Oil & Gas 360º
JULY 31, 2025
Their technology is faster and more cost-effective than traditional plug-and-abandonment. Renewell Energy “Oil Wells that End Well” captures Renewell Energy’s vision to transform idle oil wells into gravity-based energy storage systems with Renewell’s patented “Gravity Well” technology.
The Energy Law
AUGUST 1, 2007
By Dana Douglas The Louisiana First Circuit Court of Appeal recently held that an operator is not responsible for payment of a non-operator’s royalties and overriding royalties before payout. 6/8/07), the operator completed a well that was plugged and abandoned without reaching payout. In Gulf Explorer, LLC v.
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The Energy Law
FEBRUARY 19, 2008
15, 2008), the Texas Supreme Court again addressed the propriety of class actions for gas royalty claims. The class affirmed the denial of two subclasses, but reversed the denial of a third subclass of royalty claimaints. Phillips Petroleum Co. , 03-0824 (Feb. Thus, under its Yzaguirre holding, class treatment was inappropriate.
The Energy Law
AUGUST 27, 2007
By Joe Giarrusso: In Louisiana, a lawsuit is generally deemed abandoned when the parties fail to take any step in its prosecution for three years. This rule is operative without any formal order.
The Energy Law
JANUARY 4, 2007
In the Supreme Court of Texas) Emerald, a subsequent lessee of Exxon, sued Exxon for wrongful conduct “in the development and abandonment of oil and gas wells in the Mary Ellen O’Connor Field.” Emerald’s remaining claims were tried with those of the royalty owners (see next section). Corpus Christi Jan. 27, 2005, pet.
Valor
FEBRUARY 24, 2025
Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 Meanwhile, global supply concerns persist as the U.S. GW capacity. The EIA forecasts U.S.
Permian Basin Oil and Gas Magazine
APRIL 1, 2025
23 Oil & Gas Royalty Rate Changes (Sen. 23, which establishes a royalty range of 20 percent to 25 percent for State Land Office (SLO) leases in the Permian Basin, also includes a provision aimed at protecting existing leases, Robertson explained. 21 Pollutant Discharge Elimination System Act (Sen. Susan Herrera) H.B.
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