International boundaries in oceanic areas are often ambiguous and disputed, particularly in locations that are loaded with oil and gas reserves.
International boundaries in oceanic areas are often ambiguous and disputed, particularly in locations that are loaded with oil and gas reserves.
As part of the country's initiative to provide natural gas supplies to fuel its electric power plants in Northern Mexico, it is launching the La Laguna Pipeline project. The proposed pipeline will stretch for 465 kilometers (289 miles) between El Encino in the state of Chihuahua and La Laguna in Durango, and connect a pair of CFE power plants.
The most notable impact of H.B. 40 is its express prohibition of local fracking bans.
Albert G. Hill III is again arguing that he was selectively prosecuted for mortgage fraud by then-Dallas County DA Craig Watkins as a favor to Hill's former lawyer Lisa Baron Blue.
The plaintiffs in this case have traveled a long and winding road–including two treks to the U.S. Supreme Court—in their quest to be compensated for what they allege are fraudulent actions by Houston-based Halliburton Company.
In "Shale Exploration v. Eagle Oil & Gas," filed in Harris County's 152nd District Court, the dispute concerned lease information about an oil and gas prospect in North Dakota.
Under the terms of the agreement, Ares will provide $2.55 billion in consideration, the majority of which will be in the form of Ares Operating Group Units.
A number of Crestwood Midstream unitholders are not pleased with what they allege are breaches of fiduciary duty by the members of the company's board of directors in connection with a proposed merger with Crestwood Equity.
Created for the purpose of protecting human health and the environment, the EPA was put in the posture in this case, Environmental Integrity Project et al v. EPA, of defending the state implementation plan (SIP) that it had formerly fought against in 2012 in the earlier case, Texas v. EPA.
Ridgewood Energy Corporation is ready to take plunge once again by putting together its third private equity fund to bankroll finding and developing new oil reserves in the deepwater areas of the Gulf of Mexico.
Frustrated property owners are increasingly bringing nuisance claims based on bright lights, loud noises, traffic, dust, odors, wastewater and other effects of these activities.
In something of a hollow victory, two Texas oil companies recently won a jury trial in a landman case fought in Dallas County, yet the jury failed to award the winning parties their respective attorney fees that together total approximately $600,000.
"What the court honed in [on] was that the [supervisor] was going to get rid of the old farts. And sure enough he did,'' Alfonso Kennard said of his plaintiff client's age discrimination victory before the U.S. Court of Appeals for the Fifth Circuit.
A Mexican offshore worker alleges that he was solicited by a "runner" working for lawyers whom he hired to represent him in personal injury suit stemming from the accident.
While the interest of the companies in Mexico's oil and gas potential is real, the opening process coincides with difficult world economic challenges, particularly depressed oil and gas prices and the concomitant impact on the oil and gas industry.
Infighting among creditor groups recently erupted in connection with the Chapter 11 bankruptcy filed by Houston-based Dune Energy and its related affiliates.
Seeking another bite at the apple with the Texas Supreme Court after its recent loss, Kachina Pipeline recently filed a motion for rehearing in the case.
Andrews Kurth represents Enterprise Products Partners in its pending sale of offshore pipeline assets to Genesis Energy, which is using Akin Gump.
A group of natural gas royalty owners in Western Pennsylvania are fighting mad and accusing Texas-based XTO Energy, Exxon Mobil Corporation's subsidiary, of messing around with their royalty payments.
WPX Energy, a publicly traded domestic energy producer based in Tulsa, Oklahoma, with operations in the western United States, recently entered into an agreement to acquire privately held RKI Exploration & Production for $2.35 billion plus the assumption of $400 million of debt.
Bracewell & Giuliani represents Bluescape Resources in investment in Clean Line Energy Partners, which turned to Vinson & Elkins.
The companies said the combination would create the fourth-largest master limited energy partnership, with a $21 billion market capitalization.
If antitrust regulators' objections foil a proposed merger between the oil field service industry giants, Halliburton might owe Baker Hughes a $3.5 billion breakup fee.
The heavy price decline in the oil and gas industry since last summer has caused and will continue to cause significant financial pain for many companies in this volatile sector.
For Dallas-based Energy Future Holdings, waiting for the bankruptcy judge's recent ruling related to a $431 million fight with the company's first lien note holders was a real nail-biter.
Hilcorp Energy, which was started in 1989 by Houston-based billionaire Jeffrey Hildebrand, is setting its sights on expanding its presence in Alaska.
Although BSEE and the USCG have agreements concerning their joint jurisdiction over operations in the Gulf of Mexico, their regulatory approaches are not entirely consistent.
Some of these new methods may surprise those who were accustomed to the traditional system in which Pemex and CFE would sign long-term agreements and local and international lenders extended financing based on their high credit ratings.
LINN Energy recently announced that it has signed definitive agreements with private capital investor Quantum Energy Partners to fund selected future oil and natural gas acquisitions and the development of acquired assets.
The sale will include 25 renewable energy projects in four states with a total of 65 megawatts of nameplate generating capacity, according to Talen Energy's corporate communications director, George Lewis.
With its ruling, the Fifth Circuit sanctioned the government for bad faith and ruled that it owes attorney fees and travel expenses to Corpus Christi-based Gate Guard Services.
"The court's registry is not a slush fund for lawyers," said John Da Grosa Smith, an attorney for Albert G. Hill III, who argues that his former lawyers can't collect in a massive attorney fee dispute case.
The Texas AG recently filed a lawsuit on behalf of the state of Texas and a number of other parties against the EPA seeking to vacate the new water rule that was recently enacted under the Clean Water Act.
After five long litigious years in the wake of the massive Deepwater Horizon oil spill in the Gulf of Mexico, the oil giant BP recently reached an agreement in principle to settle for up to $18.7 billion all federal, state and local claims arising from the 2010 event.
Maria Boyce, Jennifer Smith, and Cristina Rodriguez started this month as partners in Hogan Lovells' litigation, arbitration and employment practice group in the firm's Houston office.
Since April 2014, Energy Future Holdings has been embroiled in a Chapter 11 bankruptcy suit in Delaware. In a recent surprise move, Energy Future Holdings attorneys announced in the bankruptcy court that they now have an agreement with multiple creditors to hand over Oncor.
On June 29, the U.S. Supreme Court rejected the appeals of BP and Anadarko Petroleum over potential federal fines for their role in the oil spill in the Gulf of Mexico.
In a 5-4 ruling, the Supreme Court justices held that the EPA should have examined the costs to the electric power sector before electing to restrict the levels of the toxic air pollutants it regulated in 2011.
Securities commissioner John Morgan, acting on behalf of the Texas State Securities Board (TSSB), recently entered an emergency cease and desist order against San Antonio-based Petro-San Resources and its president and managing member, Sean Patrick Riley.
In a new development, Energy XXI recently announced that it has executed a purchase and sale agreement to sell the Grand Isle Gathering System (GIGS) to CorEnergy Infrastructure Trust Inc. for $245 million in cash plus the assumption of abandonment liabilities related to the assets. The GIGS is a subsea, midstream pipeline system with related onshore facilities serving oil-producing fields in the shallow portion of the Gulf of Mexico.
Faced with an exploding population, Mexico's state-owned electricty utility, Comisión Federal de Electricidad (CFE), recently announced plans to spend close to $10 billion to bolster the amount of electricity provided to its citizens. The largest gas pipeline project consists of a $3.1 billion underwater line from Brownsville, Texas, to the Mexican Gulf port of Tuxpan.
Be flexible (as these guidelines are also flexible) and be ready to adapt, as every case is going to be different and present its own challenges, pitfalls, and brand new twists.
Recently The Williams Group publicly rejected the $53.1 billion acquisition offer made by Dallas-based Energy Transfer Equity.
Greenberg Traurig, which has three offices in Texas, hires two lateral shareholders and one associate.
A longtime geologist turned investment adviser who operated Norstra Energy Inc., an oil and gas company in Southlake, Texas, recently was charged with allegedly making false and misleading statements about Norstra's oil reserves, drilling plans and business prospects.
Hercules intends to file in Delaware a prepackaged plan of reorganization under Chapter 11 of the U.S. Bankruptcy Code to facilitate the financial restructuring.
The Texas Supreme Court recently dealt with a complicated contractual dispute when it reviewed the appellate ruling in 'Kachina Pipeline v. Lillis'.
The high court ruled that Chesapeake had improperly deducted postproduction costs from the mineral estate owners' natural gas royalties.
Myths about delay, cost, and risk because of a limited ability to appeal are overblown and have led to an inefficient avoidance of this flexible consensual procedure.
The Texas Supreme Court ruled that the relevant excluded-assets provisions in the 1996 purchase and sale agreement between Plains Exploration & Production and Torch Energy are unambiguous.
Successful bidders, including Houston-based Schlumberger, in a 2007 auction of Bakken Shale oil and gas rights conducted by the Bureau of Indian Affairs (BIA) and related to tribal land, recently won in an appeal before the Eighth Circuit. The law firm of Baker Botts represented the leaseholders in the appeal.
Round Rock businessman William Allen Risinger was recently indicted and arrested in Austin on allegations that he collected approximately $4.5 million from an oil and gas Ponzi scheme that he operated.
The Fifth Circuit's recent ruling concerns a tragic event in 2010 in which a fire at a Texas oil well owned by Endeavor Energy Resources killed two men employed by Basic Energy Services.
Energy Transfer Partners plans to spend approximately $1.5 billion on its new Revolution Project in Pennsylvania. It has entered into long-term gas gathering, processing and fractionation agreements with EdgeMarc Energy, an oil and gas company that is actively engaged in drilling Marcellus and Burkett shale wells in Butler County, Pennsylvania
Did the Department of Justice's Deepwater Horizon Task Force fail to foresee that the unwillingness of the witnesses from Congress to be flexible about their testimony?
The overhaul of the Mexican legal framework has established a completely different regulatory environment. Some of these changes have already impacted non-recourse project finance in Mexico.
Houston-based Enbridge Energy's pipeline ruptured in 2010, resulting in the accidental release of 800,000 gallons of oil into the Talmadge Creek and Kalamazoo River in Michigan. The incident was one of the largest inland oil spills in U.S. history. Fast-forward almost five years later, and the company has finally entered into a $62 million settlement with the parties affected by the huge spill.
"I do believe that the plaintiffs in this case will get their compensation now that Alfaro has been removed from assessing fraudulent expenses on the distribution checks and now that the bankruptcy court will hopefully be able to liquidate Alfaro's Jay Leno-esque car collection," said Barchus.
The Railroad Commission of Texas recently provided a briefing to a delegation of government officials and energy industry executives from Argentina that focused on the regulation of oil and gas exploration and production in Texas.
Three students from Canada are the first to graduate with dual degrees in the International Energy Lawyers Program between the University of Houston Law Center and the University of Calgary law school.
A recently published report titled "Economic Impact and Legal Analysis of the Shale Oil and Gas Activities in Mexico" is a helpful guide for U.S. energy entrepreneurs who want to learn more about how to effectively maneuver in the Mexican oil and gas sector. The report was prepared by the University of Texas at San Antonio (UTSA); the Asociación de Empresarios Mexicanos; the Universidad Autónoma de Nuevo León, Faculty of Law and Criminology; and the Mexico Institute of the Woodrow Wilson International Center for Scholars.
"The amounts are shocking by any standard," said John Da Grosa Smith, who represents Albert G. Hill III in the attorney fee battle.
In the wake of filing a Chapter 11 bankruptcy lawsuit last October, Texas-based Endeavour International is getting ready to sell substantially all of its assets both in the North Sea and in the United States.
Texas firms Akin Gump Strauss Hauer & Feld, Andrews Kurth, Baker Botts and Vinson & Elkins among leading dealmaking firms on The American Lawyer's Corporate Scorecard 2015.
Storage, treatment, and disposal of wastewater have been one of the U.S. Environmental Protection Agency's areas of attention when it comes to hydraulic fracturing operations.
Ferrellgas Partners recently announced that it has entered into a definitive purchase and sale agreement to acquire Bridger Logistics for a purchase price of approximately $837.5 million, subject to certain closing adjustments.
Senior U.S. District Judge Sam R. Cummings called the proposed fees excessive. But the plaintiffs lawyer said: "In the grand scheme of things, it's not a big problem."
Four firms work on pending deal for Enterprise Products Partners' affiliate to buy EFS Midstream from two owners.
With a goal of $100 million and a cap of $120 million, Dallas-based Springbok Energy's new fund is centered on purchasing oil and gas minerals and royalties.
Two partners and a senior counsel formerly practiced together at Pillsbury Winthrop Shaw Pittman in Houston.
Ignoring the oil and gas sector's current price contraction, Houston-based PennTex Midstream Partners recently decided to go all in and began its initial public offering. Its purpose is to own, operate, acquire and develop midstream energy infrastructure assets in North America.
Riverstone Holdings recently decided to invest up to $100 million in Texas-based Carrier Energy Partners II.
In 2014, Beck Redden defeated a citizens' suit seeking $642 million in civil penalties from ExxonMobil for admitted unauthorized emissions and deviations from its clean air operating permits. Beck Redden attorneys convinced the Texas Supreme Court to find enforceable choice of law provisions allowing forfeiture in the corporation's executive bonus-compensation incentive programs.
Some of the claims V&E has defended include a range of cases across the United States, including in Colorado, Delaware, Kansas, Mississippi, North Dakota, Oklahoma, Pennsylvania, West Virginia and Wyoming.
ExxonMobil Corporation and Hunt Oil Company, a subsidiary of Hunt Consolidated Inc., are among the 19 U.S. companies and seven groups approved by Mexico to bid on 14 shallow-water exploration blocks off the mainland in the Gulf of Mexico. Thirty-four companies applied to prequalify for the July 15 auction.
The Asa Low Intermediate School in Mansfield, Texas, will hold its first- ever oil and gas Monopoly game tournament on May 30. The school anticipates that around 60 students will participate in the event. The tournament will feature students playing the customized oil and gas version of Monopoly created by the industry publication Offshore Engineer in celebration of its 40th anniversary. The limited-edition release of the game takes the traditional destinations and game pieces and replaces them with items specific to the oil and gas industry.
In a pleading that Tom Wright, a partner in Houston's Wright & Close, filed on behalf of the law firms on May 29, he notes that the Hills' sole ground for opposing the judgment is their insistence that the Fifth Circuit erred by rejecting their claims on the merits.
Establishing a solid internal compliance program can help create an effective system of checks and balances while relieving some of the stress created by compliance requirements.
The SEC filed suit against GC Resources and Brian J. Polito for allegedly defrauding investors through the sale of interests in oil and gas wells that the company never owned.
The 84th Texas Legislature is working hard to promote export possibilities for Texas crude oil and natural gas products.
"These claims are worth a lot," said Galvin Kennedy, partner in Houston's Kennedy/Hodges, who represents the workers.
Defense counsel hope to reverse a recent trend of workers suing energy industry employers for unpaid overtime.
Houston-based Noble Energy is poised to acquire all of the common stock of Rosetta in an all-stock transaction valued at $2.1 billion, plus the assumption of Rosetta's net debt of $1.8 billion.
Vinson & Elkins represents Eagle Rock Energy Partners in its pending acquisition by Vanguard Natural Resources for about $614 million.
BP, Halliburton Co. and Transocean Ltd. each reached settlements this week in the litigation stemming from the 2010 Gulf of Mexico oil spill.
Unfortunately, oil and gas companies filing for bankruptcy protection in today's unstable price environment is nothing out of the ordinary. What set these cases apart are the unusual names of a number of Duer Wagner's subsidiaries, which are named after famous athletes.
Ask an energy industry expert about the effects of the U.S. shale boom, and the expert will likely speak of job creation, low natural gas and crude oil prices, and the emergence of U.S. LNG export terminals. A less likely answer is the dramatic rise in supply of natural gas liquids and its effect on the petrochemical industry.
Gov. Greg Abbott recently signed into law House Bill 40. The new law pre-empts regulation of oil and gas activity at the municipal and local levels and places that duty with the state.
A group of Mexican residents allege that their personal injury suits were dismissed because of the negligence of lawyers.
The energy company wins, arguing that the internal report it gave DOJ during an FCPA violations investigation qualified as absolutely privileged.
The three largest initial public offerings to date this year are for energy companies, and Houston firms secured the work.
To mitigate the increased risk, buyers should increase their focus on identifying and quantifying risk while increasing protective measures that affect the periods before, during and after the sign and close of a transaction.
In this contract breach and business interference tort case over an abandoned Bulgarian gas field venture, the principal issue is whether evidence supporting lost-market value was speculative and based on lost future profits, according to the Texas Supreme Court's opinion.
The Texas House recently approved Senate Bill 709, which contains a number of proposed guidelines, including rules to be considered in determining whether a person or an association has standing in a contested case involving environmental permits.
Now that Mexico's oil and gas sector has finally been opened to outside investors, the state of Texas is anxious to build a strong business relationship with the nearby country that has rich oil reserves.
Texas Attorney General Ken Paxton has recently announced that Texas intends to fight the Obama administration over a proposed air quality regulation—the so-called Clean Power Plan Rule (also known as the Carbon Rule). The proposed rule is being considered by the EPA and is set to be finalized in June.
Alan Glen leads a group of environmental and land use attorneys who joined Nossaman's Austin and Washington, D.C., offices.
Crestwood Equity Partners and Crestwood Midstream Partners recently signed a definitive agreement to merge Crestwood's corporate structure into a single publicly traded partnership with a consolidated enterprise value of approximately $7.5 billion.
Legislators appear poised to seek appropriation of $2.5 million for seismic mobile array monitoring equipment after committee members engaged in a technical back-and-forth with experts about the hazards posed by pressure build up, susceptible faults, and human activity.
Supporters and opponents of House Bill 40 disagreed about whether the bill would increase or decrease litigation; how the proposal would balance property rights against the public's health and safety; and more.