News and Events for Attorneys and Executives

Tag: OilandGas

EPA Announces Methane Rule Reconsideration, Adding to List of Obama-Era Rules Under Review

News
Authors Whit Swift and Brittany Pemberton write that the Methane Rule applies to oil and gas facilities for which construction, modification, or reconstruction started after September 18, 2015.

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Webcast: Looking to Oil ETFs Ahead of May 25 OPEC Meeting

Webcast: Looking to Oil ETFs Ahead of May 25 OPEC Meeting

On-Demand
The ETF Trends webinar discusses various factors that could affect the crude oil prices, including OPEC and policy changes, and looked to investment opportunities to potentially capitalize on the energy market.

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Can Reworking a Saltwater Disposal Well Maintain a Lease?

Can Reworking a Saltwater Disposal Well Maintain a Lease?

Insight
Charles Sartain of Gray Reed & McGraw asks the question: Should the sufficiency of reworking operations under the cessation-of-production clause of an oil and gas lease be limited to the producing well?

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ScottMadden Releases Latest Edition of Energy Industry Update

Insight
On its website, ScottMadden says this issue focuses on strategic drivers that are propelling the industry like nuclear challenges, changing energy supply and demand patterns, and federal-state policy friction

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Oil Producers Can Avoid Earthquake Potential over Disposal Wells

Oil Producers Can Avoid Earthquake Potential over Disposal Wells

Insight
Contracting out the disposal of oil and gas well wastewater may not totally free producers from a potential lawsuit given the recent widespread publicity about earthquakes, says Leonard Dougal, an environmental lawyer with Jackson Walker LLP in Austin.

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Debate Over Allocation Wells Continues

Debate Over Allocation Wells Continues

Insight
Horizontal wells drilled across lease lines were clearly not contemplated in a typical oil and gas lease, and lessors should not be forced to accept a formula for royalty payment to which they have not agreed, advises John McFarland of Graves Dougherty Hearon & Moody in an article published in Oil and Gas Lawyer Blog.

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Using Credit Enhancements to Minimize Fallout From Another Company’s Bankruptcy

Insight
An article written by Raymond Patella and Michael Viscount of Fox Rothschild LLP outlines a handful of popular credit enhancements oil and gas companies may use to minimize their risk or exposure to a counterparty that they believe may be having financial difficulties.

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Kirkland Counsels TSSP on Hunt Oil Deal to Develop Midland Basin Acreage

News
Kirkland & Ellis LLP announced that it advised TSSP, a leading special situations investment platform of TPG, on its agreement with Hunt Oil Co., a privately held oil and gas exploration and production company, to develop certain of Hunt Oil’s assets in the Midland Basin in Texas.

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Oil and Gas Unitization: Specific Considerations for Cross-Border Unitization

Oil and Gas Unitization: Specific Considerations for Cross-Border Unitization

Article
In a cross-border unitization, special scrutiny may be necessary due to the complexities and limitations that arise due the reservoir being subject to the jurisdiction of two governments, write Philip Weems and Nina Howell of King & Spalding..

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Texas Power Players Sit Out Political Opposition to Clean Power Plan

Texas Power Players Sit Out Political Opposition to Clean Power Plan

Article
Some Texas energy companies are not joining the effort to block the Obama administration from implementing its new clean power regulations, reports Mose Buchele for NPR.

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Baker Botts Corporate Series: Staring Down the Barrel

Baker Botts Corporate Series: Staring Down the Barrel

On-Demand
The program takes a look at the impact of last year’s deal activity and what it will mean for this year, as panelists comment on what they have seen and expect to see this year from both a legal and business perspective and the opportunities created by the markets.

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EPC Contracts and Technology Licenses in Petrochemical Projects

Article
In petrochemical projects, the engineering, procurement and construction (EPC) contracts are often negotiated after the technology licenses have been negotiated between the technology licensors and the project owner, write Sean Goldstein, Jean Shimotake and Raymond Azar of White & Case LLP.

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Significant New Safety Requirements Proposed for Natural Gas Pipelines

Significant New Safety Requirements Proposed for Natural Gas Pipelines

Article
The proposed rule could expand the definition of regulated gathering lines, accelerate pipeline repairs, and set a higher bar for data gathering and analysis of risk, among other changes.

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Burst Pipeline? Bankruptcy Court Rules Sabine Can Reject Midstream Contracts

Article
A judge has ruled that Sabine Oil & Gas Corp. has satisfied the standards for rejection of several gathering and handling agreements between Sabine and its midstream counter-parties.

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Where Oil is King – When State and Local Fracking Rules Clash

Where Oil is King – When State and Local Fracking Rules Clash

White Paper
Municipalities may be able to ensure compliance with environmental regulations by oil and gas companies and minimize some of the environmental harms associated with fracking, even when they cannot enact outright bans on the practice.

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Ex-Chesapeake CEO Aubrey McClendon Indicted Over Lease Bid Rigging

News
Aubrey McClendon, the co-founder and former chief executive officer of Chesapeake Energy Corp., was indicted on charges that he conspired to rig bids for the purchase of oil and natural gas leases in northwest Oklahoma, reports Bloomberg.

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Reflections on the BLM’s Proposed Methane and Waste Reduction Rule

Reflections on the BLM’s Proposed Methane and Waste Reduction Rule

Article
An article on Van Ness Feldman’s website examines key legal and policy changes in the proposed federal methane and waste reduction rule for oil and gas production on public and tribal lands.

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Taylor Energy Executive Blames Decade-Old Oil Leak on ‘Act Of God’

NEWS
A decade-old oil leak that could last for another century was caused by an “act of God” during a hurricane in the Gulf of Mexico, the president of the company responsible said Wednesday.

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Winter 2015-2016 – Good Tidings Ahead?

Winter 2015-2016 – Good Tidings Ahead?

On-Demand
Platts has posted an on-demand webinar reviewing the natural gas markets winter-to-date and a taking forward look at the first quarter of 2016.

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