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by Andreas Exarheas | Rigzone Staff | Monday, June 30, 2025 | 6:54 AM EST Wood Mackenzie reveals who was crowned the 'most admired upstream explorer' in the company's latest Annual Exploration Summit Survey. Congratulations to John Ardill and the entire exploration team,” he continued.
Viaro also plans to progress the nearby Blackadder exploration prospect, which is geologically analogous to Selene and well-positioned near existing Viaro infrastructure. If successful, Blackadder has the potential to add to near-term production and extend the life of surrounding host facilities.
“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.
The Dallas Fed went on to state on its site that “oil and gas production decreased slightly in the second quarter, according to executives at exploration and production firms” “The oil production index fell from 5.6 Meanwhile, the natural gas production index also turned negative, declining from 4.8
The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. Louisiana Land and Exploration Co., 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . LL&E II , at *2. 2020-00685 (La.
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] Tauren Exploration, Inc. Tauren Exploration, Inc.
In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. El Paso E & P Co. , El Paso E & P Co. ,
The rising demand for lithium, combined with Federal tax credits for lithium production, has intensified lithium exploration efforts. Formed during the Jurassic period, this geological formation has been tapped for oil and gas, as well as brine for production of bromine, since the 1950s.
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.
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).
District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. 30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3]
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. April brought two big moves.
Like traditional exploration and development, CCUS projects require the operator to secure both the necessary private property rights from landowners as well as regulatory approval from the appropriate administrative agency in order to proceed. This article focuses on the latter. 30:1101-1111).
RUE grants are authorizations from BOEM to use a portion of the seabed not encompassed by the holder’s lease to construct, modify, or maintain platforms, artificial islands, facilities, installations, and other devices that support exploration, development, or production of oil and gas or other energy resources from another lease.
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 Order, however, does not limit oil and gas operations under valid leases, so previously approved activities and operations can continue.
Enterprise Products Partners, L.P., This case began in 2011 when ETP and Enterprise explored the possibility of partnering to modify and extend, or construct anew, a pipeline to transport oil southbound from Cushing, Oklahoma. The Texas Supreme Court issued an opinion today in Energy Transfer Partners, L.P
The “ LL&E II ” decision finds that Act 312 charges the court, not the jury, to determine the funding needed to remediate property to government standards. Louisiana Land and Exploration Co., 3d — (“ LL&E II ”). [1]. Background of Legacy Litigation and LL&E I . LL&E II , at *2. 2020-00685 (La.
In Litel Explorations, LLC v. and Gary Production Company were named as prior operators of the G.A. The Lyon Well was leaking in 2018, which prompted the LDNR to task the current operator (Sandhill Production, Inc.) Aegis Development Co., LLC , 21-0741 (La. 4/6/22), –So. 30:80 et seq. who last operated the property.
As of June 7, 2023, a bill aiming to prohibit entities controlled by “foreign adversaries” from buying, leasing, or otherwise acquiring immovable property in the state has passed both the Louisiana House and Senate and is now awaiting the Governor’s approval. Sponsored by Rep. Valerie Hodges, Louisiana House Bill No.
In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. Several years later, Eagle purchased several leases and sold them to Chesapeake Exploration, LLC (“Chesapeake”), reserving an overriding royalty interest and a back-in working interest (the “Interests”).
As it “is impossible to transfer rights to an assignee under an expired mineral lease,” in a case where oil, gas and mineral leases had expired prior to plaintiff’s acquisition of the property, the Louisiana Third Circuit Court of Appeal in Litel Explorations, L.L.C. Aegis Development Company, L.L.C., Aegis Development Company, L.L.C.,
In Eagle II , TRO-X alleged that Eagle failed to pay TRO-X its share of income generated from production on the equitable interests. Several years later, Eagle purchased several leases and sold them to Chesapeake Exploration, LLC (“Chesapeake”), reserving an overriding royalty interest and a back-in working interest (the “Interests”).
natural disasters, Act of God); and (5) determining compliance with new certification standards for low methane gas, and improving production to satisfy these standards. CAE data will assist in making more informed and educated decisions regarding emissions from oil and gas production.
Introducing its lawsuit with statements that “New Orleans is imperiled” and its “people are in danger,” the City contends that the defendants’ failure to maintain access canals, spoil banks, and earthen pits created in the course of exploration and production has destroyed the coastal zone.
Over seven years later, New 90 and another plaintiff-landowner sued various oil and gas companies for contamination to the property based on historical exploration and production activities dating back to the 1940s. 10/4/21), 2021 WL 4548529, —So.
As it “is impossible to transfer rights to an assignee under an expired mineral lease,” in a case where oil, gas and mineral leases had expired prior to plaintiff’s acquisition of the property, the Louisiana Third Circuit Court of Appeal in Litel Explorations, L.L.C. Aegis Development Company, L.L.C., Aegis Development Company, L.L.C.,
natural disasters, Act of God); and (5) determining compliance with new certification standards for low methane gas, and improving production to satisfy these standards. CAE data will assist in making more informed and educated decisions regarding emissions from oil and gas production.
In a victory for the oil and gas industry, the Third Circuit rendered a decision rejecting attempts by the Louisiana Department of Revenue to impose severance taxes on crude oil production based on index pricing. Communications include firm news, insights, and events.
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
As to Plaintiffs’ claim under the Civil Code articles on accession, the District Court found those articles could not lead to an award of disgorgement. As to Plaintiffs’ claim under the Civil Code articles on accession, the District Court found those articles could not lead to an award of disgorgement.
BlueStone primes the Court to resolve a Texas appellate court split regarding whether a lease provision requiring royalties to be paid based on “gross” profits or value received from the sale of oil and gas production nullifies an “at the well” valuation point elsewhere in a lease. Heritage Res., NationsBank , 939 S.W.2d 2d 118, 120-21 (Tex.
In the City of Baltimore’s case, the City asserted several state-law causes of action centered on the alleged misleading promotion, and failure to warn about the dangers of, fossil-fuel products. On May 17, 2021, the United States Supreme Court issued a decision in the climate change litigation affecting the fossil fuel industry.
Riverwood Production Company, et al. (“ Riverwood ”), No. According to defendants, the Report shows, for the first time, that plaintiffs allege damages based on World War II-era exploration and production activities that were controlled, directed, and regulated by the federal government. 18-5217, 2019 WL 2271118 (E.D.
2] Nigel Bankes, Jenette Poschwatta & E. 2] Nigel Bankes, Jenette Poschwatta & E. By ratifying the 2015 Paris Agreement, [1] nations across the world made a commitment to reducing greenhouse gas emissions by at least 40% by the year 2030. The latter option is known as carbon capture and sequestration (“CCS”). 1] [link]. [2]
Iowa Production, et al. 30:2025(E). In 2003, the Louisiana Supreme Court rendered its landmark decision in Corbello, et al. Since then, Louisiana courts have seen a steady stream of “legacy litigation” claims being filed. The purpose of the Louisiana Environmental Quality Act is twofold. 30:2025. (c)
TMR Exploration, Inc , 2021 WL 267916, the First Circuit affirmed a district court ruling on summary judgment applying the good faith purchaser defense provision set forth in La. A recent decision from the Louisiana First Circuit Court of Appeal may have lasting effects on good faith purchasers of oil.
Environmental Protection Agency (EPA) announced it had finalized a voluntary disclosure program for new owners of upstream oil and natural gas exploration and production facilities. On March 29, 2019, the U.S. New owners who acquired facilities in the twelve months before EPA finalized this program are also eligible.
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. Today, the United States Supreme Court granted a Petition for Certiorari filed by energy companies in Baltimore’s climate change lawsuit.
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.
law “to the subsoil and seabed of the outer Continental Shelf and to all artificial islands, and all installations and other devices permanently or temporarily attached to the seabed, which may be erected thereon for the purpose of exploring for, developing, or producing resources therefrom.” (343 territorial waters (the “July 15 Ruling”).
Carbon capture can use a variety of techniques to remove emissions from industrial and power production operations post-combustion. This process of utilization refers to the use of CO2 directly or as a feedstock in industrial or chemical processes, to produce valuable carbon-containing products, where CO2 can generate economic value.
With topics ranging from offshore oil and gas moratoriums to restrictions on natural gas flaring and venting, the following is an overview of notable energy legislation to be heard in state legislatures this year. The Texas Legislature convened for its 2021 session earlier this month with several issues on the agenda. Senate Bill 119 ( S.
Yesterday, the United States Supreme Court heard oral arguments in the climate change lawsuit filed by the City of Baltimore in 2018 against energy companies. This case is one of a number of cases brought by states, cities, and other municipalities against energy companies alleging that the companies contributed to climate change. Calhoun , 516 U.S.
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.
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