Wednesday, January 29, 2025

Law

Drilling Slowdown Challenges, Invigorates Oilfield Service Providers -Oil & Gas 360 -gastar oklahoma double pump

How Will Higher Taxes Impact Oklahoma?

From NewsOK Participants in Tuesday’s energy chat on NewsOK asked how recently approved increases in taxes on Oklahoma wells might impact the ongoing resurgence of the state’s oil and gas industry, among other things. The Oklahoman’s energy writers, Adam Wilmoth and Jack Money, fielded the questions. This is an abridged transcript of that conversation: Q: How does Oklahoma’s gross production tax

Another Approval in Merger of WGL Holdings and AltaGas

The Maryland Public Service Commission gave its blessing Wednesday, allowing the combination of WGL Holdings, Inc. (ticker: WGL) with AltaGas Ltd. (ticker: ALA) to proceed. The $4.5 billion merger brings together two energy companies. The commission voted 4 to 1 in favor of the merger. Maryland PSC joins the Virginia State Corporation Commission, FERC, FTC, DOJ, and the Committee on

The Scrum Begins: How States are Using the Clean Water Act to Stop Pipelines

Oil & Gas 360® recently interviewed John P. Englert, an environmental law lawyer with Saul Ewing Arnstein & Lehr LLP. Englert counsels a wide array of industrial and energy clients on environmental safety and health matters. In our interview with Englert, we talked about the Clean Water Act, and how some states are using it to block pipeline construction. What

Martinez v. COGCC: Opening Briefs at the Colorado Supreme Court

Case background The beginning of the Martinez v. COGCC case dates back to November 15, 2013, when petitioners Xiuhtezcatl Martinez, Itzcuahtli Roske-Martinez, Sonora Brinkley, Aerielle Deering, Trinity Carter, and Emma Bray, minors appearing by and through their legal guardians Tamara Roske, Bindi Brinkley, Eleni Deering, Jasmine Jones, Robin Ruston, and Diana Bray, petitioned the Colorado Oil and Gas Conservation Commission

Canadian Railways in a Catch-22 Over Crude Shipment

From Reuters Canadian railway operators see a lucrative opportunity to transport more crude oil to the United States as a rise in output force producers to find new routes to its southern neighbor. However, their need for long-term contracts and the pressure to move a surplus of grains in the country is making it hard to cash-in on the prospect.

16 Contracts Awarded to 12 Bidders in Mexico’s Shallow Water Auction Round 3.1

Results of Mexico’s Shallow Water Auction – Round 3.1 18 bidders participated in the event 16 contracts were tendered to 12 bidders On Tuesday, the opening of bids and awarding of exploration and hydrocarbons production contracts for the First Tender of Round Three Shallow Water GOM were held in a public session that included a live webcast by Mexico’s CNH.

Appeals Court: New York Can’t Stop Millennium Natural Gas Pipeline to New Power Plant

Last week, the U.S. Court of Appeals for the Second Circuit issued a decision that the New York Department of Environmental Conservation (DEC) had waived its right to block the Millennium Pipeline Company’s application to construct a 7.8-mile pipeline that would transport natural gas to a natural gas power plant in Wawayanda, NY. The pipeline project, named the Valley Lateral

Colorado Gov. Names ‘Local Control’ Attorney Robbins Director of COGCC - Oil & Gas 360

Colorado High Court Set to Hear Opening Briefs for Martinez v. COGCC

Oil & Gas 360® has learned that the Colorado Supreme Court will hear the opening briefs for Martinez v. COGCC (docket number 2017SC297) on April 2, 2018. It’s a meaningful case because the outcome could force a change to the criteria which Colorado’s oil and gas regulator—the Colorado Oil and Gas Conservation Commission (COGCC)—must use when approving or denying permits

Unprecedented 10,000 Oil & Gas Drilling Permit Applications Stymie Wyoming

From the Casper Star Tribune Wyoming current rig count: 30; drilling applications suddenly in the queue: 10,000 “I do not believe, based on my 36 years with the WOGCC, that we have had (approximately) 10,000 permits waiting to be processed” – WOGCC Director Mark Watson  State regulators forced to rework priorities to face Wyoming’s 5-year oil and gas backlog: ‘drill

United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 - Oil & Gas 360Perry Final Portrait Cropped_0

Tariffs Not Yet Final: Perry

From Reuters U.S. Energy Secretary Rick Perry said on Wednesday he was “not sure” if President Donald Trump had made up his mind about levying tariffs on imported steel and aluminum. Trump wants to protect American workers against countries that engage in unfair trade practices, but “I’m not sure he has made up his mind” on the tariffs, Perry said

Exclusive interview Oil & Gas 360 - Wyoming Governor Matt Mead

Wyoming’s Oil and Gas Tax Cut Fails

From the Casper Star-Tribune A bill granting tax exemptions to oil and gas companies failed Monday in the Wyoming House after sailing through the Senate. The bill’s sponsor, Sen. Eli Bebout, R-Riverton, argued that cutting severance taxes in the third and fourth year of production for new wells would incentivize more drilling in Wyoming. Oil and gas wells produce the

Federal Oil Lease Sale Paused After Outcry

From Reuters U.S. Interior Secretary Ryan Zinke said on Monday he has postponed a second federal oil and gas lease sale planned for March in less than a week in response to local opposition to the possibility of drilling near national parks and monuments. Zinke said the Interior’s Bureau of Land Management (BLM) will remove 17,300 acres out of the