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Oil Rigs Down, Gas Rigs Up – Weekly Drilling Snapshot – Baker Hughes

Oil Gas Leads

According to the latest Baker Hughes report, the total number of active rigs fell by 4 to 559, the lowest level since November 2021. Capex trends : E&Ps to cut spending 3% in 2025 vs. 2024 2024: Flat spending 2023: +27%, 2022: +40%, 2021: +4% Crude Output Forecast (EIA) : 2024: 13.2 Here is a summary of the U.S.

Gas 52
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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

On June 30, 2021, the Louisiana Supreme Court issued an opinion redefining the nature of available damages and the “actual, statutorily permitted role of the jury in Act 312 remediation lawsuits.” 6/30/2021); — So. 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . LL&E II , at *2.

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Survey of Proposed Legislation Across the States Affecting the Energy Industry in 2021

The Energy Law

Several pieces of energy-industry legislation are teed up for debate as state legislatures reconvene for their first sessions of 2021. The Texas Legislature convened for its 2021 session earlier this month with several issues on the agenda. HB 896 and HB 897 , sponsored by state Rep. Pre-filed and introduced by State Sen.

Energy 52
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PRI exige revisión urgente de Gas Bienestar

Oil & Gas Magazine

Gas Bienestar, creado en 2021 por el entonces presidente Andrés Manuel López Obrador, ha generado pérdidas continuas desde su inicio. Madero que provocó la muerte de una mujer, y acusaron al programa de distorsionar el mercado mediante hostigamiento regulatorio a distribuidores privados , bloqueos logísticos e inspecciones arbitrarias.

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Covid-Related EEOC Charges on the Rise

The Energy Law

Equal Employment Opportunity Commission has received roughly 6,225 Covid-related charges of discrimination under federal civil rights laws” and “more than 2,700 vaccine-related charges, most of which were in 2021 when vaccine requirements were introduced.” Communications include firm news, insights, and events.

E&A 98
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Solar Leasing in Louisiana: Act 301 and Decommissioning Requirements

The Energy Law

301 (formerly Senate Bill 185), which was signed by Governor Edwards on June 14, 2021 and will become effective on August 1, 2021. As the number of solar projects continues to grow in Louisiana, a chief concern among Louisiana taxpayers is ensuring that these projects are properly decommissioning upon their abandonment.

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México puede ser clave en industria global del gas natural licuado 

Oil & Gas Magazine

Por otro lado, adems de lo econmico, tiene implicaciones ambientales (por ejemplo, contribuye a que se use menos carbn que es mucho ms contaminante que el gas natural en pases asiticos); y polticas (dota de opciones a pases europeos que hoy lo compran a Rusia, con una participacin de 40% en las importaciones de ese combustible en 2021).

Gas 101