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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. announced a deal to consolidate their UK North Sea assets.

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FIFTH CIRCUIT BEGINS TO CLEAN UP ITS JURISPRUDENCE ON HOW TO DETERMINE WHETHER A CONTRACT IS (OR IS NOT) MARITIME

The Energy Law

Gulf Oil Corp. , [1] for determining whether a contract to perform services related to oil & gas exploration on navigable waters is maritime, the Fifth Circuit took up In re Larry Doiron, Incorporated [2] earlier this year in an effort to streamline the test and bring clarity to an area of the law mired in uncertainty.

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Department of Interior Proposes New Financial Assurance and Decommissioning Regulations

The Energy Law

The net present value of proved reserves on the lease is less than or equal to three times the cost of the BSEE decommissioning estimate associated with production of those reserves; Or. Proposed Regulations – The proposed regulations would make several changes with respect to these abandonment accounts.

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US oil producers face new challenges as top oilfield flags

Oil & Gas 360º

oil producers are grappling with geological limits to production growth as the countrys top oilfield ages and produces more water and gas and less oil and may be nearing peak output. will see peak production, and after that some decline, Occidental CEO Vicki Hollub said earlier this month at an industry conference in Houston.

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