4Q Earnings for M-U Drillers Bounced Back After Down First 3 Qtrs
Marcellus Drilling News
APRIL 1, 2025
The experts at RBN Energy track 38 exploration and production (E&P) companies to monitor financial and operational performance.
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Marcellus Drilling News
APRIL 1, 2025
The experts at RBN Energy track 38 exploration and production (E&P) companies to monitor financial and operational performance.
Enverus
APRIL 21, 2025
Insights on WCSB Oil Production Pipeline Expansions, and AECO Hub Gas Pricing The Canadian oil and gas industry is at a pivotal moment, with significant potential on the horizon that could reshape the landscape. Lets look at some of the key highlights: Anticipate a rise in oil production within the Western Canada Sedimentary Basin (WCSB).
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The Energy Law
JULY 1, 2021
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.
The Energy Law
MAY 22, 2023
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.
The Energy Law
OCTOBER 4, 2018
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 Energy Law
MARCH 26, 2019
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]
The Energy Law
MAY 4, 2023
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.
Enverus
MARCH 10, 2025
The following blog is distilled from Intelligence Research (EIR) publications and EIRs very own Andrew Dittmars media statements on the Diamondback acquisition. Diamondback is one of the largest players in the Permian Basin, second only to Exxon Mobil, based on gross operated oil volumes. [1] million per location. [2] million per location. [2]
The Energy Law
JANUARY 21, 2021
By using this blog site you understand and acknowledge that there is no attorney client relationship formed between you and Liskow & Lewis and/or the individual Liskow & Lewis lawyers posting to this site by virtue of your using this site. The Order can be found at [link]. Communications include firm news, insights, and events.
The Energy Law
MARCH 28, 2022
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. Carbon capture, utilization, and storage (CCUS) projects involve various legal issues.
McKinsey
JUNE 13, 2025
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.
Nestoil
SEPTEMBER 4, 2024
For investors, this sector offers diverse opportunities, ranging from upstream exploration to downstream refining and distribution. Upstream Investments; Exploration and Production (E&P): The upstream sector involves the search for oil and gas reservoirs and the extraction of these resources.
The Energy Law
APRIL 12, 2022
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.
The Energy Law
JANUARY 31, 2020
Enterprise Products Partners, L.P., a case previously featured on the Blog. 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 Energy Law
JUNE 30, 2023
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.
The Energy Law
JULY 1, 2021
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.
The Energy Law
APRIL 19, 2021
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”).
The Energy Law
APRIL 2, 2019
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.
The Energy Law
NOVEMBER 16, 2020
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.
The Energy Law
APRIL 19, 2021
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”).
The Energy Law
AUGUST 20, 2012
By Robert E. 112(n)(4), establishes a non-aggregation standard for exploration and production facilities, specifying that HAP emissions from oil and gas wells and compressor stations should not be aggregated for major source determinations. Holden and Carlos J. 7412 (n)(4)(A).Section 63.761 (definition of “major source”). .
The Energy Law
NOVEMBER 20, 2020
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.,
The Energy Law
APRIL 17, 2019
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. The attorneys involved in Avanti case are Cheryl Kornick , James Exnicios , Robert Angelico , and R.J.
The Energy Law
NOVEMBER 16, 2020
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.
The Energy Law
FEBRUARY 3, 2021
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 Energy Law
OCTOBER 11, 2021
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.
The Energy Law
JUNE 12, 2017
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.
The Energy Law
SEPTEMBER 16, 2014
The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. See our previous blog entry on the proposed rule redefining the “waters of the United States” covered by the Clean Water Act. Trans Energy, Inc. , 14-117 (N.D.W.Va.),
The Energy Law
JUNE 8, 2020
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.
The Energy Law
MAY 18, 2021
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.
The Energy Law
OCTOBER 5, 2020
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]
The Energy Law
NOVEMBER 20, 2020
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.,
The Energy Law
OCTOBER 2, 2020
By using this blog site you understand and acknowledge that there is no attorney client relationship formed between you and Liskow & Lewis and/or the individual Liskow & Lewis lawyers posting to this site by virtue of your using this site. As discussed in more detail in our June 2nd post titled “Climate Change Jurisdiction: U.S.
The Energy Law
MARCH 10, 2021
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.
The Energy Law
APRIL 4, 2019
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. The Blog/Web Site should not be used as a substitute for legal advice from a licensed professional attorney in your state regarding a particular matter.
The Energy Law
JANUARY 28, 2021
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)
The Energy Law
SEPTEMBER 21, 2021
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.
The Energy Law
MARCH 29, 2021
By using this blog site you understand and acknowledge that there is no attorney client relationship formed between you and Liskow & Lewis and/or the individual Liskow & Lewis lawyers posting to this site by virtue of your using this site. The gas extracted from the wells is not a “fruit” under Louisiana law. Read the opinion here.
The Energy Law
AUGUST 27, 2020
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”).
The Energy Law
JANUARY 2, 2020
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.
The Energy Law
JULY 20, 2018
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.
The Energy Law
JANUARY 20, 2021
Additional procedural history pertaining to this case, and information related to other similar, climate-change cases, can be found in our related blog posts titled (1) U.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.
The Energy Law
JANUARY 28, 2021
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.
The Energy Law
OCTOBER 15, 2020
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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