Monthly Archives: February 2018

At the Well Weekly – Oil and Gas Update for Week Ending 2/16/2018 – PA Permit Fees on the Rise, Trump’s Plans for Pipelines, and “Commencement of Operations” in New Mexico

Since our last report, natural gas prices dropped alongside a flat rig count and a slight increase in oil prices.  In Appalachia, PADEP is poised to increase permit fees and is on the verge of finalizing methane-reduction general permits for new oil and gas sources and compressor stations while West Virginia’s legislature takes a step towards reforming rules governing a co-tenant’s ability to lease without the consent of other co-tenants.  In other news, the Trump Administration’s infrastructure plan seeks to quicken approvals for pipeline projects and the New Mexico Supreme Court defined what constitutes “commencement of operations” under a JOA for purposes of meeting a deadline to recover penalties from non-consenting operators.  Here’s the week in review: About The Author

Posted in Weekly Updates

At the Well Weekly – Oil and Gas Update for Week Ending 2/2/2018 – Mountain Valley Pipeline Gets a Win; Tax Washes and Dunham in the PA Courts; Mineral Rights Part of Debtor’s Estate Per Bankruptcy Court.

Since our last report, natural gas spot prices held around $3/MMBtu and the rig count is essentially flat while fluctuating oil prices flirted with $70/bbl. In Appalachia, a pipeline project gets a victory while Pennsylvania courts grapple with tax washes and the so-called “Dunham Rule” for oil and gas reservations. In other news, a Texas court denies a landman’s claim for compensation under the statute of frauds, a Kansas court denies a lease-busting attempt by landowners, and a Wisconsin bankruptcy court held that mineral rights are part of the debtor’s estate. Here’s the week in review: About The Author

Posted in Uncategorized
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At the Well Weekly
Welcome to At the Well Weekly, a blog designed for busy folks in the oil and gas industry. If you haven’t read a thing during the week, our hope is that you can breeze through the update and be up to speed on the basics such as current rig counts, commodity prices, and case law updates on legal issues of interest in Appalachia and elsewhere.
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Cozen O’Connor Blogs