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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

The carbon credit market continues to evolve as oil and gas companies face increasingly stringent regulations to reduce greenhouse gas emissions. Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. million vehicles per year.

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Repsol Taps Halliburton to Support UK North Sea Operations

Rigzone

“The company will deliver a rigless intervention framework that enables Repsol Resources UK to optimize well construction, production, and intervention to maximize plug and abandonment operations”, Halliburton added. The contract also covers decommissioning. The contract also covers decommissioning.

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Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

The Report concluded that the Bureau of Safety and Environmental Enforcement (“BSEE”) lacks a robust oversight process (1) for ensuring the integrity of active offshore oil and gas pipelines and (2) to address the environmental risks posed by decommissioning and abandoning pipelines on the seafloor.

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Federal Agency Recommends Updated Regulations for Pipeline Monitoring, Decommissioning, and Abandonment

The Energy Law

The Report concluded that the Bureau of Safety and Environmental Enforcement (“BSEE”) lacks a robust oversight process (1) for ensuring the integrity of active offshore oil and gas pipelines and (2) to address the environmental risks posed by decommissioning and abandoning pipelines on the seafloor.

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Solar Leasing in Louisiana: Act 301 and Decommissioning Requirements

The Energy Law

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. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.

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New Amendment to Louisiana’s Geologic Sequestration of Carbon Dioxide Act Creates Expropriation Rights to Prohibit Drilling through Carbon Capture Storage Reservoirs in Caldwell Parish

The Energy Law

In response to various pressures on the energy industry to reduce the environmental impact associated with excess carbon dioxide emissions, many energy companies are investigating carbon capture and sequestration projects as a means of reducing their carbon emissions. 30:1108(A)(1). [2] 30:1108(B). [3] 3] Act 163 of 2022. [4]

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Solar Leasing in Louisiana: Act 301 and Decommissioning Requirements

The Energy Law

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. Solar development is largely in its infancy in Louisiana, with only a handful of projects having been constructed to date.