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A California law that bans drilling new oil wells near places like homes and schools will take effect after the oil industry on Thursday withdrew a referendum from the November ballot asking ...
A California law that severely restricts oil drilling within close proximity to homes, schools and businesses is set to take effect after an industry group said it would withdraw an expensive ...
The 2004 environmental review by the county allowed the site owner at that time, Freeport McMoRan, to build 95 oil production wells, 30 steam-injection wells and three steam generators, as well as ...
Oil and gas law practitioners usually fall into three broad categories. First, oil and gas companies usually have in-house attorneys that advise the company of its rights and the legal issues. These attorneys are usually assisted by landmen, who examine property titles, land oil and gas rights, and acquire property for the company. Landmen may ...
Senate Bill 953 would have allowed the State Lands Commission to terminate offshore oil leases by the end of 2024 if the agency was unable to negotiate voluntary buyouts with petroleum companies.
The resulting oil slick came ashore along 35 miles (56 km) of coastline in Santa Barbara County, and turned public opinion against offshore drilling in California. [11] In response to the oil spill, US Secretary of the Interior Walter Hickel removed 53 square miles (140 km 2) of federal tracts near Santa Barbara from oil and gas leasing.
The California Supreme Court ruled Thursday that Monterey County cannot enforce a voter-approved ban on new oil and gas wells, a decision that comes amid an ongoing battle over how the state ...
The oil and gas company offering the highest up-front payment to the government (called a bonus) wins the lease. The government also receives a fixed annual rental based on the area for non-producing leases, and a percentage of the market value of any oil or gas produced and sold (royalty). The leases expire after a set number of years, or ...