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Introducing the Enhanced ERCOT P&R Forecast Model We’re thrilled to announce the release of the new ERCOT P&R Forecast Model, now available to Short-Term P&R Forecast subscribers. In the case of the Biglake 69kV line, the new model forecasted a closer correlation to the benchmark flow compared to the original model.
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.
Despite generally cautious investor sentiment on oil markets, the energy sector has had a strong start to 2025, rising 8% year-to-date, outperforming the S&P 500 index by around 10%, according to analysts at Morgan Stanley, in a note dated March 26. (Investing) –The U.S.
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. ,
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. This case was handled by Paul Adkins in Liskow’s Baton Rouge office. In McDaniel v R.J.’s In McDaniel v R.J.’s
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. This case was handled by Paul Adkins in Liskow’s Baton Rouge office. In McDaniel v R.J.’s In McDaniel v R.J.’s
Exxon ”), at p. Part I of this blog covers some basics about state and federal courts, explaining why the jurisdictional question of where a case will be decided is often contested. Federal Court “Removal” is the name for the process when a party transfers a case originally filed in a state court to a federal court.
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.
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.
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. In a similar case, Cromwell v. Anadarko Petroleum Corp., 3d 73, 93 (Tex. 3d 860 (Tex.
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).
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 of debt and $2.1
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.
El Paso E & P Co. , El Paso E & P Co. , In that case, the plaintiff-lessors argued, the lease should be rescinded based on their error. In that case, the plaintiff-lessors argued, the lease should be rescinded based on their error. For example, in Alyce Gaines Johnson Special Trust v. 45,634 (La.
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.
Procedural History The case was originally tried in a forty-one day bench trial by Judge John P. On March 29, 2018, the United States Court of Appeals for the Third Circuit issued its ruling in In re: Petition of Frescati Shipping Co., as Owner of the M/T ATHOS I , Nos. 16-3552, 16-3867 & 16-3868 (3d Cir. 2701, et seq.
TotalEnergies E&P USA, Inc, et al. On February 1, 2022, the United States Court of Appeals for the Sixth Circuit affirmed the lower court’s decision in Zehentbauer Family Land, LP, et al. Moreover, the court observed that, as a consequence, “Plaintiffs’ royalties are based on those gross proceeds paid to the Lessee.
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.
P ressure Drop is Lower E fficiency R educed Maintenance F ootprint is Smaller E xpandability C apital Expense T ypes of Plates 1. In many cases, you can utilize more heat by replacing existing shell-and-tube models with compact plate and frame heat exchangers. choice for your next heat-transfer solution.
1/30/13) (“ LL&E ”), that legacy plaintiffs are entitled to additional remediation damages in two circumstances: (1) if required by an express contractual provision, or (2) if the mineral lessee has acted unreasonably or excessively under the lease. On February 1, 2016, a federal district court issued a ruling in Moore v. Denbury , — F.3d
ExxonMobil removed the case to federal court arguing that the lawsuit involves “complex federal statutory, regulatory, and constitutional issues and frameworks,” which should supplant Massachusetts’ interpretation of climate issues. Below we take a closer look at each category of lawsuits and provide an update on where they stand today.
. (“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. .”
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!
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. Tauren Exploration, Inc.
By Robert E. Holden and Carlos J. Moreno On August 16, 2012, EPA published a new rule that revises the NESHAP Subpart HH standards for the oil and gas industry. The Final Rule wassigned on April 17, 2012, but publication in the Federal Register did not occur until August 16, 2012, making the rule effective on October 15, 2012. . §
Anadarko E&P Onshore, LLC, 520 S.W.3d From this line of cases, the Court concluded that “we consider Texas law reasonably clear that underground storage space generally belongs to the surface owner absent a contrary agreement. This dispute involved 160 acres in Matagorda County, Texas. Can a Cavern Be Owned?
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? The criteria will depend on each use case. Just like a tsunami following an earthquake, will the economic aftershocks be worse than the virus? was adapting to the market conditions.
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.
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.
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]
EP Energy E&P Co., While not particularly groundbreaking, Middleton does provide further guidance to mineral lessees and litigators with respect to the relevant factors and time period considered in a paying quantities case. 50,300-CA (La. for the 41-month period. over the 41 months, an average of $70.87 Lea Exploration Co.,
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 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.
This case arises from a fatal accident on an icy, unlit stretch of highway near Amarillo, Texas. The Texas Supreme Court reviewed and reversed the judgment of the court of appeals and remanded the case for a new trial. A wrongful death case is no different in this regard. The jury awarded approximately $16.8 Prac. & Rem.
10] While the rule does not specify whether the new limits apply retroactively to oil spills that occur before the effective date, case law indicates that the change will be prospective only. [11] 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., But in so doing, the court may have announced a new jurisdictional test with significant ramifications for future cases. So, the question on appeal was whether this was the “exceptional case” where personal jurisdiction could also be exercised in another state. 18-31060, 2020 WL 288213 (5th Cir.
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. However, as we outlined in a previous post, Type Curves Are Dead , this approach has critical limitations. Type curves are no longer keeping pace.
Direct investments in crude oil and natural gas generally involve purchasing interests in exploration and production (E&P) companies, owning working interests in oil and gas wells, or investing in partnerships that develop and operate oil fields. Tax Advantages: The U.S.
The OEM doesn’t design the whole car, and Arteris doesn’t design the whole chip, but they are a key piece of the final product (in this case the semiconductor). Elon Musk is all over the news these days for reasons that have nothing to do with investing. It’s a self-driving wolf.” It is, because its a brand-new thing.
The Dow Jones Industrial Average dropped nearly 2%, leading to the downside, while both the S & P 500 and Nasdaq fell more than 1%. Still, as of now, it's not a major needle-mover compared with the e-commerce, advertising and cloud-computing divisions. That is not the case.
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.
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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