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Last year, the Permian Basin Petroleum Association created a set of recommended practices to combat oilfield crime, incorporating physical, cyber, and operational security measures. Operators must do their part to monitor and make reports of illicit activities on their locations,” he emphasized. “As
Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. The EPA estimates that there are over 3 million known abandoned and orphaned oil and gas wells (AOOG wells) in the United States. Well Eligibility. Additionality.
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.
On August 16th, the Pipeline and Hazardous Materials Safety Administration (“PHMSA”) issued an advisory bulletin to clarify the regulatory requirements that may vary depending on the operational status of a pipeline under 49 C.F.R. Each status invokes a certain procedure for safety and maintenance of the pipelines by the owner or operator.
million dollars in emergency costs from prior operators of an orphaned well. The Court held that, when the LDNR spends monies from the Oilfield Site Restoration Fund on emergencies, it can only recoup those costs from the well’s operator of record and its working interest owners. who last operated the property. 4/6/22), –So.
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.
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.
This program allows for carbon capture and sequestration project operators that operate outside of California to receive state income tax credits if they are engaged in direct air capture or sales of low carbon transportation fuel within the state of California.
In Cannisnia Plantation , the Louisiana Second Circuit faced the issue of whether a mineral servitude owner conducted good faith operations sufficient to interrupt the prescription of non-use of a mineral servitude. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006.
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.
Coupled with the recent decline in oil and gas prices, many operators are left scrambling in an attempt to navigate unprecedented circumstances. With shutdowns and stay-at-home orders in place and regulatory deadlines looming, Louisiana operators are looking for guidance from regulators on how to proceed.
Earlier this month, Gulf Coast Sequestration (“GCS”), a limited liability company based in Lake Charles, announced its plans to build and operate a carbon capture and sequestration (“CCS”) project that will create a repository 10,000 feet underground for the permanent storage of more than 80 million tons of carbon.
Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.
BSEE’s 2024 decommissioning rule would update 30 C.F.R. The Notice of Proposed Rulemaking is scheduled to be published in December 2024, with public comments expected to close in February 2025.
2] New Mexico’s 2021 Legislative Session will consider a bill that would significantly change how the state regulates oil and gas operations. Nathan Johnson, respectively, directs the state to create tougher standards for tanks in areas prone to flooding, hurricanes, and similar weather events. [2] Pre-filed and introduced by State Sen.
Earlier this month, Gulf Coast Sequestration (“GCS”), a limited liability company based in Lake Charles, announced its plans to build and operate a carbon capture and sequestration (“CCS”) project that will create a repository 10,000 feet underground for the permanent storage of more than 80 million tons of carbon.
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., 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? Carrizo Oil & Gas, Inc. [3]
DRD then operated the MEL OLIVER under a time charter to ACL. 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. 2701(32)(A). [2] 2] United States v. 16-31150, p.
Decommis sioning liability for predecessors: Current regulations – All lessees and owners of operating rights are jointly and severally liable for meeting decommissioning obligations. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.
New Mexico’s 2021 Legislative Session will consider a bill that would significantly change how the state regulates oil and gas operations. Nathan Johnson, respectively, directs the state to create tougher standards for tanks in areas prone to flooding, hurricanes, and similar weather events. [2]. Pre-filed and introduced by State Sen.
Actions under strategy 9 center around drafting new legislation to increase the plugging of abandoned and orphaned wells. Carbon capture can use a variety of techniques to remove emissions from industrial and power production operations post-combustion. Noteworthy actions include: ACTION 5.6 Noteworthy actions include: ACTION 5.6
This is an extraordinary victory for the thousands of parents who have advocated for more choices when it comes to the education of their children, Abbott stated. 2, educational choice will soon be the law of the land in Texas, Patrick declared. Following the Texas Senates acceptance of House amendments to S.B.
The closing hours of the 57th Session of the New Mexico Legislature found oil and gas advocates engaging in an intense effort to protect the industry from proposals that would have increased regulations and costs for operators, many with little to no benefit to the people or environment of New Mexico, let alone the industry.
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