This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
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.
billion to Eton Park in the same case, which Argentina is also appealing. .” The legal dispute arose from Argentina’s 2012 seizure of the 51% YPF stake held by Spain’s Repsol (OTC: REPYY ), without tendering for shares held by minority investors Petersen Energia Inversora and Eton Park Capital Management. In 2023, Preska awarded $14.4
Large public E&Ps are consolidating premium inventory in core regions like the Permian, where high-quality assets are scarce and valuations are steep. In some cases, promising assets may remain unsold or be sold at a discount, limiting reinvestment potential. This concentration underscores a broader trend.
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.
Viper Energy (VNOM) presents a compelling case for investors seeking exposure to the energy sector through a mineral rights business model. Its royalty-focused, asset-light model stands out versus traditional E&Ps like Diamondback, offering high efficiency and lower risk.
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
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
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. Accounting and Crediting Period.
The EPA had argued that an operationally interdependent relationship (in the Summit case, spanning a 43-square mile area) was enough to find that pollutant-emitting activities were “adjacent.” For more on this decision, see our previous blog entry here.
These forward-looking statements include matters that are not facts. They appear in a number of places throughout this Announcement and include statements regarding the Directors’ beliefs or current expectations.
To scale impact in the agentic era, organizations must reset their AI transformation approaches from scattered initiatives to strategic programs; from use cases to business processes; from siloed AI teams to cross-functional transformation squads; and from experimentation to industrialized, scalable delivery.
The complex auction meant to repay 18 creditors for debt defaults and expropriations by Venezuela and state oil company PDVSA was relaunched in January after a year-long bidding process ended in shambles amid arguments over Citgos worth and parallel legal cases. BONDHOLDER ISSUES The Red Tree $3.7
As is always the case, the March 2025 numbers are subject to updating and revision by the commission. The breakdown of well types for total original drilling permits in March 2025 is: 137 oil, 52 gas, 469 oil and gas, 20 injection, 1 service, and 17 other permits.
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. In City of Oakland et al. BP PLC et al. 1442(a)(1).
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 E& P Onshore, LLC, no. 3d 73, 93 (Tex.
for un-risked case. Full FDP results in capital expenditure from CHPE (2C case) of US$947.9 CanCambrias Field Development Plan (FDP) comprises a total of 100 wells, with two phases each comprising 50 well tranches. million, discounted at the same 10% rate.
The Investor may elect to participate in opportunities at its discretion, on a case-by-case basis, after conducting its own financial and technical verification. The Program Area consists of counties located in theWilliston Basin, although both parties may consider opportunities in otherRocky Mountainbasins upon mutual consent.
Procedural History The case was originally tried in a forty-one day bench trial by Judge John P. This raises a dire warning to defendants in cases involving subrogated claims. 2607(d)(2)(B), limited its liability in the case to the same extent as Frescati’s (which had been limited to approximately $45 million).
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. Communications include firm news, insights, and events.
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.” They do cased hole work, both vertical and horizontal production.
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.
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. For example, in Alyce Gaines Johnson Special Trust v. Alyce Gaines Johnson Special Trust v. 2d 640, 641-43 (W.D. 9/22/10); 48 So. 3d 341, 342-43.
Yet, while many assume that a peak is inevitably followed by a decline, this will not be the case in the Permian. Going forward, growth is about to continue slowing, the analysts predicted, until production peaks at 7.7 million barrels daily in 2035. Output of crude oil in the play will plateau at 7.7
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.
As of today, three wells have been successfully drilled and cased, with the fourth currently being drilled. The program includes two-mile lateral wells alternating between the Niobrara A, B, and C Chalks and the Codell Sandstone.
The results also suggest that there may be a substantial increase in our base case recoverable resources which could add tremendous value to the project over time. The evaluation confirms that theCane Creekreservoir is highly productive and potentially ranks alongside some of the most productive oil and gas plays in theU.S.
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. The majority of these cases have been brought under state nuisance laws. United States , No.
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. Land and Exploration Co., 3d 1038 (La. It did not.”
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.
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. is a large private E&P traditionally known for its Permian Basin operations, but it has also emerged as a major driller in Oklahoma’s Anadarko region.
In this case, Tongli Shipping Pte. 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. Tongli”) time chartered the cargo ship M/V Orient Rise to Bunge S.A. Fed.R.Civ.P. Shivsu Canadian Clear Waters Tech. (P)
Notably, this is the first case in which dissolution of the lease was awarded under Article 140 since the Second Circuit’s ruling in Wegman v. There are two important points to take away from the Second Circuit’s decision in this case. EP Energy E&P Co., Transmission, Inc. , 2d 436, 451 (La.App. 8 (citing La.
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]
“Free funds flow” is a non-GAAP financial measurecalculated as funds flow less expenditures on property, plant and equipment (“PP&E”). Barrel of Oil Equivalency “Boe” means barrel of oil equivalent. Market capitalization is a supplementary financial measure.
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.” West, 508 S.W.2d 2d 812, 815 (Tex. " • In Lightning Oil Co.
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. Some of the E&Ps will sell minerals to raise cash, said Stavinoha.
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. As technology continues to improve, so will the advantages in comparison to the traditional workshops.
E – Effective Feedback Timely, specific and actionable feedback empowers teachers to improve their practice. Sharing articles, podcasts and case studies keeps teachers informed and inspired to innovate. P – Professional Learning Communities (PLCs) Collaborative teacher groups enhance instructional improvement.
By Robert E. See Lesley Foxhall Pietras , Air Permitting: Sixth Circuit Vacates Single Stationary Source Aggregation Determination for E&P Facilities Due to EPA’s Unreasonable Interpretation of Adjacent , The Energy Law Blog, Aug. Holden and Carlos J. 7412 (n)(4)(A).Section 7412(n)(4) (emphasis added); see also 40 C.F.R.
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.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content