Energy Exploration

News & Analysis as of

New York State Assembly Passes Three-Year Fracking Moratorium – Senate Vote Unlikely

On Monday, the New York State Assembly voted 89-34 in favor of a three-year statewide moratorium on hydraulic fracturing. But with the legislative session ending in just a few days, the Senate appears unlikely to take up the...more

Ghana – A Further Push for Transparency in the Petroleum Sector

Many countries rich in natural resources are notorious for secrecy, corruption, and the mismanagement of revenues from oil and gas activities. But Ghana, following the success of its Jubilee development brought on stream in...more

Energy Litigation Update: Measure of Damages for Breach of a Contract to Drill Exploratory Oil or Gas Well: U.S. and English Law.

Measure of Damages for Breach of a Contract to Drill Exploratory Oil or Gas Well - U.S. and English Law. With recent increasing frontier exploration activity, greater attention has fallen on the value of work...more

Focus on Regulatory Law - June 2014

In This Issue: Regulatory Authorities - ..Securities and Market Authority ..Authority for the Regulation of Electronic Communications ..Data Protection Authority ..Commission Nationale Informatique et...more

New Regulation for Exploration and Production of Hydrocarbons in Poland

On May 7, 2014, the Polish Parliament debated the next version of the bill to amend the Act on Mining and Geological Law of April 23, 2014 (the “Bill”). The Bill introduces new approaches with respect to the...more

Condition Precedent Sinks Chesapeake

A condition precedent was the issue in Preston Exploration Company, et al v. Chesapeake Energy Corporation. This opinion was the result of the parties’ second visit to the federal Fifth Circuit Court of Appeals. In the first...more

Oil Exploration Opportunities Open up in Mexico

By the end of 2013, Mexico had opened its state-run petroleum sector after over seven decades of being monopolized by Pemex. Now, the country is taking full advantage of this change in the constitution and preparing itself to...more

New Exploration Technologies Give Rise to Unclaimed Property Compliance Issues

The recent expansion of oil and natural gas exploration and production activities in previously unprofitable areas has brought increased attention to issues surrounding compliance with state unclaimed property laws. Producers...more

Texas Environmental Update - January 2014

We are pleased to provide you with this issue of Bracewell's Texas Environmental Update, offering the latest news about permitting, enforcement, regulatory developments, and other matters of interest to the regulated...more

Louisiana Court of Appeal Rejects Plaintiff's Attempt to Join Claims of Contamination of Separate Parcels with Different Lessees...

The Third Circuit Court of Appeal in Louisiana issued an opinion on December 11, 2013, that may have a profound impact on litigation related to contamination from historic oil and gas exploration and production operations in...more

Potential Amendments to the Kazakhstan Legal Regime for Exploration and Production of Oil and Gas

New amendments to the legal regime for exploration and production of oil and gas in Kazakhstan have been developed by a government working group. Affecting the Subsoil Use Law, the Code on Administrative Violations and...more

Mexico Opens Up Its Energy Industry: The Liberalization of Mexico’s Energy Sector May Lead to New Opportunities for Investors

Mexico’s president, Enrique Peña Nieto, introduced a reform in August 2013, according to which the Mexican state will give up absolute control over the supply of oil, gas and electricity. The relevant bill changing the...more

Pennsylvania Supreme Court Weighs in on Amendments to Pa. Oil and Gas Act

In a recent decision, the Pennsylvania Supreme Court held as unconstitutional several provisions in Act 13, which, in part, amended Pennsylvania's Oil and Gas Act to permit oil and gas operations in all zoning districts....more

Revisiting the Mexican Energy Reform Part 1 of 3

I made an early review of the Mexican Energy Reform. Now it is time to revisit in full. This is part 1 of 3 for a series of posts trying to construe the recently approved Mexican Energy Reform. Despite the political opinions,...more

Historic reform in Mexico clears the way for foreign investment in energy sector: 5 key aspects

The energy reform proposed by Mexico’s Peña Nieto administration has been approved by the Mexican Congress and, in rapid succession, by a majority of the Mexican state legislatures. This sweeping, historic reform amends the...more

Listing an Overseas Oil and Gas Company on the London Stock Exchange

Introduction - The London Stock Exchange (the “LSE”) has long provided an attractive forum for companies with oil and gas operations outside of the United Kingdom to seek and obtain access to foreign capital markets...more

Surface Owner’s Regulatory Taking Claim Denied

In Walton v. City of Midland, the surface owner of a 35 acre tract within the city limits of Midland, Texas, contended that a provision in a city permit for an oil or gas well was a regulatory taking because it required the...more

Texas Supreme Court Set to Hear Case Involving Subsurface Trespass Claim

Last week, the Texas Supreme Court agreed to hear a suit that could determine whether landowners in the state have a cause of action for trespass when water from underground injection wells migrates onto their property. The...more

Representatives Object To Exemption From Resource Extraction Rule Disclosures

Congress is working to reconcile differing versions of legislation to implement an Obama Administration deal with Mexico to develop oil and gas resources in the Gulf of Mexico. Three Democratic lawmakers recently wrote...more

New Regulations bring Alberta One Step Closer to Establishing a “Single Energy Regulator”

As of November 30, 2013, the Alberta Energy Regulator (AER) will take over administration of the Public Lands Act and the exploration provisions of the Mines and Minerals Act insofar as the legislation applies to energy...more

Recent Changes to Offshore Drilling Regulations

Background - The Regulations Designating Physical Activities (the Regulations) determine which projects will fall within the scope of the Canadian Environmental Assessment Act, 2012 (the Act) for the purposes of...more

Open for Business – A Reform Wave to Hit the Australian Resources Sector

The new Commonwealth Government has flagged a number of reforms to kick-start the next phase of exploration, productivity and production in the mining and petroleum industries. The Government has expressed an urgent need to...more

Capital Infusion: The Necessity for Expanding Due Diligence in Oil & Gas Exploration & Production Deals

The exploration and production, or “E&P” segment of the domestic energy business is booming, particularly the unconventional oil plays in South Texas, West Texas, Pennsylvania, North Dakota and the Rocky Mountain region....more

The Shale Play Today - September 2013

In This Issue: - Deeper Resources: Rotruck Joins Spilman - EQB Proposes Substantial Increases in Permit Fees for Unconventional Wells - Oil & Gas Lessees Retain Important Rights in W.Va. - Pa. Shale Industry...more

California Enacts New Hydraulic Fracturing Legislation

On Friday, California Governor Jerry Brown signed new legislation to regulate hydraulic fracturing. The law—which is scheduled to go into effect on January 1, 2014—is California’s first comprehensive regulation of fracturing...more

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