Post Tagged with: "Haynes and Boone"

BOEM Extends its Review of Financial Assurance Requirements for OCS Decommissioning

BOEM Extends its Review of Financial Assurance Requirements for OCS Decommissioning

Secretary’s mandated review of NTL No. 2016-N01 will get more time 

In an announcement on June 22, 2017, BOEM reiterated that Secretary’s Order 3350, issued on May 1, 2017, directed BOEM to “promptly complete a review of Notice to Lessees …

Good News for Mexico

Good News for Mexico

Mexico awards 10 shallow water GOM blocks in successful 2.1 bid round

The National Hydrocarbon Commission of Mexico awarded 10 out of the 15 exploration blocks that were in its Round 2.1 lease auction this week. The awarded leases cover …

Haynes and Boone Spring 2017 Oil and Gas Borrowing Base Survey Reflects “Cautious Optimism”

Haynes and Boone Spring 2017 Oil and Gas Borrowing Base Survey Reflects “Cautious Optimism”

Energy companies will have access to debt in 2017

Haynes and Boone, LLP released its spring 2017 survey of oil and gas borrowers and lenders this week, demonstrating a modestly improved outlook for the oil and gas market.

In its …

Top Five SEC Disclosure Issues for E&P 2016 Annual Reports: Haynes and Boone

Top Five SEC Disclosure Issues for E&P 2016 Annual Reports: Haynes and Boone

Get your DUCs in order

Energy attorneys Haynes and Boone recently looked at the top SEC disclosure issues for E&P company 2016 annual reports. The findings from Haynes and Boone appears below.

Comment letters issued in 2016 by the staff …

BOEM Issues Delay for New Financial Assurance Requirements for Offshore Operators

BOEM Issues Delay for New Financial Assurance Requirements for Offshore Operators

Government prioritizing implementation of new OCS financial assurance rule

On January 6, 2017, the Bureau of Ocean Energy Management (BOEM) announced a six-month delay in the implementation of the rigorous financial assurances required by Notice to Lessees and Operators NTL …

Haynes and Boone’s Diana Liebmann Named to Top Women in Energy Law

Haynes and Boone’s Diana Liebmann Named to Top Women in Energy Law

Diana Liebmann, partner, Haynes and Boone, San Antonio, was named in Texas Lawyer’s 2016 list of top women in energy law.

“We are proud to profile the honorees of our 2016 Top Women in Energy awards. The following women …

December 8, 2016 - 5:49 pm Closing Bell Story‎, Law, Oil and Gas 360 Articles, People
More than 100 Oil and Gas Operators have Filed for Bankruptcy as of August

More than 100 Oil and Gas Operators have Filed for Bankruptcy as of August

Oil & Gas Bankruptcy Continues to Climb to $50.4 Billion in August

Three more companies joined the ranks of those that have filed for Chapter 11 bankruptcy protection since the fall in oil prices. The three companies had combined debt …

Energy Bankruptcies: We’ve only Seen a Third of Them

Energy Bankruptcies: We’ve only Seen a Third of Them

90 oil and gas operators with more than $60 billion in debt have already filed for bankruptcy: here’s what it’s like

Depressed oil prices that are unable to support heavy debt loads have pushed 90 oil and gas companies into …

Why Did Southcross Holdings Exit Bankruptcy Two Weeks After Filing?

Why Did Southcross Holdings Exit Bankruptcy Two Weeks After Filing?

Private equity firms pump $170 million into Southcross Holdings LP

Poor economics driven by low oil prices is the harsh reality being faced by many operators since the end of 2014, forcing 42 companies to file for bankruptcy in 2015, …

April 15, 2016 - 9:55 am Closing Bell Story‎, Oil and Gas 360 Articles
Spring Borrowing Base Redeterminations: a Preview

Spring Borrowing Base Redeterminations: a Preview

Haynes and Boone polled banks, producers, private equity firms, professional services and oilservice companies in January to take an early pulse of the spring redetermination expectations from the industry and the financial institutions supplying the credit.

Key findings by Haynes …

DOI Confirms Authority over Service Contractors on the Outer Continental Shelf

U.S. Department of Interior Board of Land Appeals Affirms BSEE’s Assertion of Authority over Contractors on the OCS

10/23/2015

FROM: Haynes and Boone

The Interior Board of Land Appeals (“IBLA”) has issued its long awaited decision on an …

October 23, 2015 - 5:38 pm Energy News
As Capital Tightens, E&Ps Stir the Gumbo

As Capital Tightens, E&Ps Stir the Gumbo

Borrowing Base Redeterminations Kicking into Full Swing

Cyclicality in the oil and gas industry is a given.  Across the board in today’s commodity price environment, the E&Ps and the OilService companies that provide them with drilling and completion services have …

October 12, 2015 - 2:38 pm Commodity Pricing, Oil and Gas 360 Articles
Source: WPX

What do Oil Companies and Lenders Foresee with this Fall’s Borrowing Base Redeterminations?

  • Haynes and Boone Releases Fall 2015 Borrowing Base Survey Results: “Time for Action” View Replaces Spring’s “Wait and See” Attitude

  • New York City Financing Event Will Provide Color, Discuss Financing Options

  • Farmouts of Proven but Undeveloped Assets could be Solution

September 14, 2015 - 6:36 pm Finance, Mergers & Acquisitions, Oil and Gas 360 Articles
IEA, Citigroup Say U.S. Production Drops of up to 500 MBOPD are on the Horizon

IEA, Citigroup Say U.S. Production Drops of up to 500 MBOPD are on the Horizon

The International Energy Agency (IEA) expects non-OPEC production to drop by nearly 500 MBOPD in 2016 as a result of declining activity in the new commodity environment. The projection, made in the Agency’s Oil Market Report for September, reinforces a …

Interview with Haynes and Boone Partner Ricardo Garcia-Moreno

Interview with Haynes and Boone Partner Ricardo Garcia-Moreno

Ricardo Garcia-Moreno, partner with Haynes and Boone, speaks to Oil & Gas 360® at The Oil & Gas Conference® 20 in Denver about the recent reforms to the oil and gas industry in Mexico, and what it means for those …