Oil & Gas 360º

JULY 23, 2025

Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies.

Energy

Oil & Gas 360º

AUGUST 13, 2025

Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies.

Energy

Oil & Gas 360º

JUNE 27, 2025

(World Oil) – The Bureau of Ocean Energy Management (BOEM) has published a Proposed Notice of Sale (PNOS) for Lease Sale 262, the first of three offshore auctions in the Gulf of America under the 2024–29 Outer Continental Shelf Leasing Program. 10, 2025, which will be livestreamed.

Oil

The Energy Law

NOVEMBER 28, 2022

In the meantime, more questions than answers remain regarding the regulatory framework for offshore CCS. One issue is the method Interior will use to authorize offshore CCS – by lease, easement, or right-of-way (or some combination thereof).

Offshore

The Energy Law

SEPTEMBER 17, 2009

by Elisabeth Lorio Baer Interior Secretary Ken Salazar informed Congress on September 17, 2009 that he would kill a controversial program, currently in effect, that allows energy companies to pay the government royalties for drilling on public lands in actual oil and gas in lieu of cash.

Royalty

The Energy Law

SEPTEMBER 23, 2008

Title I addresses the existing moratoria, future OCS access, exploration, production and royalty questions. per MMBtu, unless lease royalties were renegotiated with the Secretary , imposes Conservation of Resources Fee on nonproducing lease acreage of $3.75

Royalty

Drillers

MARCH 24, 2020

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s. How did this happen?

Oil

The Energy Law

SEPTEMBER 12, 2008

By Jonathan Hunter: In a highly anticipated decision, the Tenth Circuit held this week that the district court had subject matter jurisdiction over a qui tam action filed by an MMS auditor concerning royalty payments on crude oil produced from offshore federal leases. The court also ruled that “Mr.

Royalty

The Energy Law

NOVEMBER 7, 2014

Recently, when there was talk about Houston-based ATP Oil and Gas’ (ATP) legal problems, it was inevitably about its bankruptcy and its effort to bring the overriding royalty interests it had conveyed back into the bankrupt estate as debt instruments. See United States v. ATP Oil & Gas Corp. , 955 F.Supp.2d 2d 616 (E.D. See 40 C.F.R.

Offshore

The Energy Law

MARCH 11, 2020

Last year, in another dispute over who should bear the cost of decommissioning offshore facilities, the Southern District of Texas held that a former sub-assignee of offshore operating rights was entitled to equitable subrogation from the record title owner and initial assignor. UNOCAL also reserved a 3% overriding royalty.

Royalty

Valor

FEBRUARY 24, 2025

onshore wind farms and spinning off offshore wind assets. Read more 25% royalty rate cap on prime oil and gas land heads to the House Summary : The New Mexico Senate passed Senate Bill 23 in a 21-15 vote, advancing legislation to raise the maximum royalty rate on prime oil and gas land in the Permian Basin from 20% to 25%.

Energy

Iraq Business News: Oil & Gas

JUNE 22, 2025

. $610 billion necessary to supply future demand. Assets overview In Ghana, ratification discussions with the Ghanaian authorities on Tano acreage have re-commenced - though acreage adjustments are likely, and governance remains an issue. In Iraq, there may be early opportunities to recover gas and liquids currently being flared.

Oil

The Energy Law

JUNE 17, 2021

Further, offshore Lease Sales 257 and 258, which were included in the Five-Year Program that was approved under the Outer Continental Shelf Lands Act (“OCSLA”), were both canceled. It is also possible that Interior could take steps to amend the Five-Year Program to modify the offshore lease sale schedule.

Gas

The Energy Law

JUNE 17, 2021

Further, offshore Lease Sales 257 and 258, which were included in the Five-Year Program that was approved under the Outer Continental Shelf Lands Act (“OCSLA”), were both canceled. It is also possible that Interior could take steps to amend the Five-Year Program to modify the offshore lease sale schedule.

Gas

The Energy Law

JUNE 17, 2021

Further, offshore Lease Sales 257 and 258, which were included in the Five-Year Program that was approved under the Outer Continental Shelf Lands Act (“OCSLA”), were both canceled. It is also possible that Interior could take steps to amend the Five-Year Program to modify the offshore lease sale schedule.

Gas