News & Analysis as of

Energy Exploration

North Sea Decommissioning - The Challenges Ahead

Where are we now? It all sounds simple enough. The dual objectives of the UK government today in relation to petroleum production from the North Sea are to maximise the economic recovery from domestic reserves and, once...more

Casing Controversy: Comparative Fault Codal Article Concerns Contract Claims Only

by Liskow & Lewis on

In Justiss Oil Company, Inc. v. Oil Country Tubular Corp., et al, the Louisiana Third Circuit Court of Appeal joined its sister circuit –the Louisiana Fourth Circuit Court of Appeal, in finding that La. Civ. Code art. 2323...more

Energy Infrastructure and its Importance in Africa

by Hogan Lovells on

Consider this simple equation: Energy + Africa = Growth. The World Economic Forum on Africa ("WEFA") took place in Durban, South Africa from 3 to 5 May 2017. One of the key areas of focus that was discussed at WEFA was...more

Fifth Circuit Tosses Coastal Damage Tort Lawsuit Against Oil and Gas Companies

by Beveridge & Diamond PC on

Illustrating the challenges in using Louisiana tort suits to address large-scale environmental issues, the U.S. Court of Appeals for the Fifth Circuit dismissed claims seeking relief for alleged coastal damage from oil and...more

Hydrocarbons Win One and Lose One in Battles With Crawfish

by Gray Reed & McGraw on

In re: Louisiana Crawfish Producers arises out of the collision between two of Louisiana’s favored enterprises: crawfish and hydrocarbons....more

Significant Developments in Canadian Energy – For the Month of February 2017

by Dentons on

February 13, 2017 – Alberta celebrated the 70th anniversary of the discovery of oil at Leduc #1, which is considered by many to be the start of the modern oil and gas industry in the province. The Government of Alberta marked...more

Ohio Dormant Mineral Act does not automatically transfer oil and gas mineral rights to surface owners

by Reminger Co., LPA on

In a trio of decisions dated Sept. 15, 2016, the Ohio Supreme Court clarified the provisions of Ohio’s Dormant Mineral Act (ODMA) as it applies to the rights of surface and oil and gas mineral rights owners. First and...more

Mexico Hydrocarbons Commission Issues Criteria for Approving Farmouts of E&P Contracts

by Holland & Knight LLP on

According to Mexico's Hydrocarbons Law, the National Hydrocarbons Commission, or Comisión Nacional de Hidrocarburos (CNH), has the authority to previously approve alliances or associations that assign corporate control or...more

Oil Industry Custom and the Model Form JOA: A Debate

by Gray Reed & McGraw on

We begin with an existential question: “The philosophy behind all of the model form agreements is that aggressive drilling under the JOA should be promoted and rewarded. Agree or disagree? ...more

Significant Developments in Canadian Energy – For the Month of December 2016

by Dentons on

Conventional - December 15, 2016 – Athabasca Oil Corporation entered into agreements with Statoil ASA and its wholly owned subsidiary Statoil Canada Ltd. to acquire their Canadian thermal oil assets for consideration...more

CNH Awards Public Bids for Deep-Water Hydrocarbon Production

by Holland & Knight LLP on

The Hydrocarbon National Commission, or Comisión Nacional de Hidrocarburos (CNH), published on Dec. 17, 2015, the call for the fourth international public bid for Round One, as part of the implementation of Mexico's energy...more

Significant Developments in Canadian Energy – For the Month of November 2016

by Dentons on

November 29, 2016 – Raging River Exploration Inc. closed a Viking consolidation transaction. The company acquired approximately 620 boe per day — 97 per cent light oil — of production and 24 net sections of land prospective...more

The Upstream Oilfield Services Industry in Western Canada - A Backgrounder

by Bennett Jones LLP on

Described by The Economist as “the unsung masters of the oil industry,” oilfield services are an integral and indispensable part of the oil and natural gas industry in Western Canada. Oilfield services companies are involved...more

Sanctions in Energy: Russia and Iran

by Dentons on

US and EU sanctions related to Russia and Iran have a direct and targeted impact on the energy sector. The sanctions regimes against Russia and Iran differ substantially and seem to be moving in different directions. In this...more

Russia Moves on the Regulation of its Arctic Continental Shelf Resources

In the course of the meeting held in September 2016 between President Putin and the Russian government, Mr Sergey Donskoy, the Minister for Natural Resources and the Environment, announced that it had been decided to impose a...more

Louisiana Statutory Penalties Imposed on Operator

by Gray Reed & McGraw on

If you’ve ever tried to escape penalties for the operator/producer’s failure to comply with La. R.S §30:103.1 and §103.2, take comfort in XXI Oil & Gas, LLC v. Hilcorp Energy Company. You are not alone. No excuse has...more

Iran Issues Pre-qualification for Upstream Tenders

by Dentons on

Iran is said to be targeting an increase in oil production from 3.85 to 4 million barrels per day by the end of 2016. Iran is also hoping to start export of a new heavy oil, called West Karun, and which is expected to compete...more

UK Shale: Full Steam Ahead for Fracking?

On 6 October 2016, the UK's Secretary of State for Communities and Local Government, Sajid Javid, overruled local councillors on appeal and approved Cuadrilla's plans to explore for shale gas in Lancashire. Cuadrilla has been...more

Significant Developments in Canadian Energy – For the Month of September 2016

by Dentons on

September 27, 2016 – In connection with a state visit to China by Canadian Prime Minister Justin Trudeau, Sinoenergy Corporation Ltd. announced its intention to support the operations of Long Run Exploration Ltd. by the...more

Back to the Bulgarian Bad Guy, So Say the Justices

by Gray Reed & McGraw on

My blogging sensei Cordell Parvin says the title should always inform the reader of the content. Mea culpa on this one; I couldn’t resist the alliterations. Some time back I reported on Carlton Energy Group et al v....more

Significant Developments in Canadian Energy – For the Month of August 2016

by Dentons on

Conventional - August 2, 2016 – Quattro Exploration and Production Ltd. has signed a letter of intent for the sale of certain oil and gas production facilities and lands in Western Canada to an Alberta-based oil and gas...more

Trion Farmout

by White & Case LLP on

On July 28, 2016, the Mexican National Hydrocarbons Commission ("CNH") published a call for tenders and the corresponding bid guidelines (the "Bid Guidelines") for the International Public Tender CNH-A1-Trion/2016 process, to...more

India: A False Dawn for Foreign OSV Owners

by Reed Smith on

India’s ambitious drive to reduce dependence on foreign hydrocarbon imports is expected to spur almost US$30 billion of exploration and production investments including in the offshore sector. An increase in offshore...more

Significant Developments in Canadian Energy – For the Month of July 2016

by Dentons on

Conventional - July 26, 2016 – TORC Oil & Gas Ltd. entered into an agreement with Zargon Oil & Gas Ltd. to acquire light oil assets in southeast Saskatchewan. The acquisition includes 1,120 boe per day (roughly 95 per...more

Oil & Gas Sector in Mexico: The Mexican Government Announces Round Two | Publications

by Shearman & Sterling LLP on

On July 20, 2016, the Mexican government, through the Comisión Nacional de Hidrocarburos (National Hydrocarbons Commission) (“CNH”), published in the Diario Oficial de la Federación (the Federal Official Gazette) the Bidding...more

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