide software that can extract all of these data points and provide insights that could impact your operations. What can I get out of an upgrade to AMI 2.0? How does Ubiiks solution work?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content