Law

Will 100,000 Phone Calls Be Able to Stop Oil and Gas Companies from Drilling in Colorado?

Will 100,000 Phone Calls Be Able to Stop Oil and Gas Companies from Drilling in Colorado?

It’s shaping up to be the power of advertising vs. the power of personal phone calls.

At least that’s what the two opposing forces are doing to promote their polar opposite views of Proposition 112 as voters begin to think …

Colorado’s Damaging Setbacks: Six Weeks Will Tell the Tale

Colorado’s Damaging Setbacks: Six Weeks Will Tell the Tale

Upcoming TV debate showcases thinking on both sides of the setback issue

There is a storm cloud of potential upheaval facing Colorado’s oil and gas regulator (the Colorado Oil and Gas Conservation Commission—COGCC) this fall. On the leading edge is …

Oil and Gas Industry: Colorado Supreme Court Sets Date to Hear Oral Arguments in COGCC v. Martinez

Oil and Gas Industry: Colorado Supreme Court Sets Date to Hear Oral Arguments in COGCC v. Martinez

Colorado oil and gas regulation: is the State’s task to balance oil & gas development with public health, safety and welfare?

Colorado’s high court will soon hear oral arguments in a case whose outcome could reshuffle the criteria the COGCC

House Expects Bipartisan Support for Speedy Approval of Small-Scale LNG Projects

House Expects Bipartisan Support for Speedy Approval of Small-Scale LNG Projects

For projects that do not require an environmental assessment

From The Hill-by Reps. Bill Johnson (R-OHIO) and Gene Green (D-TEXAS)

The House of Representatives today will consider H.R. 4606, the Ensuring Small Scale LNG Certainty and Access Act, …

September 6, 2018 - 3:23 pm Closing Bell Story‎, Law, LNG
Colorado Initiative 97 Hands Local Governments the Power to Bar Drilling

Colorado Initiative 97 Hands Local Governments the Power to Bar Drilling

A deeper look at initiative 97

If Colorado voters choose to stop drilling by passing initiative #97 on Nov. 6, the economic ramifications are deepColorado governor has no veto power over the measure

Nine weeks from today Colorado’s …

Voters Could Dramatically Curtail Drilling in Colorado, but if Production Moves, who will Benefit?

Voters Could Dramatically Curtail Drilling in Colorado, but if Production Moves, who will Benefit?

From The Casper Star-Tribune

Until recently, people in Cheyenne, Wyoming would rarely encounter a drilling rig close to home. They might spot the light of a flare in the dark distance, like a candle flickering above the prairie, but the …

September 4, 2018 - 9:54 am Closing Bell Story‎, Energy News, Law, Politics & Opinions
Colorado Could Potentially See the End of Oil & Gas Drilling if Voters Pass Initiative 97 on Nov. 6

Colorado Could Potentially See the End of Oil & Gas Drilling if Voters Pass Initiative 97 on Nov. 6

It’s a scenario that could possibly send oil and gas reserve values toward $0 and start an exodus of energy companies, capital investment and high paying jobs from the state

From “theoretical to real” in a day

The threat to …

Colorado Setback Measure—Initiative 97—Makes the Ballot

Colorado Setback Measure—Initiative 97—Makes the Ballot

Colorado Secretary of State Wayne Williams announced that the setback measure for oil and gas development has qualified to be on the November 6 statewide ballot.

The measure would mandate that new oil and gas development, including fracing, be a …

Colorado’s Proposed “Takings” Amendment, Initiative 108, Makes the November Ballot

Colorado’s Proposed “Takings” Amendment, Initiative 108, Makes the November Ballot

Initiative 97, which mandates a 2,500-foot setback from occupied structures, schools, homes, waterways and other ‘vulnerable’ areas, is one of the two remaining ballot initiatives with signatures still being verified

Colorado Secretary of State Wayne Williams announced today that a …

ConocoPhillips Chooses General Counsel: Reports

ConocoPhillips Chooses General Counsel: Reports

From the Houston Business Journal

Houston-based ConocoPhillips (NYSE: COP) has selected Kelly Brunetti Rose, a Houston partner at Baker Botts LLP, as its new general counsel, according to media reports.

ConocoPhillips confirmed to Law360 that she’ll join the company in …

Judge Scraps Idaho Order Forcing Landowners into Oil Leases

Judge Scraps Idaho Order Forcing Landowners into Oil Leases

From Associated Press/the Herald-Whig

BOISE, Idaho (AP) — Idaho officials violated the U.S. Constitution by forcing several landowners to sell their natural gas and oil to a Texas company without giving them a meaningful way to fight the state’s decision, …

August 15, 2018 - 1:08 pm Closing Bell Story‎, Energy News, Law
Edge of the Wattenberg: Colorado: Weld County Just Created its Own Oil & Gas Department

Colorado Fair Compensation for Takings Amendment Initiative Goes to the Secretary of State

On Friday Colorado Secretary of State Wayne Williams reported that the proponents of the private property rights measure – Initiative 108 – had turned the collected signatures over to the Secretary of State.

The Secretary of State’s office now has …

Texas Jury Nails Frac Company with $101 Million Verdict

Texas Jury Nails Frac Company with $101 Million Verdict

From FreightWaves

A jury verdict in a Texas court last week against an oil service company may have set the record for the largest civil penalty ever handed down in an accident involving a truck.

The $101 million verdict exceeds …

Bills that Would Allow U.S. to Go After OPEC for Price Fixing are Now Moving Forward in Both Houses

Bills that Would Allow U.S. to Go After OPEC for Price Fixing are Now Moving Forward in Both Houses

Senate Takes Up NOPEC: a bill to amend the Sherman Act to make oil-producing and exporting cartels illegal may have positive reception from Pres. Trump; previous attempts to pass the bill died under veto threat by Bush, Obama

Senate Judiciary …

Colorado Regulator Outlines Disruption if Proposed 2,500 Foot Setback Rule Makes the 2018 Ballot, Wins Voter Approval

Colorado Regulator Outlines Disruption if Proposed 2,500 Foot Setback Rule Makes the 2018 Ballot, Wins Voter Approval

Of the 7 million acres of non-federal land in Colorado’s top oil and gas producing counties, proposed initiative #97 would exclude 6.5 million acres from drilling and development

An estimated 54% of Colorado’s total land surface would be unavailable for …

Seadrill Partners Awarded $273 Million in Brit High Court Ruling

Seadrill Partners Awarded $273 Million in Brit High Court Ruling

Seadrill Partners LLC said the English High Court has ruled in favor of its subsidiary Seadrill Ghana Operations Limited relating to the early termination of the West Leo contract by Tullow Ghana Limited.

Seadrill Ghana was seeking to recover standby …

Vantage Drilling Awarded $622 Million in Petrobras Arbitration

Vantage Drilling Awarded $622 Million in Petrobras Arbitration

Vantage Drilling International (OTCMKTS: VTGDF) announced today that it was successful in its previously disclosed arbitration with Petróleo Brasileiro S.A (NYSE: PBR).

The Tribunal found that Petrobras America, Inc. (PAI) and Petrobras Venezuela Investments & Services, BV (PVIS), both subsidiaries …

Hoeven’s Cross-Border Pipeline/Transmission Bill Does Away with the Presidential Permit

Hoeven’s Cross-Border Pipeline/Transmission Bill Does Away with the Presidential Permit

Bill would speed up cross-border energy import/export projects

From Construction Dive

John Hoeven, a Republican senator from North Dakota, introduced on June 12 a bill that would speed up U.S. energy infrastructure projects that cross the Canadian and Mexican borders, …

Congress Resuscitates NOPEC Bill which Would Allow the U.S. Govt. to Sue OPEC Members for Collusion

Congress Resuscitates NOPEC Bill which Would Allow the U.S. Govt. to Sue OPEC Members for Collusion

Current federal law provides that foreign governments cannot be sued for failing to comply with U.S. federal antitrust laws; NOPEC seeks to change that

The No Oil Producing and Exporting Cartels Act (“NOPEC”) is quietly making its way through the …

June 28, 2018 - 4:56 pm Closing Bell Story‎, Law, Oil and Gas 360 Articles, OPEC
Supreme Court Hands Seismic Patent Owner a Win

Supreme Court Hands Seismic Patent Owner a Win

WesternGeco sued ION in 2009 for patent infringement

From National Law Review

On June 22, 2018, the United States Supreme Court held that a patent owner can collect lost foreign profits for use of an infringing product outside the U.S.…

June 28, 2018 - 6:23 am Closing Bell Story‎, Energy News, Law
Justice Kennedy Announces Retirement from Supreme Court

Justice Kennedy Announces Retirement from Supreme Court

From The Hill

Supreme Court Justice Anthony Kennedy has announced he is retiring after more than 30 years on the court, kicking off what is sure to be a vicious confirmation battle.

He will retire effective July 31.

Kennedy, who …

June 27, 2018 - 8:10 am Closing Bell Story‎, Energy News, Law, People
Judge Throws Out Calif. Cities’ Climate Change Suits against Five Oil Producers

Judge Throws Out Calif. Cities’ Climate Change Suits against Five Oil Producers

Northern California U.S. District Judge William Alsup has dismissed the climate change lawsuits filed against BP (NYSE: BP), Chevron (NYSE: CVX), ConocoPhillips (NYSE: COP), Exxon Mobil (NYSE: XOM), and Shell (NYSE: RDS.A)  by the cities of San Francisco and Oakland.…

June 26, 2018 - 3:31 pm Closing Bell Story‎, Law, Oil and Gas 360 Articles
Photo by Mike Goldwater"

Canada’s Proposed Bill C-69 Would Require Energy Project Environmental Assessments to Take Climate Change into Account

Bill gives cabinet and environment minister final power to approve or reject a project regardless of the findings of an environment assessment

In February 2018, Catherine McKenna, the federal Minister of Environment and Climate Change, introduced Bill C-69. The bill …

Anadarko Shuts Down Colorado NatGas Gathering System

Anadarko Shuts Down Colorado NatGas Gathering System

From The Denver Post

The decision could mean well closures and job losses

Anadarko Petroleum Corp., the largest energy driller in the state, is closing a natural gas gathering system in northern Colorado, citing safety considerations.

The system — a …

May 31, 2018 - 8:03 am Closing Bell Story‎, Fracing, Law, Midstream
The U.S. Sanctions Venezuela

The U.S. Sanctions Venezuela

On May 21, 2018 the United States president signed an executive order prohibiting certain transactions with the government of Venezuela. The order restricts transactions involving debt owed to the Venezuelan government.

According to law firm Akin Gump, the new prohibitions …

New Mexico Lease Revenues Break Record

New Mexico Lease Revenues Break Record

From Ruidoso News/USA Today

Lease sales generated $5,487,142

May 2018 oil and gas lease sales on state trust lands generated $5,487,142, bringing the Fiscal Year 2018 total to $102,222,238, New Mexico Land Commissioner Aubrey Dunn announced this week. That …

May 16, 2018 - 8:02 am Closing Bell Story‎, Finance, Industry Insights, Law
Total Halts $2 Billion Gas Project in Iran

Total Halts $2 Billion Gas Project in Iran

From CNNMoney

French oil giant Total is preparing to pull out of Iran to avoid risking US sanctions.

The company said on Wednesday that it was unable to proceed with a $2 billion project to develop the country’s giant South

May 16, 2018 - 8:00 am Closing Bell Story‎, Finance, International, Law
Powder River Basin: 10,000-Permit Drilling Battle

Powder River Basin: 10,000-Permit Drilling Battle

From the Casper Star Tribune

In the coal-bed methane days, then-engineer Mark Watson would arrive at the Wyoming Oil and Gas Conservation Commission to find boxes stacked with drilling applications and a box of thank-you donuts from the operators.

But …

Longmont City Council Makes Deal with Oil Companies

Longmont City Council Makes Deal with Oil Companies

From The Denver Channel

LONGMONT, Colo. — The Longmont City Council voted unanimously Tuesday night to move forward on a deal with two oil and gas companies to stop operations within city limits.

As part of the deal, the city …

May 10, 2018 - 8:04 am Closing Bell Story‎, Law
Colorado Mineral Owners’ Amicus Brief for Martinez Case is Accepted by Colorado Supreme Court

Colorado Mineral Owners’ Amicus Brief for Martinez Case is Accepted by Colorado Supreme Court

Legal process could take a year or more at Colorado high court

The Colorado Alliance of Mineral and Royalty Owners (CAMRO) has filed an amicus curiae brief discussing how the desired changes sought out in the Martinez case would affect …