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A Key Resource For Structuring Oil & Gas Joint Operations

The Energy Law

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.

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

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

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The heart of the US oil boom is slowing

Oil & Gas 360º

The 1901 Spindletop gusher in Texas jumpstarted the petroleum age, crashing oil prices. 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. Problem is, the best spots are running out.

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The Permian is not done yet

Oil & Gas 360º

(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. Of these 18, a handful are the really big players, including Exxon, Chevron, Occidental Petroleum, Diamondback Energy, and EOG. million barrels daily.

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Dana Gas Increases Investment in Kurdistan Fields

Iraq Business News: Oil & Gas

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.

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Plaintiffs and Defendants Jointly Choose First Cases for Trial in Plaquemines Parish Coastal Zone Management Act Litigation

The Energy Law

Rozel Operating Company, et al. Equitable Petroleum Corporation, 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.

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Plaquemines Parish Amends Petition for Damages In Coastal Zone Management Act Litigation

The Energy Law

The Parish of Plaquemines amended its petitions in two of the Coastal Zone Management Act (“CZMA”) cases on June 19, 2017. Rozel Operating Co., Equitable Petroleum Corporation, et al. In response to the Court’s Judgments, Plaquemines Parish filed amended petitions for damages on June 19, 2017 in both Rozel and Equitable.