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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.
The Infrastructure Investment and Jobs Act (IIJA), signed into law on November 15, 2021, amended Section 40307 of the Outer Continental Shelfs Act (OCSLA) to provide authority to the U.S. The Council on Environmental Quality (CEQ) issued a “ Report to Congress on Carbon Capture, Utilization, and Sequestration ” in June of 2021.
On June 29, 2021, the United States Supreme Court, in a 5-4 vote, held that a natural gas company’s right to condemn property for a pipeline under the Natural Gas Act includes the right to condemn state-owned property. In PennEast Pipeline Co. In January 2018, FERC granted PennEast’s request.
Following through with President Biden’s campaign promise to halt oil and gas drilling on federal lands, on January 20, 2021, the Acting Secretary of the U.S. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
May 19, 2025 As the U.S. oil and gas sector continues to navigate price volatility and capital discipline, the latest Baker Hughes rig count highlights a steady decline in drilling activity even as production forecasts remain bullish. Operators are leaning on efficiency gains and strategic capital deployment to sustain output with fewer rigs.
The first two meetings were held on June 15, 2021 , and February 2, 2022 , respectively. The scope of the draft EA includes the entire 30-million-acre Call Area, as it is a programmatic assessment and may be used for more than 1 lease sale. According to Ms. During her presentation, Ms.
The substation’s maiden voyage marks a major milestone in the development of Jones Act compliant offshore wind vessels necessary to bring the large amount of federal utility-scale projects in the pipeline to fruition. back in 2021. back in 2021. On May 25, 2023, the Nation’s first U.S.-built the largest U.S. the largest U.S.
Section 34 of this act requires pipeline and infrastructure data to be reported. Essentially, this is the kit which sits on the seabed, undersea and at surface – be it pipelines, cables, SSIVs, platforms. Since late 2021, the data previously provided in tabular format now has to be submitted in a spatial format.
Section 34 of this act requires pipeline and infrastructure data to be reported. Essentially, this is the kit which sits on the seabed, undersea and at surface – be it pipelines, cables, SSIVs, platforms. Since late 2021, the data previously provided in tabular format now has to be submitted in a spatial format.
Dual Drive Technologies has garnered numerous industry accolades over the years, including the Gulf Energy Information Excellence Award for Innovation in Pipeline Engineering Midstream in 2023; the D CEO Magazine Award for Excellence in Innovation and Sustainability in 2022; and the GPA Midstream Environmental Excellence Award in 2021.
Following through with President Biden’s campaign promise to halt oil and gas drilling on federal lands, on January 20, 2021, the Acting Secretary of the U.S. Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry.
Leading producers include: EOG Resources SM Energy Magnolia Oil & Gas Lewis Energy Group Crescent Energy Kimmeridge Texas Gas (KTG) GeoSouthern Energy II New entrants like Black Mountain Oil & Gas , Rosewood Resources , and Mitsui E&P USA have also joined the play, according to Texas Railroad Commission (RRC) filings.
Pioneer produces natural gas in the Permian Basin as a byproduct of its crude oil extraction operations and sends it to Targa Pipeline Mid-Continent WestTex ("Targa") for processing. In February 2021, during Winter Storm Uri, Pioneer failed to deliver the contracted amounts of gas from February 14 to 19. Pioneer Nat.
Leading producers include: EOG Resources SM Energy Magnolia Oil & Gas Lewis Energy Group Crescent Energy Kimmeridge Texas Gas (KTG) GeoSouthern Energy II New entrants like Black Mountain Oil & Gas , Rosewood Resources , and Mitsui E&P USA have also joined the play, according to Texas Railroad Commission (RRC) filings.
TMR Exploration, Inc , 2021 WL 267916, the First Circuit affirmed a district court ruling on summary judgment applying the good faith purchaser defense provision set forth in La. A recent decision from the Louisiana First Circuit Court of Appeal may have lasting effects on good faith purchasers of oil.
The Task Force released a first draft of the report in the spring of 2021. Governor Edwards’ Climate Initiatives Task Force, charged with making recommendations to reduce greenhouse gas emissions originating in Louisiana, recently took another step towards that goal. The period for public comment ends on October 8 th.
TMR Exploration, Inc , 2021 WL 267916, the First Circuit affirmed a district court ruling on summary judgment applying the good faith purchaser defense provision set forth in La. A recent decision from the Louisiana First Circuit Court of Appeal may have lasting effects on good faith purchasers of oil.
The claim will be based on President Biden’s January 2021 revocation of TC Energy’s Keystone XL Pipeline permit. According to TC Energy’s July 2, 2021 news release , it filed a notice of intent seeking $15 billion in damages. A full history of the Keystone XL Pipeline saga is provided in a previous post.
A Regulatory Increase to the Limits of Liability for Oil Pollution and an Amendment Exempting Small Passenger Vessels from the Limitation of Liability Act Present New Challenges for Vessel Owners U.S. First, the Coast Guard announced [1] increases to the liability limits in the Oil Pollution Act of 1990 (“OPA”). [2]
Last week, the Louisiana Governor’s Office hosted Louisiana Wind Week 2021 to assess Louisiana’s future in offshore wind energy development. Louisiana Wind Week 2021 highlighted many of the technical, legal, and socioeconomic issues that state and federal agencies will face in the coming years.
Last week, the Louisiana Governor’s Office hosted Louisiana Wind Week 2021 to assess Louisiana’s future in offshore wind energy development. Louisiana Wind Week 2021 highlighted many of the technical, legal, and socioeconomic issues that state and federal agencies will face in the coming years.
Chevron Pipelines Company , et al., 5/25/21), 2021 WL 2102932, —So. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. In Lexington Land Development, L.L.C. 2020-0622 (La. In this case, Lexington Land sued Chevron U.S.A., 10/19/10), 48 So.
Chevron Pipelines Company , et al., 5/25/21), 2021 WL 2102932, —So. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. In Lexington Land Development, L.L.C. 2020-0622 (La. In this case, Lexington Land sued Chevron U.S.A., 10/19/10), 48 So.
Chevron Pipelines Company , et al., 5/25/21), 2021 WL 2102932, —So. Although Lexington Land had these assessments in 2005, it did not file suit until December 2007 following a pipeline rupture on the property. In Lexington Land Development, L.L.C. 2020-0622 (La. In this case, Lexington Land sued Chevron U.S.A., 10/19/10), 48 So.
Section 6 of the Order revoked TransCanada Keystone Pipeline, L.P.’s s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada Critical to the success of this project is TC’s attainment of a Presidential Permit allowing the company to construct a pipeline that crosses the border between the U.S.
Section 6 of the Order revoked TransCanada Keystone Pipeline, L.P.’s s March 2019 permit to construct and operate cross-border pipeline facilities at the U.S.-Canada The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S
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