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from Repsol E&P S.a.r.l. Last month MedcoEnergi signed a gas swap agreement through its subsidiaries, Medco E&P Natuna Ltd. part of the West Natuna Group Supply Group) and Medco E&P Grissik Ltd. Additionally, Medco E&P Natuna Ltd., from the South Sumatra Sellers).
“Repsol contributes operational capabilities on production, development, and decommissioning activities which will be combined with NEO Energy expertise on financial and commercial matters”, said Repsol chief executive for exploration (E&P) and production Francisco Gea. The contract also covers decommissioning.
Its royalty-focused, asset-light model stands out versus traditional E&Ps like Diamondback, offering high efficiency and lower risk. Viper Energy (VNOM) presents a compelling case for investors seeking exposure to the energy sector through a mineral rights business model. It was finally signed in January 2025 and will complete in Q2 2025.
Galp was recognized in the Discovery of the Year category for its operated Mopane find in deepwater Namibia, Murphy Oil was highlighted in the E&P Explorer of the Year category following its Hai Su Vang and Lac Da Hong oil discoveries offshore Vietnam, and CNOOC was recognized in the NOC Explorer of the Year category, the release outlined.
“Among E&P firms, the finding and development costs index decreased slightly from 17.1 This suggests costs for E&P firms rose at a slower pace relative to the prior quarter,” it added. in the first quarter 2025 to -8.1 Among oilfield services firms, the input cost index increased from 30.9
The issue of whether a company is an independent contractor of an E & P company is frequently litigated in oilfield injury accidents, as the injured worker searches for multiple sources of possible recovery. In McDaniel v R.J.’s s Transportation, LLC , —- So.3d In McDaniel v R.J.’s s Transportation, LLC , —- So.3d
The issue of whether a company is an independent contractor of an E & P company is frequently litigated in oilfield injury accidents, as the injured worker searches for multiple sources of possible recovery. In McDaniel v R.J.’s s Transportation, LLC , —- So.3d In McDaniel v R.J.’s s Transportation, LLC , —- So.3d
” Commenting on the Acquisition, Andrew Nunn, CEO of Deltic Energy, said: “Despite the difficult political and fiscal backdrop impacting the UK E&P industry over a number of years, the achievements of the Deltic team and the quality of our assets have been recognised by Viaro. Please sign in or register for free.
Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells. Well Eligibility.
Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. The most recent draft is the fourth update since it was first adopted by the Louisiana Legislature in 2007 following Hurricanes Katrina and Rita in 2005.
On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] 1] The dispute in Gloria’s Ranch, L.L.C.
Vertice management said that the acquisition enhances Vertices’ ability “to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets.” It’s been a momentous 2025 for the wireline niche. based RPC Inc.
Exxon ”), at p. A federal appeals court has affirmed that a “greenwashing” lawsuit by the District of Columbia against several major energy companies should not be heard in federal court. Part II summarizes the jurisdictional analysis in D.C. Part I – Fighting About the Forum: State v. Only the court is different. Different jury pool.
El Paso E & P Co. , El Paso E & P Co. , Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. For example, in Alyce Gaines Johnson Special Trust v. 2d 640, 641-43 (W.D.
On June 2, the U.S. Court of Appeals for the Third Circuit analyzed what constitutes a prima facie maritime claim sufficient to support attachment of property under Rule B of the Supplemental Rules of Admiralty of the Federal Rules of Civil Procedure. Property of the defendant within the district is then subject to seizure. Bunge appealed.
Brent Crude $78.03 +1.73% Natural Gas $4.04 +1.35% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Petronas Gets New Block offshore Suriname by Jov Onsat | Rigzone Staff | Thursday, June 19, 2025 | 7:53 AM EST The new acreage lies next to Petronas' Block 52, which contains the Fusaea, Roystonea and Sloanea discoveries. square miles).
On October 18, 2023, the EPA published a Supplemental Notice of Proposed Rulemaking (“SNPR”) regarding incidental discharges from vessels, proposing national performance standards under the Vessel Incidental Discharge Act (“VIDA”). It also requires the U.S. The USCG will then have two years to develop and finalize corresponding regulations.
Skip to main content Seizing the agentic AI advantage June 13, 2025 | Report A CEO playbook to solve the gen AI paradox and unlock scalable impact with AI agents. (28 28 pages) At a glance Nearly eight in ten companies report using gen AIâyet just as many report no significant bottom-line impact. This shift enables far more than efficiency.
The advantage for minerals firms is that they have no investment in equipment or drilling costs, as do E&Ps. The challenge is that they must still do geological research on formations, and then predict where the E&P is planning to drill. Click here to listen to the Audio verison of this story!
3] In Crescent , litigation ensued after Crescent’s employee suffered injuries while conducting P&A work on a platform. Turning to the first prong of the Doiron test, the court needed to determine whether P&A work constituted “services to facilitate drilling or production.” Carrizo Oil & Gas, Inc. [3]
E – Effective Feedback Timely, specific and actionable feedback empowers teachers to improve their practice. Instructional coaching is a dynamic and complex process, both an art and a science, blending human connection, intuition and adaptability with research-based strategies and data-informed decision-making.
In a previous article , we explained how Relentless Pursuit of Perfection Ltd. Once we go back to the new normal we expect that each E&P company will decide which is the most suitable for their needs, in-person or virtual? Just like a tsunami following an earthquake, will the economic aftershocks be worse than the virus?
2003) (“the regulations govern the parties’ joint and several liabilities vis-à-vis the Government not amongst themselves”) and Total E&P USA, Inc. Sojitz Energy Venture, Inc. Union Oil Co. of California , 394 F. 3d 687 (S.D. UNOCAL assigned operating rights in the leases to ATP, who later assigned 20% of those rights to Sojitz.
The Simmons Court followed this line of jurisprudence and found the “written off” amount under the state workers’ compensation act was a “phantom charge that [p]laintiff has not ever paid nor one he will ever be obligated to pay.” Simmons , 2018-0735, p. Cornerstone Investments, LLC, et al. 2018-CC-0735 (La. Simmons at 3-4.
This article summarizes the arguments made by the parties, and the Justices' questions and observations at the oral argument. Anadarko E&P Onshore, LLC , 520 S.W.3d The case was Myers-Woodward v. Underground Services Markham. The case remains pending before the Texas Supreme Court on petition for review. West , 508 S.W.2d
Below we take a closer look at each category of lawsuits and provide an update on where they stand today. The states of New York and Massachusetts, through their Attorney General, each filed a suit against Exxon Mobil Corporation asserting investor fraud related claims. In the New York litigation, ExxonMobil successfully defended itself last month.
In January of this year, the Supreme Court of Pennsylvania tackled an issue that has been confronted by few other courts—whether the rule of capture precludes a claim for subsurface trespass due to hydraulic fracturing. [1] 2] Both the trial court and the appellate court awarded damages to the plaintiffs for the gas drained.
For more information on these CARES Act topics see our prior newsletter here. Expanded Definition of Qualified Individual IRS Notice 2020-50 expands the CARES Act definition of a qualified individual who is eligible for CRDs, loans, and loan payment suspension.
Amidst historically low oil prices and economic shutdowns, fossil fuel companies continue to defend against lawsuits brought by state and local governments claiming climate-change related damages. 1442(a)(1). In City of Oakland et al. 1442(a)(1). 1442(a)(1).
The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.
The Bureau of Ocean Energy Management (“BOEM”) and the Bureau of Safety and Environmental Enforcement (“BSEE”) recently issued a proposed rule on Risk Management, Financial Assurance and Loss Prevention (“Proposed Rule”), which was published in the Federal Register on October 16, 2020 and is now open for public comment.
As a key component of most batteries, lithium is ubiquitous in our daily lives. From the moment your alarm on your cell phone goes off in the morning, to using your battery-powered toothbrush, to reading this blog post on your laptop or tablet, lithium makes it all work.
See NAFTA at articles 1102, 1103, 1105, & 1110, respectively. NAFTA at article 1106.6; see also NAFTA at article 1114. Pursuant to NAFTA Article 1119, 90-days notice must be provided before submitting a claim for arbitration, which must include the “relief sought and the approximate amount of damages claimed.”
Further, unsubstantiated arguments to the jury, such as comparisons of mental anguish to the cost of a fighter jet, a work of art, or miles driven by a defendant’s vehicles, are improper and lack a connection to the actual mental anguish claimed. This case arises from a fatal accident on an icy, unlit stretch of highway near Amarillo, Texas.
A Regulatory Increase to the Limits of Liability for Oil Pollution and an Amendment Exempting Small Passenger Vessels from the Limitation of Liability Act Present New Challenges for Vessel Owners U.S. First, the Coast Guard announced [1] increases to the liability limits in the Oil Pollution Act of 1990 (“OPA”). [2]
P N K (Lake Charles) L.L.C., For more information about this Article, please contact attorneys Philip Dore ( pdore@liskow.com ) or Cristian Soler ( csoler@liskow.com ). [1] Can targeted advertising establish general jurisdiction over a foreign corporation? The Fifth Circuit had not addressed this issue until Frank v.
This article will explore crude oil investing, particularly as related to direct investments in crude oil and natural gas exploration for accredited investors, highlighting the qualifications, investment vehicles, potential returns, and risks involved.
Bradford and Jeffrey P. On Friday, March 27, 2020, President Trump signed into law the CARES Act, which contains many provisions designed to mitigate the impact of the Coronavirus pandemic. Liskow & Lewis attorneys John T. The new deduction is generally governed by the relevant rules in IRC Section 170 with a few modifications.
President Trump is calling on OPEC to increase U.S. crude production, which could easily push crude prices lowerinto this second quarter of 2025, as supply would likely then outpace demand. Just how low could prices goor will they fall at all? The answer depends on a confluence of factors, as supply is just one part of the equation.
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