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JP Morgan: Oil Could Hit $130—But We’re Still Calling $60

OilPrice

JP Morgan is sticking to its base-case oil price forecast for 2025, projecting Brent crude will trade in the low-to-mid $60s, despite a sharp escalation in geopolitical tensions involving Iran, the U.S., and potentially Israel. Markets are already partially pricing…

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OH Supreme Court Case Allows Surface Owners to Keep Mineral Rights

Marcellus Drilling News

Yesterday, the Ohio Supreme Court issued a ruling dismissing a case that leaves in place a ruling from the Seventh District Court of Appeals. The case, Darrell Crozier et al. Pipe Creek Conservancy LLC et al., involves a decision on who owns the oil and gas rights underlying a property in rural Belmont County.

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Hydrogen Use Cases for the Power Industry

POWER Magazine

When used in […] The post Hydrogen Use Cases for the Power Industry appeared first on POWER Magazine. Hydrogen is becoming increasingly important to the electric power generation industry for several reasons. One is that hydrogen offers a promising pathway to decarbonize the power sector.

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Driller Wins Briggs v SWN Rule of Capture/Trespass Resurrected Case

Marcellus Drilling News

In January 2020, the Pennsylvania Supreme Court ruled in THE most consequential lawsuit for Marcellus Shale drilling weve seen, a case called Briggs v Southwestern Energy (see HUGE NEWS: PA Supreme Court Keeps Rule of Capture for Fracking). The PA Supreme Court ruled in favor of Southwestern, retaining the rule of capture in the Keystone.

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WV Supreme Court Grants Landowners Second Major Win in a Week

Marcellus Drilling News

In April, MDN told you that the West Virginia Supreme Court was scheduled to hear oral arguments in two important oil and gas royalty cases (see WV Supremes Hear Oral Arguments in 2 Important O&G Royalty Cases). Earlier this week, MDN reported the WV Supreme Court had ruled on the first of the two cases,

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MVP Case Against Radicalized Protesters Advances in Federal Court

Marcellus Drilling News

District Court for the Western District of Virginia (Roanoke Division) ruled in two of five cases before it in which Mountain Valley Pipeline (MVP), which is now majority-owned by EQT Corporation, sued radical protesters who blocked the construction of the pipeline in Roanoke County, Virginia. On Monday, the U.S.

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The Case for Fully Debt-Financed Utilities

OilPrice

Our regulatory regime in the US is based on the Supreme Court decisions in the Hope and Bluefield cases.

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