Oil & Gas

News & Analysis as of

The President’s Methane Reduction Strategy – Here’s What Energy Companies Need to Know

President Obama recently released a Strategy to Reduce Methane Emissions (Strategy) that sets forth a multi-pronged plan for reducing methane emissions both domestically and globally. Domestically, the plan is to focus on...more

Study Suggests EPA Underestimated Natural Gas Methane Emissions, But Not for Fracking, and EPA Releases Study Examining Fracking...

In several recent studies on methane emissions relating to the natural gas industry, scientists concluded that the U.S. Environmental Protection Agency (EPA) underestimated the quantity of methane the industry releases to the...more

The Fish and Wildlife Service Lists the Lesser Prairie-Chicken as a Threatened Species Under the Endangered Species Act

On March 21, 2014, the United States Fish and Wildlife Service (FWS) promulgated a final rule which lists the Lesser Prairie-Chicken (LPC) as a “threatened” species under the Endangered Species Act (ESA). Under the ESA, a...more

Mandatory Reporting Standards For Payments By Extractive Industry Companies

The Government of Canada recently issued a Consultation Paper regarding proposed mandatory reporting standards (the proposed standards) for payments by extractive industry companies to governments, both domestic and foreign,...more

Ideas On Energy: Mid-Atlantic Energy Technology Forum Looks To The Industry’s Future

The future of the energy industry; the technologies with the potential to impact energy exploration, delivery and efficiency; and the energy industry investment climate were on the agenda at the 6th Annual Mid-Atlantic Energy...more

Ohio Links Earthquakes to Fracking, Toughens Drilling Rules Near Fault Lines

The Ohio Department of Natural Resources (ODNR) is tightening permit conditions for horizontal drillers after a report from state geologists found a “probable connection” between hydraulic fracturing and a string of small...more

A Cost-Free Royalty Clause That Works – Part Two: The Override

Welcome to part two of the hair-splitting decision in Chesapeake Exploration, L.L.C. v. Hyder. See our prior post about the basic facts....more

D.C. Circuit Upholds Power Plant Mercury and Air Toxics Standards

The D.C. Circuit has upheld a 2012 EPA rule limiting air toxics emissions from coal- and oil-fired power plants. The rule, commonly known as the Mercury and Air Toxics Standards, or “MATS,” requires new and existing coal-...more

Mexico Projects Part III: Round Zero

As a follow-on to our client alerts “México Projects: Get Ready, Get Set . . .” and “México Projects Part II: Off to the Races!,” this alert summarizes one of the next steps of the Constitutional reforms opening both the oil...more

FERC Decision Rejects Oil Pipeline's Petition for Declaratory Order Approving Contract Rates, Special Prorationing Methodologies...

FERC recently issued a decision in which, for the first time, it denied an oil pipeline's petition for a declaratory order seeking FERC's approval of the pipeline's proposed rate structure and terms of service, prorationing...more

Capital Wrap-Up April 2014 #1

In response to the recommendations made by the Governor’s Task Force on Child Protection, six child protection bills made it to the Governor’s desk this week. Two of those bills have been signed....more

Native Gas And Storage Gas: Who Owns It?

Northern National Gas Company vs. Approximately 9117 Acres in Pratt, Camden and Reno Counties, Kansas shows the relationship between Kansas oil and gas law and the Kansas Underground Storage Act (KSA §55-1201 et seq)....more

EPA, Army Corps Propose New Rule to Govern Federal Clean Water Act Jurisdiction

Intended to clarify confusion from prior US Supreme Court decisions, the rules could have far-reaching implications for many stakeholders. The US Environmental Protection Agency (EPA) and the US Army Corps of...more

Pemex Requests Mexico E&P Areas from SENER

On March 21, 2014 Petróleos Mexicanos (Pemex) submitted its "round zero" proposal to the Secretaría de Energía (SENER), Mexico's department of energy. Although the details of the proposal are not yet public, SENER has...more

Energy Newsletter - April 2014

In This Issue: - UK Shale Exploitation: Securing Subsurface Access Rights - Taking the Road Best Travelled? CFE seeks electric-gas "convergence" - Pemex Requests Mexico E&P Areas from SENER -...more

Radioactivity In The Oilfield: North Dakota Issues Material Handling Regulations Impacting Oil And Gas Operations

On April 10, 2014, the North Dakota Industrial Commission (NDIC) announced new permit requirements for oil, gas and saltwater disposal wells. The new regulations, which go into effect on June 1, are targeted at the proper...more

Development of Horizontal Drilling Techniques Drives Global Demand for Associated Fluids and Chemicals

Research and Markets, a leading international market research and market data firm, has released its report on Global Trends and Forecasts for Fracking Chemicals and Fluid Markets. The report estimates that the global...more

UK Shale Exploitation: Securing Subsurface Access Rights

In February, King & Spalding was invited to participate in an access rights workshop run by UK oil and gas regulator, the Department for Energy & Climate Change ("DECC"). The purpose of the workshop was to invite...more

Federal Court Upholds First Offshore Oil And Gas Lease Sales After Gulf Oil Spill

On March 31, 2014, the U.S. District Court for the District of Columbia issued a memorandum opinion upholding the approval, by the Bureau of Ocean Energy Management, of the first oil and gas lease sales in the Gulf of Mexico...more

BP Updates for 2014: Second Oil Spill in Lake Michigan and DWH Settlement Recap

The claimant eligibility for the DWH settlement agreement reaches just under the $5 billion mark this month, meanwhile BP’s Indiana based Whiting Refinery leaks an estimated 1600 gallons of crude oil into Lake Michigan. BP...more

Is There a De Facto Moratorium on Well Stimulation in California?

SB 4 did not place a moratorium on the use of hydraulic fracturing or other well stimulation treatments. SB 4 specifically states that so long as an operator complies with the notification and documentation requirements...more

Hydraulic Fracturing Update: Legal Developments and Trends

On a March 18, 2014 webcast, a panel of senior US Latham & Watkins lawyers from our Environmental Department provided an overview of recent key developments related to hydraulic fracturing. Presented below are answers to some...more

Mexican Energy Reform Progress Report - Two Steps Forward, One Step Back

Finalization of Mexico’s energy reforms is accelerating and specific foreign investment opportunities are emerging, but detailed “Secondary Legislation” will likely be delayed to late April or a special congressional session...more

Oil and Water – How the Galveston Oil Spill Proved The Two Don’t Mix

The Galveston Bay oil spill occurred, coincidentally, on the 25th anniversary of Exxon Valdez oil spill in Prince William Sound, Alaska. The Exxon Valdez oil spill is now considered to be one of the worst environmental...more

ExxonMobil Admits Climate Change Is Real. It also Imposes an Internal Cost on Carbon. Still Not Enough to Get Any Love From the...

Last week, in response to shareholder requests that it disclose information regarding how climate change might affect it in the future, ExxonMobil released two reports, one titled Energy and Climate, and one titled Energy and...more

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