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Processor Required to Account For Diverted Volumes Used for Gas Lift

The Energy Law

In a recent case, the Louisiana Fourth Circuit Court of Appeal held that processors must also account for gas volume diverted to gas lift operations. Generally, oil and gas production facilities have accounted for volume losses under the concept of “Fuel, Flare & Losses.” In Red Willow Offshore, LLC v.

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Oil rises 1% but trades at multi-year lows as China braces for US trade war

Oil & Gas 360º

“The scenario has presented a case for a global recession, where fears of energy demand declining have emerged,” said Alex Hodes, director of market strategy at financial services firm StoneX, in a note on Tuesday. A preliminary Reuters poll showed on Monday that U.S.

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