Iraq Business News: Oil & Gas

MAY 8, 2025

Our entry into Block 54 in Oman is expected to complete in the coming weeks, with first substantial work programme activity commencing around the end of the year. "We

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Energy Energy Exploration and Production Pipeline 97

Permian Basin Oil and Gas Magazine

MAY 12, 2025

This report will address some legal issues, a current CCUS project near Odessa, new technology to economically repurpose abandoned wells and formations, and a digital approach to unitizing and managing CCUS data, also with streamlining in mind. That being so, as Jones noted, it frequently has already beenplugged and abandoned.

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Casing Abandonment Oil Basin 59

The Energy Law

MAY 1, 2017

If a Notice of Contract has not been filed, subcontractors and suppliers have a sixty-day period to file a lien, which begins running on the date of substantial completion, the owner’s abandonment of the work, or the filing of a Notice of Termination.

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Abandonment E&A Completion IT 40

Marcellus Shale Coalition

FEBRUARY 18, 2025

From funding flood mitigation projects, rehabbing our recreational trails, plugging abandoned wells and restoring watersheds, these are projects that will enhance our community and economy while improving the quality of life for Pennsylvanians. What Theyre Saying Senator Anthony H. Struzzi said.

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Natural Gas Gas Completion Finance 81

The Energy Law

JULY 20, 2018

and (2) Does the contract provide or do the parties expect that a vessel will play a substantial role in the completion of the contract? Recently, the court applied Doiron in the context of a contract to plug and abandon a series of offshore wells in Crescent Energy Services, L.L.C., Carrizo Oil & Gas, Inc. [3]

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E&P IT Spud-in Exploration and Production 40

The Energy Law

OCTOBER 26, 2020

Once completed, the GCS facility is expected to be the largest CCS project in the United States and one of the largest in the world, according to its press release. The next step for GCS will be to obtain a Class VI Underground Injection Control (“UIC”) permit from the U.S.

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Underground Injection Control Operator E&A Abandonment 52

Marcellus Shale Coalition

FEBRUARY 18, 2025

From funding flood mitigation projects, rehabbing our recreational trails, plugging abandoned wells and restoring watersheds, these are projects that will enhance our community and economy while improving the quality of life for Pennsylvanians. What Theyre Saying Senator Anthony H. Struzzi said.

Natural Gas 52

Natural Gas Gas Completion Finance 52

Rextag

JANUARY 21, 2025

oil production, is advancing in maturity, requiring operators to refine drilling and completion techniques. THE END OF "DRILL, BABY, DRILL": A SHIFT TOWARD DISCIPLINE The industry has largely abandoned the "drill, baby, drill" mentality, favoring a disciplined approach to capital allocation.

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IT Gas Oil BBL 40

The Energy Law

JUNE 23, 2008

Despite the plaintiff’s cooperation, defendants abandoned their plans to effectuate such an agreement and decided to conduct a document by document privilege review. Acknowledging the risk of inadvertent disclosure typically associated with large document productions, defendants initially sought the court’s approval of a “clawback agreement.”

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Electronics Electronics Abandonment Completion 40

The Energy Law

NOVEMBER 10, 2017

At the time of the collision, the MEL OLIVER, which was pushing ACL’s barge DM-932 fully laden with oil, was operating without a captain who had effectively abandoned the vessel several days earlier. ACL appealed, arguing two things: (1) it was entitled to a complete defense to OPA ’90 liability under 33 U.S.C. 2703(a) 33 U.S.C.

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Oil Casing Operator Completion 40

The Energy Law

APRIL 30, 2020

The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. He pointed to owners having a cement truck waiting to fill the well as soon as drilling was completed as objective evidence of such an intent. A well was spud on March 28, 2006.

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Operator Dry Hole Spud-in Abandonment 40

The Energy Law

OCTOBER 26, 2020

Once completed, the GCS facility is expected to be the largest CCS project in the United States and one of the largest in the world, according to its press release. The next step for GCS will be to obtain a Class VI Underground Injection Control (“UIC”) permit from the U.S.

Underground Injection Control 40

Underground Injection Control Operator E&A Abandonment 40

The Energy Law

OCTOBER 15, 2020

A prior lessee could be held liable for decommissioning a hurricane-toppled platform years after its exit and completion of all lease decommissioning obligations. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

Pipeline 52

Pipeline Operator Abandonment Insurance 52

The Energy Law

OCTOBER 15, 2020

A prior lessee could be held liable for decommissioning a hurricane-toppled platform years after its exit and completion of all lease decommissioning obligations. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

Pipeline 40

Pipeline Operator Exploration and Production Abandonment 40

Permian Basin Oil and Gas Magazine

MARCH 27, 2025

How Abandoned Wells Hurt the Oil and Gas Industrys Image One of the most visible and negative images involves plugged wells that are leaking and flowing. A recent SMU study revealed a connection between rising pressures in saltwater disposal (SWD) injection formations and leaks/releases in abandoned wells. As of 2022, the U.S.

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Abandonment Temporarily Abandoned Casing Exploration and Production 59

Drillers

APRIL 30, 2020

We thrive in environments that we completely understand and are familiar with. Temporary oil glut aside, if we were to abandon wells and shut them in, stop producing once most of the CapEx has been committed, where would we be in five to ten years? Change can happen so slowly that we only see it in hindsight and call it evolution.

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Abandonment Hydraulic Fracturing Engineering Engineer 52

Energy Outlook Advisors

MAY 14, 2025

The Arab Gulf states resorted to a different type of control: sharing and buying until they got complete control instead of outright nationalization. Strangely enough, the US abandoned the costly price controls, and liberalized energy markets in the early 1980s. Welcome to OPEC!

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Exploration and Production Management Oil Government 152

McKinsey

JUNE 11, 2025

Similarly, opening an account at a credit union can be a frustrating experience, sometimes requiring members to click through twice as many web pages and endure much longer cycle times to complete the process compared with best-in-class banks. Talent gaps also contribute to the slow pace of change.

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Exploration and Production Completion Field Abandonment 114

Crude Oil Futures

MAY 12, 2025

In the wake of the latest round of talks between the two archfoes, two prominent US senators have explicitly made their position clear by saying that the Republican-dominant Senate would never approve of a deal without Iran abandoning the nuclear proliferation completely.

Oil 59

Oil Gas Crude Oil Abandonment 59

Crude Oil Futures

APRIL 16, 2025

However, Iran views any demand to abandon enrichment beyond this permissible level and to restrict it to a specific site, as stipulated by the now-defunct 2015 Joint Comprehensive Plan of Action (JCPOA), as a red line. However, he clarified his position a day later, asserting that Iran must completely cease uranium enrichment.

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Abandonment Completion Sustainable Sustainability 40