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The Company is completing final due diligence, and the appointments are expected to reinforce the Company’s governance and long-term growth strategy. (Oil & Gas 360) – MIDLAND, Texas–June 12, 2025. New Era Helium, Inc. Will Gray II, CEO of New Era Helium, Inc., About New Era Helium, Inc. New Era Helium, Inc.
Large public E&Ps are consolidating premium inventory in core regions like the Permian, where high-quality assets are scarce and valuations are steep. Large public E&Ps are consolidating premium inventory in core regions like the Permian, where high-quality assets are scarce and valuations are steep.
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. This is a transaction that was discussed at the Hart Energy Conference I attended a year ago.
acquired Pintail Alternative Energy, aka Pintail Completions, aka Pintail Wireline. 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.”
The financing includes the completed sale of an Investment Tax Credit (ITC) associated with the CRC. –(BUSINESS WIRE)– Energy Vault Holdings Inc. (Oil –(BUSINESS WIRE)– Energy Vault Holdings Inc. (Oil –(BUSINESS WIRE)– Energy Vault Holdings Inc. MW during PSPS events.
In two companion cases, a panel of the United States Court of Appeals for the Ninth Circuit decided whether a federal district court could properly exercise jurisdiction over climate change suits brought against energy companies by cities and counties in California. . 1442(a)(1). In City of Oakland et al. BP PLC et al. 1442(a)(1).
Baker Hughes a G E Co., One of the Facility Defendants removed the case to federal court on the basis of diversity jurisdiction, arguing that complete diversity existed between all properly joined defendants and the Plaintiffs. In D & J Invs. of Cenla, L.L.C. 17, 2022) (hereinafter “ D & J Invs.
In this case, Tongli Shipping Pte. 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. Bunge appealed.
The ATHOS I successfully completed the 1,900 mile journey from Venezuela to Paulsboro, but its hull was pierced by a submerged anchor within 900 meters of its intended berth. Procedural History The case was originally tried in a forty-one day bench trial by Judge John P. as Owner of the M/T ATHOS I , Nos. 2701, et seq.
Anadarko Basin operations are primarily in Oklahoma (SCOOP/STACK plays), with some assets extending into southern Kansas and the Texas Panhandle in the case of Mach. production from Anadarko (Q2 2024) (N/A – private) ~7–9 rigs in Oklahoma (2025) Mewbourne Oil Co. CapEx = capital expenditures. Sources are cited in brackets.
What are some of the most impactful ways companies are using AI to streamline T&E processes today? As corporate travel makes a strong comeback in 2025, companies are navigating a shifting landscape where in-person interactions remain essential for business success. Corporate travel has made a strong comeback in 2025.
This particular species of lease washouts is based on two recent cases from the El Paso Court of Appeals – Cimarex Energy Co. Anadarko E & P Onshore, LLC, 676 S.W.3d Anadarko E& P Onshore, LLC, no. Anadarko Petroleum Corp., 3d 73, 93 (Tex. —El Paso 2019, pet denied)) and Cromwell v. 3d 860 (Tex.
Transaction Highlights Transforms EOG into a leading Utica E&P The acquisition of Encinos 675,000 net core acres significantly increases EOGs Utica position to a combined 1,100,000 net acres, representing more than two billion barrels oil equivalent of undeveloped net resource. Register to attend. billion, inclusive of EAPs net debt.
Together, the adopted amendments evidence the Court’s emphasis on promoting cooperative case management and reducing the delays and considerable costs often associated with the discovery process. A complete set of the amended and adopted rules may be accessed by clicking here. [1]
That drilling rig was also scheduled to drill two other wells before drilling the well at issue, but MRC could have forgone drilling the two other wells to drill the new well, in which case it would have met the May 21, 2017 deadline. MRC Permian Company , — S.W.3d 21-0461, 2023 WL 3028100 (Tex. The actual deadline, however, was May 21, 2017.
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. HB 571 is expected to be scheduled for a vote on the House floor next Wednesday, April 26, or Thursday, April 27.
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. HB 571 is expected to be scheduled for a vote on the House floor next Wednesday, April 26, or Thursday, April 27.
The Texas Supreme Court heard oral arguments last week in a case that could substantially clarify, or even fundamentally reshape, the characterization and ownership of underground storage rights in Texas. The case was Myers-Woodward v. The case remains pending before the Texas Supreme Court on petition for review.
This recent case [ MIECO, L.L.C. With these common strings, this case could have implications (small or large) for other similar pending disputes across the state. In the MEICO court’s view, that case “counsels strongly” against reading the word “prevent” to mean “make impossible.”
The Trans Energy settlement shows that exploration and production (E&P) companies need a rigorous compliance strategy for wetlands permit requirements. On the other hand, the legal commentary has virtually ignored the importance of Nationwide Permits (NWPs) 12 and 39 to E&P activities. Trans Energy, Inc. , 14-117 (N.D.W.Va.),
When is a case removable to federal court? The general rule is that removability is determined at the time a case is filed. 2019), the Fifth Circuit blurred the line between these categories and expanded the cases that can be removed to federal court. The Lane Construction Corporation , 927 F.3d 3d 287 (5th Cir.
Most American maritime and environmental attorneys and vessel owners are familiar with OPA 90 and oil spill liability in the United States. But what happens when a vessel spills oil in the territorial waters of another country? The CLC addresses civil liability for maritime oil spills. Report a spill 2. Cooperate in response 3. Failure to a.
. (“Veren”) (TSX: VRN) (NYSE: VRN) are pleased to announce a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. Under the terms of the Agreement, Veren shareholders will receive 1.05 common shares of Whitecap for each Veren common share held. .”
If used correctly, TAR can result in drastic savings for clients in document-intensive cases and provide more accurate results. Competence includes at least a basic understanding of TAR in order to evaluate the appropriate document review method for each case and implement a protocol for electronically stored information.
1] Prior to the Pennsylvania ruling, there were two seminal cases that have addressed the issue and reached conflicting results. The court found that an actionable trespass claim requires an injury and that the only claimed injury in this case—drainage of gas from beneath the plaintiff’s property—was barred by the rule of capture. [3]
If used correctly, TAR can result in drastic savings for clients in document-intensive cases and provide more accurate results. Competence includes at least a basic understanding of TAR in order to evaluate the appropriate document review method for each case and implement a protocol for electronically stored information.
In most cases, new owners will have nine months from the date of acquisition to notify EPA of their interest in participating in the program. That scope will then drive the schedule for completing the audits and corrective action, which will be set forth in the customized audit agreement between the new owner and EPA.
Chapter 11 Reorganization: If the Company files a Chapter 11 reorganization, then the company may choose to continue its health care coverage or it may be able to terminate the health plan entirely, in which case there would be no obligations under COBRA. That is, the two are subject to an aggregate limit. the company).
Fossil”), with whom Tauren contracted to conduct operations on the property, drilled and completed wells on the leased property in Sections 9, 10, and 16. [5] 1] The dispute in Gloria’s Ranch, L.L.C. Tauren Exploration, Inc. 3] Tauren subsequently assigned a 49% interest in the lease to Cubic Energy, Inc. 5] Chesapeake Operating, Inc.
In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. BOEM issued the last and most controversial NTL, NTL No. 2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented.
Chapter 11 Reorganization: If the Company files a Chapter 11 reorganization, then the company may choose to continue its health care coverage or it may be able to terminate the health plan entirely, in which case there would be no obligations under COBRA. That is, the two are subject to an aggregate limit. the company).
He pointed to owners having a cement truck waiting to fill the well as soon as drilling was completed as objective evidence of such an intent. He pointed to owners having a cement truck waiting to fill the well as soon as drilling was completed as objective evidence of such an intent. A well was spud on March 28, 2006.
We will address Regulation BI and Form CRS in a later blog post after we have had time to digest completely the four releases. The Fiduciary Release does not create any new duties, but “reaffirms, and in some cases clarifies, certain aspects of the federal fiduciary duty an investment adviser owes to its clients.” [3]
In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. BOEM issued the last and most controversial NTL, NTL No. 2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented.
In the seminal case Save Ourselves, Inc. On September 14, 2022, the 19 th Judicial District Court revoked air permits issued by the Louisiana Department of Environmental Quality (“LDEQ”) under Louisiana’s Prevention and Significant Deterioration (“PSD”) regulations [1] for a Formosa Plastics facility (“FG LA”) planned to be built in St.
Variability in geology, completion designs, parent-child interference, and operational practices means that no two wells behave the same. The case for change is clear. The recent shift to real-time data acquisition and monitoring has refined this process, allowing engineers to adjust dynamically as new information becomes available.
Finally, the AWO recommends the development of a “written outbreak management plan” that contains information to track and identify suspected cases and the locations of sick crewmembers, cleaning procedures, etc. In response to the continuing COVID-19 epidemic, the United States Coast Guard, Centers for Disease Control and Prevention, U.S.
1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. Flat River Farms, L.L.C. , the Louisiana Second Circuit addressed issues affecting the creation and preservation of mineral servitudes and payment of court costs in a concursus action. [1]
Defendants in such cases could avoid additional cleanup responsibility by operation of law as well as doctrines of res judicata and issue preclusion. The result was that contaminated property at issue in litigation was left unremediated despite conditions that exceeded regulatory standards. The legislature responded by enacting Act 312.
2 Multipurpose robots are programmed to complete a limited set of related tasks within a specific environment, while general-purpose robots can complete diverse, unrelated tasks across different settings. Skip to main content Will embodied AI create robotic coworkers? But how quickly will the robot revolution take place?
Oil producers have already set their budgets for the year, so they could slow drilling activity to balance their expenses as costs for items like well casing and tubing climb, Gusek said. President Donald Trumps decision to impose tariffs on steel imports, Liberty Energy Chief Executive Ron Gusek said on Thursday.
annually by more than 25%, or (b) reduced its average full-time equivalent (FTE) employee count, then the maximum amount of loan forgiveness will be subject to a proportional reduction (in the case of FTE reduction) or a dollar-for-dollar reduction (in the case of wage/salary reduction).
Most firms said that tariffs have increased the cost of drilling and completing a new well by 4.01% to 6%. E&P companies,” an unidentified executive said in the report. “We steel producers to increase output, as the uncertainty in casing prices for essential steel tubing is delaying drilling activity.
10] The State Department and TC were enjoined from engaging in any activity in furtherance of construction or operation of the pipeline facilities until the State Department completed a supplement to its Environmental Impact Statement. -Canada border in Montana. Constitution. Gulf Coast. and Canada near Morgan, Montana.
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