A report issued by energy law firm Steptoe & Johnson titled, “Below The Surface: The Legal Challenges of Shale Gas Production.” The report is based on interviews with 96 energy services buyers at 56 companies (mostly drillers). The survey found that the biggest legal issue faced by drillers is real estate.
'Energy Leadership Begins In The Mirror' By Satya Das, Principal - Cambridge ...poushali
The document summarizes a presentation given at the Canadian Crude Oil Conference in Lake Louise, Alberta. It discusses how Canada can become a clean energy superpower by using its oil sands wealth to fund the transition to sustainable energy. It proposes a natural resource severance tax on oil production that would generate revenue to accelerate the development of low-carbon industries and renewables. The document also summarizes the results of a survey of Albertans that found most believe the oil sands are important to Alberta's prosperity but there are concerns about environmental responsibility and political leadership.
Satya Das of Cambridge Strategies Inc. presented to the Canadian Crude Oil Conference in September 2010 on Albertan values surrounding oilsands development and the future of the oilsands.
BoyarMiller Breakfast Forum: Perspectives on the Energy Industry 2019BoyarMiller
As part of its ongoing Breakfast Forum series, BoyarMiller gathered industry experts for a moderated discussion on the Perspectives on the Energy Industry 2019. Speakers included with Piper Jaffray, Matt McCarroll with Fieldwood Energy LLC, and Laura Schilling, of Pumpco Services.
A discussion of the best way to get a job using an attorney recruiter or a legal recruiter. The best way to find attorney jobs with an attorney recruiter.
The document discusses the benefits of propane autogas as a transportation fuel, noting that it can provide a 40% reduction in fuel costs compared to gasoline or diesel, has lower emissions, and is domestically produced and price stable. It also provides an overview of Roush CleanTech's propane fuel system products for vehicles like Ford E-Series vans and F-Series trucks, and touts the company's experience converting vehicles to alternative fuels.
The price of gas is driven primarily by the supply and demand of crude oil. When US domestic oil production increased through improved fracking technology, it caused a dramatic drop in crude oil prices. Lower crude oil prices mean lower gas prices for consumers, saving the average driver $600-700 per year. Gas prices in Terre Haute are higher than in Indianapolis due to Terre Haute's distance from oil refineries and pipelines.
NGGPI Presentation August 31 2017 .3 4823-7028-5390 v.1Daniel Janich
This presentation addresses the current status of the FLSA overtime rules and CEO pay ratio rules and includes specific recommendations for HR personnel.
'Energy Leadership Begins In The Mirror' By Satya Das, Principal - Cambridge ...poushali
The document summarizes a presentation given at the Canadian Crude Oil Conference in Lake Louise, Alberta. It discusses how Canada can become a clean energy superpower by using its oil sands wealth to fund the transition to sustainable energy. It proposes a natural resource severance tax on oil production that would generate revenue to accelerate the development of low-carbon industries and renewables. The document also summarizes the results of a survey of Albertans that found most believe the oil sands are important to Alberta's prosperity but there are concerns about environmental responsibility and political leadership.
Satya Das of Cambridge Strategies Inc. presented to the Canadian Crude Oil Conference in September 2010 on Albertan values surrounding oilsands development and the future of the oilsands.
BoyarMiller Breakfast Forum: Perspectives on the Energy Industry 2019BoyarMiller
As part of its ongoing Breakfast Forum series, BoyarMiller gathered industry experts for a moderated discussion on the Perspectives on the Energy Industry 2019. Speakers included with Piper Jaffray, Matt McCarroll with Fieldwood Energy LLC, and Laura Schilling, of Pumpco Services.
A discussion of the best way to get a job using an attorney recruiter or a legal recruiter. The best way to find attorney jobs with an attorney recruiter.
The document discusses the benefits of propane autogas as a transportation fuel, noting that it can provide a 40% reduction in fuel costs compared to gasoline or diesel, has lower emissions, and is domestically produced and price stable. It also provides an overview of Roush CleanTech's propane fuel system products for vehicles like Ford E-Series vans and F-Series trucks, and touts the company's experience converting vehicles to alternative fuels.
The price of gas is driven primarily by the supply and demand of crude oil. When US domestic oil production increased through improved fracking technology, it caused a dramatic drop in crude oil prices. Lower crude oil prices mean lower gas prices for consumers, saving the average driver $600-700 per year. Gas prices in Terre Haute are higher than in Indianapolis due to Terre Haute's distance from oil refineries and pipelines.
NGGPI Presentation August 31 2017 .3 4823-7028-5390 v.1Daniel Janich
This presentation addresses the current status of the FLSA overtime rules and CEO pay ratio rules and includes specific recommendations for HR personnel.
Letter sent on Sept. 20, 2011 by 119 groups and associations to President Obama encouraging his administration to not further regulate hydraulic fracturing, but instead to support the practice as a way of creating thousands of new jobs.
The document discusses Enron's rise and fall and the causes of its corporate scandal. It summarizes how Enron grew rapidly through the 1990s by evolving its business model to focus on energy trading and contracts. However, cracks began to emerge in 2001 as Enron restated earnings and losses came to light. Enron filed for bankruptcy in December 2001 after it was revealed that special purpose entities were used to hide debt and losses. The failures of corporate governance mechanisms like the board, executives, and auditors allowed improper accounting practices that inflated financial reports and hid Enron's true financial situation.
This report discusses the need for improved disclosure of methane emissions from the oil and gas industry. Methane is a potent greenhouse gas and oil/gas operations are a major source. Better data transparency is important for investors to understand economic, regulatory, and reputational risks. Currently, methane disclosure is inadequate - no companies report reduction targets, and the quality and consistency of reported data limits its usefulness. The report provides recommendations to standardize methane metrics and improve accuracy and platforms for reporting, in order to enhance risk management for investors and companies.
This report discusses the need for improved disclosure of methane emissions from the oil and gas industry. Methane is a potent greenhouse gas and oil/gas operations are a major source. Better data disclosure would help investors understand and manage three key risks: economic risks from lost product, regulatory risks from emerging rules, and reputational risks. Currently, methane reporting is inadequate - no companies disclose reduction targets, data quality is low, and metrics are inconsistent. The report provides recommendations to standardize methane metrics and improve accuracy and platforms for reporting. This would benefit investors and companies by increasing operational efficiency and managing risks.
American Resources Corp. is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.
Performance Realty Management is an expert in Arizona foreclosed real estate and is launching Equity Pacesetter II, LLC to purchase undervalued residential properties at foreclosure prices. The $5 million fund aims to provide 8% annual dividends through rental income and capital appreciation by buying homes at half their replacement value in growing Phoenix neighborhoods. The management team has over 100 years of combined real estate and finance experience successfully executing this investment strategy.
Anadarko Petroleum Corporation is an independent oil and gas exploration and production company headquartered in The Woodlands, Texas. It has major operations in the United States, Canada, and Algeria, and generated $13.97 billion in revenue in 2011. Anadarko has four business segments: oil and gas exploration and production; midstream; marketing; and gas, oil, and natural gas liquids sales. It faces competition from companies like EOG Resources and Devon Energy in exploration and production, and suppliers include Schlumberger and Noble Corporation.
Republic Services is a leading U.S. recycling and waste disposal company. It has a large collection network across the country and has grown through acquisitions. The waste management industry faces opportunities from growing waste volumes but also costs from stricter regulations and competition. Technical analysis of Republic Services found most indicators point to a buy while Monte Carlo simulations showed a roughly even split between the stock finishing above or below the current price.
A new law passed by the West Virginia legislature during their 2014 session which imposes strict new regulations on chemical storage tanks. The measure comes in the wake of a chemical tank leak (related to coal mining) that temporarily polluted the drinking water for some 300,000 WV residents. The new law will also affect the shale drilling industry in the state.
Poll results from Harris Interactive (hired by the American Petroleum Institute) on American attitudes toward exporting natural gas. The poll was conducted in mid-May 2013 and found a large majority believe exports of natural gas will create jobs in the U.S., make this country more secure and reduce the trade deficit.
Remarks from Maria van der Hoeven on Launch of Medium-Term Gas Market Report ...Marcellus Drilling News
Remarks from the executive director of the International Energy Agency (IEA) on the release of a new edition of the Medium-Term Gas Market Report (MTGMR), for 2013. Remarks given at the launch event held at the International Economic Forum in St. Petersburg, Russia on June 20, 2013.
The Executive Summary of the International Energy Agency's (IEA) new edition of the Medium-Term Gas Market Report (MTGMR), for 2013. The new report predicts natural gas' piece of the worldwide energy picture will grow 2.4% from now until 2018. Growth in the U.S. continues rapidly. The report also says natural gas use in the transportation sector is about to rapidly increase around the world, thanks to U.S. shale gas.
This report summarizes the findings of a study conducted by West Virginia University to evaluate the construction and integrity of oil and gas wastewater pits and freshwater impoundments in West Virginia. Researchers conducted site evaluations of 15 pits and impoundments, which included comparing as-built conditions to permit plans, performing field observations, soil testing, and interviewing regulatory inspectors. The results found numerous deficiencies across sites including insufficient soil compaction, slope instability issues, liner problems, and lack of oversight and inspections. The report concludes that construction practices did not consistently meet standards and recommends improved regulatory guidelines and training to help ensure public and environmental safety.
The DeBrosse Memorial Report: 2012 Oil and Gas Activity in Ohio - an OOGA report chock-full of interesting charts and maps showing who drilled wells in Ohio, where they drilled them and how far (distance) the wells were drilled. A must-read for those with an interest in Ohio Utica drilling.
Letter from Toxics Targeting and Aligned Groups to Gov. Andrew Cuomo Asking f...Marcellus Drilling News
A letter sent from the director of Toxics Targeting, an extreme anti-drilling group in New York State, to Gov. Andrew Cuomo "requesting" that he end the current health impact review being performed by State Health Commissioner Nirav Shah and instead initiate a years-long health impact study. The aim to simply to prevent fracking from ever starting.
2016 Energy Outlook: Markets adapt amid volatile conditionsJLL
The document summarizes key themes from a 2016 energy outlook report, including: 1) Macroeconomic factors influencing energy markets, such as U.S. oil production growth outpacing Saudi Arabia and Russia; 2) The struggling state of oil and gas companies, with over $67 billion in bankruptcy debt and expected job losses; 3) Impacts on the upstream, midstream, and downstream sectors; 4) Increasing regulations and legislation hindering non-renewable energy expansion; 5) Growth in renewable energy supply and advances in technologies.
This document discusses opportunities for growth and development in the Ohio River Valley region through investments in petrochemical and downstream energy projects. It outlines some of the key strengths of the region, including abundant and low-cost natural gas feedstocks, proximity to large consumer markets, and potential for infrastructure investments. However, it also notes challenges such as midstream transportation bottlenecks, high construction costs, and workforce issues. The document advocates for collaboration across the public and private sectors to help navigate risks and maximize opportunities through coordinated infrastructure planning, financing models, and other enablers of major project development.
Letter sent on Sept. 20, 2011 by 119 groups and associations to President Obama encouraging his administration to not further regulate hydraulic fracturing, but instead to support the practice as a way of creating thousands of new jobs.
The document discusses Enron's rise and fall and the causes of its corporate scandal. It summarizes how Enron grew rapidly through the 1990s by evolving its business model to focus on energy trading and contracts. However, cracks began to emerge in 2001 as Enron restated earnings and losses came to light. Enron filed for bankruptcy in December 2001 after it was revealed that special purpose entities were used to hide debt and losses. The failures of corporate governance mechanisms like the board, executives, and auditors allowed improper accounting practices that inflated financial reports and hid Enron's true financial situation.
This report discusses the need for improved disclosure of methane emissions from the oil and gas industry. Methane is a potent greenhouse gas and oil/gas operations are a major source. Better data transparency is important for investors to understand economic, regulatory, and reputational risks. Currently, methane disclosure is inadequate - no companies report reduction targets, and the quality and consistency of reported data limits its usefulness. The report provides recommendations to standardize methane metrics and improve accuracy and platforms for reporting, in order to enhance risk management for investors and companies.
This report discusses the need for improved disclosure of methane emissions from the oil and gas industry. Methane is a potent greenhouse gas and oil/gas operations are a major source. Better data disclosure would help investors understand and manage three key risks: economic risks from lost product, regulatory risks from emerging rules, and reputational risks. Currently, methane reporting is inadequate - no companies disclose reduction targets, data quality is low, and metrics are inconsistent. The report provides recommendations to standardize methane metrics and improve accuracy and platforms for reporting. This would benefit investors and companies by increasing operational efficiency and managing risks.
American Resources Corp. is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical rare earth minerals for the electrification market, and reprocessed metal to be recycled. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated.
Performance Realty Management is an expert in Arizona foreclosed real estate and is launching Equity Pacesetter II, LLC to purchase undervalued residential properties at foreclosure prices. The $5 million fund aims to provide 8% annual dividends through rental income and capital appreciation by buying homes at half their replacement value in growing Phoenix neighborhoods. The management team has over 100 years of combined real estate and finance experience successfully executing this investment strategy.
Anadarko Petroleum Corporation is an independent oil and gas exploration and production company headquartered in The Woodlands, Texas. It has major operations in the United States, Canada, and Algeria, and generated $13.97 billion in revenue in 2011. Anadarko has four business segments: oil and gas exploration and production; midstream; marketing; and gas, oil, and natural gas liquids sales. It faces competition from companies like EOG Resources and Devon Energy in exploration and production, and suppliers include Schlumberger and Noble Corporation.
Republic Services is a leading U.S. recycling and waste disposal company. It has a large collection network across the country and has grown through acquisitions. The waste management industry faces opportunities from growing waste volumes but also costs from stricter regulations and competition. Technical analysis of Republic Services found most indicators point to a buy while Monte Carlo simulations showed a roughly even split between the stock finishing above or below the current price.
A new law passed by the West Virginia legislature during their 2014 session which imposes strict new regulations on chemical storage tanks. The measure comes in the wake of a chemical tank leak (related to coal mining) that temporarily polluted the drinking water for some 300,000 WV residents. The new law will also affect the shale drilling industry in the state.
Poll results from Harris Interactive (hired by the American Petroleum Institute) on American attitudes toward exporting natural gas. The poll was conducted in mid-May 2013 and found a large majority believe exports of natural gas will create jobs in the U.S., make this country more secure and reduce the trade deficit.
Remarks from Maria van der Hoeven on Launch of Medium-Term Gas Market Report ...Marcellus Drilling News
Remarks from the executive director of the International Energy Agency (IEA) on the release of a new edition of the Medium-Term Gas Market Report (MTGMR), for 2013. Remarks given at the launch event held at the International Economic Forum in St. Petersburg, Russia on June 20, 2013.
The Executive Summary of the International Energy Agency's (IEA) new edition of the Medium-Term Gas Market Report (MTGMR), for 2013. The new report predicts natural gas' piece of the worldwide energy picture will grow 2.4% from now until 2018. Growth in the U.S. continues rapidly. The report also says natural gas use in the transportation sector is about to rapidly increase around the world, thanks to U.S. shale gas.
This report summarizes the findings of a study conducted by West Virginia University to evaluate the construction and integrity of oil and gas wastewater pits and freshwater impoundments in West Virginia. Researchers conducted site evaluations of 15 pits and impoundments, which included comparing as-built conditions to permit plans, performing field observations, soil testing, and interviewing regulatory inspectors. The results found numerous deficiencies across sites including insufficient soil compaction, slope instability issues, liner problems, and lack of oversight and inspections. The report concludes that construction practices did not consistently meet standards and recommends improved regulatory guidelines and training to help ensure public and environmental safety.
The DeBrosse Memorial Report: 2012 Oil and Gas Activity in Ohio - an OOGA report chock-full of interesting charts and maps showing who drilled wells in Ohio, where they drilled them and how far (distance) the wells were drilled. A must-read for those with an interest in Ohio Utica drilling.
Letter from Toxics Targeting and Aligned Groups to Gov. Andrew Cuomo Asking f...Marcellus Drilling News
A letter sent from the director of Toxics Targeting, an extreme anti-drilling group in New York State, to Gov. Andrew Cuomo "requesting" that he end the current health impact review being performed by State Health Commissioner Nirav Shah and instead initiate a years-long health impact study. The aim to simply to prevent fracking from ever starting.
2016 Energy Outlook: Markets adapt amid volatile conditionsJLL
The document summarizes key themes from a 2016 energy outlook report, including: 1) Macroeconomic factors influencing energy markets, such as U.S. oil production growth outpacing Saudi Arabia and Russia; 2) The struggling state of oil and gas companies, with over $67 billion in bankruptcy debt and expected job losses; 3) Impacts on the upstream, midstream, and downstream sectors; 4) Increasing regulations and legislation hindering non-renewable energy expansion; 5) Growth in renewable energy supply and advances in technologies.
This document discusses opportunities for growth and development in the Ohio River Valley region through investments in petrochemical and downstream energy projects. It outlines some of the key strengths of the region, including abundant and low-cost natural gas feedstocks, proximity to large consumer markets, and potential for infrastructure investments. However, it also notes challenges such as midstream transportation bottlenecks, high construction costs, and workforce issues. The document advocates for collaboration across the public and private sectors to help navigate risks and maximize opportunities through coordinated infrastructure planning, financing models, and other enablers of major project development.
The document summarizes the state of the US oil and gas industry from 2000-2011, including key events, price fluctuations, production levels, and policy issues. It highlights the economic importance of the industry in Louisiana and challenges it faces, such as increased regulation, lawsuits, and a difficult legislative environment. Alternative fuels like CNG are also discussed as an opportunity for the industry.
This document contains a presentation by Ledger Partnerships about investing in oil and gas production. It discusses the company's strategy of purchasing producing oil and gas leases and consolidating them into portfolios to generate predictable cash flows. It notes the risks involved in oil and gas investments and that past performance is not indicative of future results. The presentation provides examples of production assets generating monthly revenues ranging from $9,000 to $110,000 and argues that current low oil and gas prices create opportunities to purchase production assets.
The document discusses recent developments and future paths for production of shale oil. It outlines activities by companies like Shell, Chevron, and Ecoshale related to research, pilot projects, and proposed regulations for shale oil production. It also discusses global shale oil production and resources, as well as potential influences on future shale oil production like environmental issues, socioeconomic impacts, and peaking of global oil supply.
This document discusses trends in U.S. energy consumption and production, focusing on natural gas and renewable energy. Natural gas production has boomed due to new drilling techniques, but overreliance on it poses risks. Renewable energy development has been incentivized through federal and state policies like tax credits and renewable portfolio standards, but faces challenges from low natural gas prices. Emerging renewable technologies like solar and offshore wind seek to further reduce costs and increase efficiencies.
Presentation Sub Saharan Africa (March 2012) (00167794)Elvis Angyiembe
This document provides an overview of recent developments in the oil and gas industry in Sub-Saharan Africa presented by Elvis Angyiembe of Burleson LLP. It discusses Africa's growing role as a source of oil and gas globally. It outlines the major oil producing countries in Sub-Saharan Africa like Nigeria, Angola, and Equatorial Guinea, as well as new and emerging producers. The document also discusses recent acquisitions, legal cases, and challenges facing the industry such as insecurity, piracy, and corruption. It predicts that Africa will continue to be an important source of oil and gas in the future.
The document provides an overview of Shell Oil's operations in Nigeria and the environmental and social problems that have resulted. It discusses how Shell's oil extraction and gas flaring have contaminated land and water, causing issues like acid rain. It also details protests by the Ogoni people over these problems, and the Nigerian government's violent response that led to executions, including of Ken Saro-Wiwa. The document analyzes potential recommendations for improving relations between Shell and the Ogoni community.
How oil and gas valuations are used in expert witness, trial law, estate planning, and divorce litigation. Also includes explanation of horizontal shale drilling (Marcellus, Utica, Eagle Ford, Scoop Stack).
- Many aging US shale wells are producing at very low rates, with over 30% under the stripper well classification of 15 barrels of oil per day. As more time passes, the number of wells with significantly declining production is growing.
- Low production rates present economic challenges including the ability to cover fixed operating expenses, complete workovers, and support debt obligations. With many wells approaching the end of their economic life, asset retirement obligations for plugging and abandoning wells will continue increasing over time.
- Proper evaluation of aging well performance and long-term economics is important for assessing asset value in acquisition deals and portfolio management. Technical analysis can help address some of the "muddy waters" around investment decisions in mature
API Report: Oil and Natural Gas Stimulate Ohio Economic and Job GrowthMarcellus Drilling News
A report from the American Petroleum Institute that shows the incredible number of jobs and resulting economic growth that comes from shale drilling in the U.S. The study keys in on the role of "supply chain" companies--companies that sell good and services to the drilling industry.
This document discusses Propell Technologies Group, an oil and gas company that has licensed plasma pulse technology for enhanced oil recovery. The technology uses controlled plasma arcs to generate hydraulic impulse waves that clear perforation zones and increase permeability. It has been successfully used in over 200 wells in Russia and China, showing initial production increases of 87-100%. Propell has also seen success treating 27 wells in the US, with average initial production increases of 295%. The document outlines the company's management team, intellectual property, commercial applications, revenue models, and market opportunity for the plasma pulse EOR technology in the US.
The document summarizes the services provided by The Energy Exchange, which connects energy projects with funding sources. It has been operating since 1983 and was the first website in the petroleum industry. It has a network of technical and financial professionals who can provide services for projects ranging from $10 thousand to $10 billion. It aims to make "win-win" deals for project owners and investors.
This document is Devon Energy Corporation's 1998 annual report. It summarizes Devon acquiring Northstar Energy Corporation through a merger, creating a larger company with increased proved reserves and production. The merger brought Devon oil and gas properties and management experience in Canada, where opportunities were emerging due to improving natural gas pipeline infrastructure and access to US markets, opening previously unexplored regions. However, low oil prices in 1998 reduced Devon's revenues and led to a net loss for the year.
The document provides an overview of Panhandle Oil & Gas Inc. including its business model, assets, financials, and the macroeconomic outlook for oil and natural gas prices. Panhandle owns mineral rights that it can elect to receive royalties or working interests from. It has a large amount of low-cost mineral acreage but lacks control over operations to monetize assets. The company is well positioned to weather a downturn due to its strong balance sheet and ability to acquire additional assets. However, its revenue is entirely dependent on energy prices which are facing oversupply issues and weak demand internationally.
ECA Marcellus Trust is a publicly traded royalty trust will help privately held
Energy Corporation of America develop its Marcellus
assets without giving up operational control.
Final project fracking example power point only fall 2013 1Altman Heddens
The document discusses hydraulic fracturing (fracking) and its implications for a rural landowner in Ohio. It provides background on the fracking process and its controversy, noting debates around economic benefits versus environmental and health risks. The landowner's neighbor signed a gas lease for $4,000 per acre, and the document explores factors for the landowner to consider, like revenue, jobs, and uncertainty around long term impacts. It summarizes different stakeholder perspectives and the complex, uncertain research landscape around fracking.
Webinar on the PACE tool, hosted by Texas Living Waters Project and the Texas PACE Authority. Presenters included Jonathon Blackburn of Texas PACE Authority, Bill Hoffman of H.W. Hoffman & Associates LLC, and David Clements of Banyan Water.
Similar to Report: Legal Challenges of Shale Gas Production (20)
The document summarizes five key facts about the recovery of US shale oil production:
1) Rig counts have increased by 90% since bottoming out in May 2016 and are up 30% year-over-year, signaling increased drilling and production capacity.
2) While decline rates remain steep, production profiles have increased substantially due to technological advances, meaning aggregate supply will be stronger.
3) Preliminary data shows that net new shale supply turned positive in December 2016 for the first time since March 2015, recovering just 7 months after rig counts increased.
4) Increased drilling activity is supported by a large stock of drilled but uncompleted wells, demonstrating the recovery and expansion of the shale sector.
5)
Quarterly legislative action update: Marcellus and Utica shale region (4Q16)Marcellus Drilling News
A quarterly update from the legal beagles at global law firm Norton Rose Fulbright. A quarterly legislative action update for the second quarter of 2016 looking at previously laws acted upon, and new laws introduced, affecting the oil and gas industry in Pennsylvania, Ohio and West Virginia.
An update from Spectra Energy on their proposed $3 billion project to connect four existing pipeline systems to flow more Marcellus/Utica gas to New England. In short, Spectra has put the project on pause until mid-2017 while it attempts to get new customers signed.
A letter from Rover Pipeline to the Federal Energy Regulatory Commission requesting the agency issue the final certificate that will allow Rover to begin tree-clearing and construction of the 511-mile pipeline through Pennsylvania, West Virginia, Ohio and Michigan. If the certificate is delayed beyond the end of 2016, it will delay the project an extra year due to tree-clearing restrictions (to accommodate federally-protected bats).
DOE Order Granting Elba Island LNG Right to Export to Non-FTA CountriesMarcellus Drilling News
An order issued by the U.S. Dept. of Energy that allows the Elba Island LNG export facility to export LNG to countries with no free trade agreement with the U.S. Countries like Japan and India have no FTA with our country (i.e. friendly countries)--so this is good news indeed. Although the facility would have operated by sending LNG to FTA countries, this order opens the market much wider.
A study released in December 2016 by the London School of Economics, titled "On the Comparative Advantage of U.S. Manufacturing: Evidence from the Shale Gas Revolution." While America has enough shale gas to export plenty of it, exporting it is not as economic as exporting oil due to the elaborate processes to liquefy and regassify natural gas--therefore a lot of the gas stays right here at home, making the U.S. one of (if not the) cheapest places on the planet to establish manufacturing plants, especially for manufacturers that use natural gas and NGLs (natural gas liquids). Therefore, manufacturing, especially in the petrochemical sector, is ramping back up in the U.S. For every two jobs created by fracking, another one job is created in the manufacturing sector.
Letter From 24 States Asking Trump & Congress to Withdraw the Unlawful Clean ...Marcellus Drilling News
A letter from the attorneys general from 24 of the states opposed to the Obama Clean Power Plan to President-Elect Trump, RINO Senate Majority Leader Mitch McConnel and RINO House Speaker Paul Ryan. The letter asks Trump to dump the CPP on Day One when he takes office, and asks Congress to adopt legislation to prevent the EPA from such an egregious overreach ever again.
Report: New U.S. Power Costs: by County, with Environmental ExternalitiesMarcellus Drilling News
Natural gas and wind are the lowest-cost technology options for new electricity generation across much of the U.S. when cost, public health impacts and environmental effects are considered. So says this new research paper released by The University of Texas at Austin. Researchers assessed multiple generation technologies including coal, natural gas, solar, wind and nuclear. Their findings are depicted in a series of maps illustrating the cost of each generation technology on a county-by-county basis throughout the U.S.
Annual report issued by the U.S. Energy Information Administration showing oil and natural gas proved reserves, in this case for 2015. These reports are issued almost a year after the period for which they report. This report shows proved reserves for natural gas dropped by 64.5 trillion cubic feet (Tcf), or 16.6%. U.S. crude oil and lease condensate proved reserves also decreased--from 39.9 billion barrels to 35.2 billion barrels (down 11.8%) in 2015. Proved reserves are calculated on a number of factors, including price.
The document is a report from the U.S. Energy Information Administration analyzing oil and gas production from seven regions in the U.S. It includes charts and tables showing historical and projected production levels of oil and gas from each region from 2008 to 2017, as well as metrics like the average production per rig. The regions - Bakken, Eagle Ford, Haynesville, Marcellus, Niobrara, Permian, and Utica - accounted for 92% of domestic oil production growth and all domestic natural gas production growth from 2011-2014.
Velocys is the manufacturer of gas-to-liquids (GTL) plants that convert natural gas (a hyrdocarbon) into other hydrocarbons, like diesel fuel, gasoline, and even waxes. This PowerPoint presentation lays out the Velocys plan to get the company growing. GTL plants have not (so far) taken off in the U.S. Velocys hopes to change that. They specialize in small GTL plants.
PA DEP Revised Permit for Natural Gas Compression Stations, Processing Plants...Marcellus Drilling News
In January 2016, Gov. Wolf announced the DEP would revise its current general permit (GP-5) to update the permitting requirements for sources at natural gas compression, processing, and transmission facilities. This is the revised GP-5.
PA DEP Permit for Unconventional NatGas Well Site Operations and Remote Piggi...Marcellus Drilling News
In January 2016, PA Gov. Wolf announced the Dept. of Environmental Protection would develop a general permit for sources at new or modified unconventional well sites and remote pigging stations (GP-5A). This is the proposed permit.
Onerous new regulations for the Pennsylvania Marcellus Shale industry proposed by the state Dept. of Environmental Protection. The new regs will, according to the DEP, help PA reduce so-called fugitive methane emissions and some types of air pollution (VOCs). This is liberal Gov. Tom Wolf's way of addressing mythical man-made global warming.
The monthly Short-Term Energy Outlook (STEO) from the U.S. Energy Information Administration for December 2016. This issue makes a couple of key points re natural gas: (1) EIA predicts that natural gas production in the U.S. for 2016 will see a healthy decline over 2015 levels--1.3 billion cubic feet per day (Bcf/d) less in 2016. That's the first annual production decline since 2005! (2) The EIA predicts the average price for natural gas at the benchmark Henry Hub will climb from $2.49/Mcf (thousand cubic feet) in 2016 to a whopping $3.27/Mcf in 2017. Why the jump? Growing domestic natural gas consumption, along with higher pipeline exports to Mexico and liquefied natural gas exports.
This document provides an overview of the natural gas market in the Northeast United States, including New England, New York, New Jersey, and Pennsylvania. It details statistics on gas customers, consumption, infrastructure like pipelines and storage, and production. A key point is that the development of the Marcellus Shale in Pennsylvania has significantly increased domestic gas production in the region and reduced its reliance on other supply basins and imports.
The Pennsylvania Public Utility Commission responded to each point raised in a draft copy of the PA Auditor General's audit of how Act 13 impact fee money, raised from Marcellus Shale drillers, gets spent by local municipalities. The PUC says it's not their job to monitor how the money gets spent, only in how much is raised and distributed.
Pennsylvania Public Utility Commission Act 13/Impact Fees Audit by PA Auditor...Marcellus Drilling News
A biased look at how 60% of impact fees raised from PA's shale drilling are spent, by the anti-drilling PA Auditor General. He chose to ignore an audit of 40% of the impact fees, which go to Harrisburg and disappear into the black hole of Harrisburg spending. The Auditor General claims, without basis in fact, that up to 24% of the funds are spent on items not allowed under the Act 13 law.
The final report from the Pennsylvania Dept. of Environmental Protection that finds, after several years of testing, no elevated levels of radiation from acid mine drainage coming from the Clyde Mine, flowing into Ten Mile Creek. Radical anti-drillers tried to smear the Marcellus industry with false claims of illegal wastewater dumping into the mine, with further claims of elevated radiation levels in the creek. After years of testing, the DEP found those allegations to be false.
FERC Order Denying Stay of Kinder Morgan's Broad Run Expansion ProjectMarcellus Drilling News
The Federal Energy Regulatory Commission denied a request to stay the authorization of Tennessee Gas Pipeline Company's Broad Run Expansion Project. The Commission found that the intervenors requesting the stay did not demonstrate they would suffer irreparable harm if the project proceeded. Specifically, the Commission determined that the environmental impacts to forest and a nearby animal rehabilitation center would be insignificant. Additionally, conditioning authorization on future permits did not improperly encroach on state authority. Therefore, justice did not require granting a stay.
Acolyte Episodes review (TV series) The Acolyte. Learn about the influence of the program on the Star Wars world, as well as new characters and story twists.
An astonishing, first-of-its-kind, report by the NYT assessing damage in Ukraine. Even if the war ends tomorrow, in many places there will be nothing to go back to.
04062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
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Essential Tools for Modern PR Business .pptxPragencyuk
Discover the essential tools and strategies for modern PR business success. Learn how to craft compelling news releases, leverage press release sites and news wires, stay updated with PR news, and integrate effective PR practices to enhance your brand's visibility and credibility. Elevate your PR efforts with our comprehensive guide.
Here is Gabe Whitley's response to my defamation lawsuit for him calling me a rapist and perjurer in court documents.
You have to read it to believe it, but after you read it, you won't believe it. And I included eight examples of defamatory statements/
El Puerto de Algeciras continúa un año más como el más eficiente del continente europeo y vuelve a situarse en el “top ten” mundial, según el informe The Container Port Performance Index 2023 (CPPI), elaborado por el Banco Mundial y la consultora S&P Global.
El informe CPPI utiliza dos enfoques metodológicos diferentes para calcular la clasificación del índice: uno administrativo o técnico y otro estadístico, basado en análisis factorial (FA). Según los autores, esta dualidad pretende asegurar una clasificación que refleje con precisión el rendimiento real del puerto, a la vez que sea estadísticamente sólida. En esta edición del informe CPPI 2023, se han empleado los mismos enfoques metodológicos y se ha aplicado un método de agregación de clasificaciones para combinar los resultados de ambos enfoques y obtener una clasificación agregada.
2. Why this groundbreaking study?
Today, just a handful of resource plays, mainly
shales with an abundance of crude oil and liquids
targets, account for a substantial share of all
spending for land drilling and development in
the U.S. It’s a substantial opportunity that comes
with opportunity costs, including legal costs. As
a player in the field, Steptoe & Johnson set out to
map the legal issues, trends and, yes, expenses
below the surface of shale production. Let’s dig in.
$54 billion was
invested in
seven resource
plays in 2012.
Why this groundbreaking study?
OTHER Shales where participants are active
Haynesville Shale
Mississippi Lime/Mississippian
Niobrara Shale
Barnett Shale
Woodford Shale
Fayetteville Shale
New Albany Shale, IL Basin
Cline Shale, Permian Basin
Permian Basin
Wolfcamp, Permian Basin
Monterey Shale
Tuscaloosa Marine Shale
Utica Point Pleasant
Arkoma Basin
Brown Dense Formation
Codell Formation
Huron Shale
Kreyenhagen Formation
Lower Smackover Brown Dense Formation
Oriskany Formation
Pearsall Shale
Piceance Basin
Pinedale
Four shales account for most
activity among respondents
depth of
involvement
Marcellus Shale
Utica Shale
Eagle Ford Shale
Bakken Shale
Other Shales
33%
76%
81%
27%
53%
Acquiring Land/Leases
Drilling
Land Reclamation
Processing
Seeking Permits
Drilling Rig
Producing Gas
Other
Pipeline
Answers do not total 100%
as respondents named all the
shales where they are involved.
Listed from most to fewest
Most activity is land acquisition and leasing,
followed by a full pipeline of activities
BREADTH of
involvement
50250
45%
33%
33%
32%
26%
20%
18%
18%
11%
Answers do not total 100% as
respondents named all the activities
in which they are involved.
3. Participant profiles and demographics
How we did
the study.
The Brand Research Company conducted a total of 101
interviews from January through March 2013 with 96
legal service buyers at 56 companies doing business in
U.S. shales, and 5 industry experts. The list of potential
respondents included Steptoe & Johnson clients and others
who are not clients of the firm.
Participant profiles and demographics
In addition to the requirement that companies be involved
in some aspect of gas and oil extraction from U.S. shales,
the respondents were required to be significantly involved
in the selection of outside counsel for matters connected
with their companies’ involvement in shales. Respondents
are mostly landmen, in-house counsel and executives with
an average of 15.3 years selecting outside counsel for
their companies. Their companies have annual revenues
ranging from less than $50 million to more than $1 billion.
Who
participated?
Producers
AB Resources
Aera Energy, LLC
Anadarko Petroleum Corporation
Anderson & Associates Mineral Land Service
ANH Refractories Company
Antero Resources
Antero Resources Appalachian Corporation
Atlas Energy
Ben Energy
Berkley Oil
Bluescape Resources
Booth Energy
Broad Street Energy
Cabot Oil & Gas Corporation
Caiman Energy, LLC
Chesapeake Energy Corporation
Chevron Appalachia, LLC
CNX Land Resources, Inc.
Cohort/JW Operating
ConocoPhillips Company
CONSOL Energy, Inc.
Devon Energy Corporation
List of RESPONDENTS’ COMPANIES
Dominion
Eastland Energy Group, Inc.
Energy Corporation of America
EQT Corporation
Graves & Company
Grenadier Energy Partners
Gulfport Energy Corporation
KC Cooper
Lake Region Oil
Murex Petroleum Corporation
Murray Energy Corporation
Newfield Exploration
NiSource
Northeast Natural Energy, LLC
Noble Energy
PDC Mountaineer
Percheron
Providence Energy Group, Inc.
Providence Resources, LLC
Range Resources
Range Resources Appalachia
Reliance Holding USA, Inc.
Reserve Energy
Rex Energy
Seneca Resources Corporation
Shell Oil Company
Sierra Buckeye, LLC
Southwestern Energy Production Co.
Statoil
Stone Energy Corporation
Sylvan Energy
Talisman Energy USA, Inc.
Texas Keystone
Tioga Resources, LLC
Vitruvian Exploration, LLC
Whitmar Exploration Co.
Worthington Energy Consultants
WPX Energy
XTO Energy, Inc.
Industry Experts
Bexar County Economic Development
University of Texas Center for
Community and Business Research
Columbus Business First
Daily News
Independent Research Scientist with
U.S. Shale Expertise
Companys’ Annual Revenue
100
50
25
0
75
$50 – $99
million
$500 – $999
million
$100 – $499
million
Less than $50
million
$1 billion +
RESPONDENTS’ industry SECTORS
Oil and Gas
100
50
75
25
0
Midstream
14%
Pipeline
9%
Support for Oil &
Gas Operations
6%
Drilling
23%
Other
5%
Energy
29%
Production
32%83%
Several repondents identify themselves with multiple sectors.
30% 1% 13% 10% 47%
4. Top legal issues in the field
Every
opportunity
has its legal
challenges.
A range of legal challenges confront decision-makers in
their shale activities. No surprise there. But the areas in
which they have the highest volume of challenges are title
and real estate, transactions, litigation, regulatory and
environmental–in that order. When asked which matters
require the most help from outside counsel, litigation is
first, followed by title and real estate, and then private
financing and related securities. Presumably, this reflects
subject matter expertise not always found in-house.
Top legal issues in the field
decision-makers face these challenges sometimes or often
use outside counsel more than half the time for
45% 39% 26% 42%
Government
Relations
Private Financing &
Related Securities
Labor &
Employment
Other
100
50
25
100
50
75
25
0
100
50
75
25
0
100
50
75
25
0
85%
Title & Real Estate
74%
Transactions
90%
Litigation
60%
Regulatory
61%
Environmental
52%
Government
Relations
76%
Private Financing &
Related Securities
46%
Labor &
Employment
94% 77% 72% 70% 60%
Title & Real Estate Transactions Litigation Regulatory Environmental
75
0
5. The volume of disputes
50% 93%
of shale developers
say disputes arise
quarterly or more
frequently
of shale
developer
disputes will
either increase
in frequency
or remain at
the same high
volume in the
next twelve
months
It’s not just shale gas or oil production that keeps
shale developers busy. Half reported facing a
steady flow of lawsuits at least quarterly, some as
often as monthly or even weekly. And the pace
looks to remain steady. Nearly all of those working
in U.S. shales expect the number of legal disputes
to increase or remain the same in the coming year.
Methods of defense vary, but practical settlements
appear to make the most business sense.
The volume of disputes
As activity
deepens, so
does the volume
of disputes.
Pre-Trial Settlement
Mediation
Other
Litigation/Trial
Arbitration
100
50
75
25
0
DISPOSITION OF LEGAL DISPUTES
74%
Settled
26%
Went to Court
Faced with various suits, clients use multiple defense methods.
METHODS OF DEFENSE USED
AGAINST LAWSUITS
65%
46%
42%
67%
10%
6. The nature of disputes
Not surprisingly, decision-makers most often cited
lawsuits arising from acquisition and use of land as
four of the top five reasons for disputes. Moreover,
lawsuits related to mineral title and contracts are
the most frequently encountered and perhaps
expected by producers. Environmental lawsuits
are the most concerning to shale developers. This
concern is likely related to unpredictability, cost,
complexity and public relations.
The nature of disputes
Lawsuits mostly
driven by fights
over rights.
Real Estate
Regulatory
Mineral Title
Personal Injury
Contracts
Class Action
Labor & Employment
Business Torts
Toxic Torts
Other
Environmental
MOST NUMEROUS LEGAL DISPUTES IN PAST YEAR
1005025 75
73%
57%
35%
27%
19%
12%
9%
8%
6%
3%
14%
0
100
50
75
25
• Environmental
Issues
• Property Damage
• Payment of Gas
Royalties
• Regulatory Disputes
• Employment
Disputes
• Premises Liability
• Zoning Disputes
• Labor Disputes
• Insurance Disputes
• Deliberate Intent
THE TOP 5 REASONS FOR LAWSUITS
60%
LandownerDisputes
55%
TitleIssues
51%
ContractIssues
51%
LeaseDisputes
42%
PropertyRights
Other Reasons
Regulatory
Class Action
Environmental
Real Estate
Mineral Title
Personal Injury
Labor & Employment
Business Torts
Product Liability
Other
Contracts
DISPUTES OF MOST CONCERN
56%
52%
30%
26%
23%
19%
10%
6%
2%
2%
12%
Toxic Torts 7%
0 1005025 75
7. For those whose litigation
spend is their largest budget
item, the average annual
spend rises to $8.6 million.
This amounts to two and a
half times the average for
title and real estate when it is
the largest spend.
On average, shale
developers spend $3.4M
annually for litigation
in the shales.
Half of shale developers report that their largest
spend on legal services related to U.S. shales is
for title and real estate. Litigation was named by a
third of the shale players and transactions by most
of the rest. While litigation is not the largest spend
among all shale developers, when it is reported as
largest, it is dramatically larger. This may explain
the earlier cited prevalence of settlements.
Drilling down on legal costs
IS LITIGATION the LARGEST
SPEND FOR LEGAL SERVICES
RELATED TO THE U.S. SHALES?
USE ALTERNATIVE FEE
ARRANGEMENTS?
34%
66%
Yes
No
13%
13%
Yes
59%
28%
No
Not Sure
Drilling down on legal costs
50
25
Title, real estate
and litigation
top the budget
charts.
Litigation
Transactions
Environmental
Private Finance/
Securities
35%
14%
1%
2%
Title &
Real Estate
48%
0
LARGEST SPENDS
8. Naturally
resourceful
counsel
200 attorneys and 200 paralegals serving
only the energy industry
220 in-house land professionals
12th largest energy practice in the country–
Energy Law 360
Largest team of oil and gas lawyers
in the East
30 former in-house energy attorneys who
know the industry
Vigorous efforts to shape energy law
for the future
Scalable, time-sensitive land and title
solutions to meet client needs
Robust in-house abstracting resources
Nationwide title services
Top rated by Best Lawyers in America®
&
Chambers USA in Oil, Gas & Energy Law
Strategic locations in U.S. shale plays,
including Marcellus and Utica
Serving energy and natural resource clients
since the firm’s founding 100 years ago
About Steptoe & Johnson
Depth of Energy Experience
DEpth and breadth
Colorado
Kentucky
Ohio Pennsyl-
vania Te x a s
W e s t
Virginia
Mineral Title Opinions
• More than 7,000 mineral title opinions
in 2012
• Uniform quality, opinion formats and
approaches to title analysis and
reporting all major basins
Environmental & Regulatory
• In-house FERC and public utility experience
Litigation
• Experienced team of mineral title litigators
who know the courts and the industry
• 75 seasoned litigators
• 60% individually recognized as leaders in their
field by The Best Lawyers in America®
Deals
• $6.2B in recent transactions
Emergency Response Team
• Trained multi-disciplinary Emergency
Response Team
• Provides instantaneous support to in-house
emergency response teams
Government Relations
• Government relations team experienced in
shaping eastern oil and gas legislation
• Strategic relationships provide clients with
connections
Colorado | Kentucky | Ohio | Pennsylvania | Texas | West Virginia
Recognized strengths
in Energy, Litigation,
Transactional, and Labor
& Employment Law 285 14 40Attorneys Offices in 6 states Practice Areas