News & Analysis as of

Energy Sector Commercial Leases

Perkins Coie

Full Speed Ahead—BOEM’s Offshore Wind Leasing Strategy Sailing Toward Full Implementation in 2024

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Notwithstanding supply chain challenges, canceled power purchase agreements, and general economic and political uncertainty, the Bureau of Ocean Energy Management (BOEM) has continued its push to implement its renewable...more

ArentFox Schiff

Fortifying Your Data Center Lease: Key Considerations in Data Center Leasing

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The data center market has seen remarkable growth, reaching unprecedented levels in 2023 and is largely fueled by advances in cloud computing and artificial intelligence (AI). In response to growing demand, US tech giants...more

Perkins Coie

Floating Offshore Wind in the Gulf of Maine—BOEM Announces Next Steps Toward Development

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The Bureau of Ocean Energy Management (BOEM) announced on March 18, 2024, the identification of a final Wind Energy Area (WEA) of 2,000,902 acres for commercial leasing and potential development of floating wind on the Outer...more

Latham & Watkins LLP

Momentum Builds Towards California Offshore Wind Reality

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California’s first upcoming offshore wind lease sale, scheduled for December 6, 2022, is the next major step forward for clean energy in the Golden State. The Bureau of Ocean Energy Management (BOEM) and the State of...more

Hogan Lovells

Wenn das Gas knapp wird - Auswirkungen der Gaskrise auf Gewerberaummietverträge

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Deutschland befindet sich in einer Energiekrise. Mit Sorge blicken derzeit viele Vermieter und Mieter auf die kalte Jahreszeit und die bald beginnende Heizperiode. Die Preise für Erdgas und Heizöl schießen durch die Decke,...more

Hogan Lovells

Teil 2: Photovoltaik – Wissenswertes für den Eigentümer einer Gewerbeimmobilie

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Dieser Beitrag befasst sich mit den Besonderheiten, auf die ein Eigentümer einer gewerblich genutzten Immobilie bei dem Betrieb einer Photovoltaikanlage achten muss, damit das Investment nicht nur ökologisch, sondern auch...more

Harris Beach PLLC

Municipal Solar Procurement Toolkit Supports Project Development on Underused Land

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There’s a bright side to everything, even landfills and brownfields; and now municipalities have a toolkit to reveal it. This week, the New York State Energy Research and Development Authority (NYSERDA) announced a new...more

Opportune LLP

Tax Considerations for Energy Companies When Implementing New Lease Standards Under ASC 842

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On February 25, 2016, FASB issued its new lease accounting standard update (ASU) No. 2016-02, Leases, which codified ASC Topic 842 (Topic 842). Topic 842 is effective for calendar year-end public companies on January 1, 2019....more

Bradley Arant Boult Cummings LLP

A Lesson on Good Faith and Fair Dealing in Solar Construction

Late last year, a federal trial court in New York awarded a solar development company $11.6 million in damages against Suffolk County arising out of a dispute on a multi-site carport solar construction project. The basis for...more

Beveridge & Diamond PC

Executive Order Charts New Path For Offshore Energy Development

On April 28, 2017, the Trump administration issued an Executive Order entitled “Implementing an America-First Offshore Energy Strategy.” This EO calls for expanded oil and gas leasing in areas of the U.S. Outer Continental...more

Gray Reed

Production-in-Paying-Quantities Analysis Confirmed

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In BP America v. Laddex, Ltd. the Texas Supreme Court affirmed that in a lease termination case the trial court cannot limit the jury’s consideration of production in paying quantities to an arbitrary time period. The court...more

Blake, Cassels & Graydon LLP

Of Formal Offers and Multipliers: Court of Appeal Explains Costs Consequences in Key Oil and Gas Decision

In Stewart Estate v. TAQA North Ltd, (Decision) the Alberta Court of Appeal (Court) released its costs decision after a complex and lengthy appeal involving multiple appellants and respondents involved in a dispute regarding...more

Spilman Thomas & Battle, PLLC

The Best Protection: Safeguards in Purchasing Distressed Oil and Gas Assets

In the current environment of depressed prices for oil, natural gas and related liquids, oil and gas wells, leases and properties are coming on to the market for sale. These assets typically are made available through either...more

Blank Rome LLP

Foundation: December 2015 • Vol. II, Issue 3

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As we now find ourselves in the midst of Q4 with the holiday season rapidly approaching, it is safe to say that 2015 was a rather dynamic year across the board. The real estate market being no exception, we expect great...more

K&L Gates LLP

Pennsylvania Appeals Court Issues Decision Curtailing Oil and Gas Owners’ Ability to Terminate Their Leases

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Forfeiture clauses are common in many legacy oil and gas leases in Pennsylvania and are often relied upon by oil and gas owners/lessors seeking to terminate their leases in order to seek more financially lucrative...more

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