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Exploration and Production Assets Energy Exploration Oil & Gas

Gray Reed

PSA Well Permit Dispute Makes its Way to the Texas Supreme Court

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Contacted at his seaside villa, Captain Renault said he was shocked that Elsie and Adrian Opiela are asking the Texas Supreme Court to review questions surrounding the Railroad Commission’s approval of a drilling permit for a...more

Pillsbury Winthrop Shaw Pittman LLP

Oil Regulation 2020: United States

Key commercial aspects - 1 Describe, in general terms, the key commercial aspects of the oil sector in your country. The US oil industry is divided into three sectors: • upstream (exploration and production); •...more

Gray Reed

Who Said What at the Railroad Commission Market Demand Prorationing Hearing?

Gray Reed on

We read the comments and listened in on portions of the historic April 14 hearing on the proposal that the Commission order market demand prorationing of Texas oil and gas production. Of the 120+ written comments, 51...more

Opportune LLP

Permian Oil & Gas Production: What to Make of WTI Midland Basis?

Opportune LLP on

With improvements in technology driving down the breakeven cost for the production of oil in the rich shale plays of West Texas, the Permian Basin has become more attractive to exploration and production (E&P) companies over...more

Bricker Graydon LLP

EIA: Appalachia natural gas production soars over past five years

Bricker Graydon LLP on

A federal agency reports that shale gas production in Appalachia, including from the Marcellus and Utica shale plays, has jumped more than 14 billion cubic feet per day (Bcf/d) since 2012, according to Kallanish Energy....more

Pillsbury Winthrop Shaw Pittman LLP

Oil Regulation 2017 - United States

Describe, in general terms, the key commercial aspects of the oil sector in your country. The US oil industry is divided into three sectors: upstream (exploration and production), midstream (processing, storage and...more

Latham & Watkins LLP

‘Fit for 50’ – Restructurings Likely as Oil Industry Enters New Normal

Latham & Watkins LLP on

Prior to the recent collapse in oil values, prices existed at over $100 a barrel for over three years. It made the economics of oil exploration, production and sale comparatively straightforward, but embedded costs into the...more

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