For the better part of the last decade, oil and natural gas production from domestic wells has increased steadily.
On November 17, 2014, Halliburton Company (“Halliburton”) announced plans to acquire Baker Hughes, Inc. (“Baker Hughes”) for $34.6 billion.
In Olympia Minerals et al v. HS Resources, et al, the Louisiana Supreme Court addressed a decision we discussed in a February entry by affirming in part, reversing in part, amending in part and remanding (because why do one thing when you can do four).
Voters in the Dallas suburb of Denton, TX have spoken—they don’t want hydraulic fracturing to take place anywhere near their homes, and have voted to ban the energy extraction practice. But while the long-awaited and much-discussed vote has come and gone, this fracking fight is far from reaching its conclusion.
The development of new oil and gas in various shale plays around the U.S. has led to a rise in the number of transfers and acquisitions of pipeline assets.