After a significant wave in 2015 and 2016, bankruptcy filings in the exploration and production (“E&P”) sector of the oil and gas industry temporarily leveled off.
Publications | June 25, 2019
The Asset has named PT Medco Energi Internasional Tbk.’s (MedcoEnergi) US$500 million six-year secured revolving reserve-based lending (RBL) facility as the “Oil and Gas Deal of the Year – Indonesia” at its Asset Triple A Asia Infrastructure Awards 2019.
Firm News | May 30, 2019
On April 16, 2019, the Governor of Colorado signed Senate Bill 19-181 (“SB-181”) into law, making sweeping changes to Colorado’s framework for oil and gas regulation.
Client Alert | April 25, 2019
On March 29, 2019, the U.S. Environmental Protection Agency finalized the New Owner Clean Air Act Audit Program (the “Program”) for the oil and natural gas sector. Under the Program, new owners of upstream exploration and production sites can seek complete civil penalty mitigation in exchange for auditing their sites for Clean Air Act violations, disclosing any violations, and correcting those violations on an agreed timeline.
Client Alert | April 3, 2019
Houston partner Justin Stolte and associates James Robertson and Jordan Silverman are the authors of "Bridging The Divide" [PDF] published in the April 2019 issue of Oil and Gas Investor.
Publications | March 28, 2019
In this webcast, Gibson Dunn lawyers discuss capital markets transactions that are currently popular in the oil and gas industry.
Webcasts | February 26, 2019
Law360 named Gibson Dunn one of its five Energy Groups Of The Year [PDF] for 2018. The practice group was recognized for securing deals in the renewable energy space and handling a range of complex financial transactions and litigation.
Firm News | February 1, 2019
Gibson Dunn lawyers review the current state of mergers and acquisitions at the corporate level (“M&A”) and acquisitions and divestitures at the asset level (“A&D”) in the oil and gas sector, and provide thoughts on what 2019 holds for the sector.
Webcasts | January 24, 2019
On November 15, 2018, the Federal Energy Regulatory Commission ("FERC") issued a Notice of Proposed Rulemaking ("NOPR") addressing how electric utilities are to modify their cost-based rates to account for the impact of the Tax Cuts and Jobs Act of 2017 on accumulated deferred income taxes ("ADITs").
Client Alert | November 26, 2018
U.S. News – Best Lawyers® awarded Gibson Dunn Tier 1 rankings in 132 practice area categories in its 2019 “Best Law Firms” [PDF] survey. Overall, the firm earned 169 rankings in nine metropolitan areas and nationally.
Firm News | November 1, 2018
Houston partners Hillary Holmes, Gerry Spedale and James Chenoweth are the authors of "Four Questions To Ask Before An IPO," [PDF] published in the October 2018 issue of Midstream Business.
Article | October 8, 2018
On September 28, 2018, President Trump signed into law amendments to Section 203 of the Federal Power Act that, among other things, narrow the scope of transactions that require prior approval from the Federal Energy Regulatory Commission (“FERC”).
Client Alert | October 1, 2018
Click on PDF On July 30, 2018, the Environmental Protection Agency ("EPA") published a final rule amending the national minimum criteria for existing and new landfills and surface impoundments that contain coal combustion residuals ("CCR"), also known as coal ash.
Client Alert | July 31, 2018
Five Gibson Dunn partners were recognized in Who’s Who Legal’s Energy 2018 guide: Houston partners Michael Darden and Hillary Holmes, London partner Anna Howell, Singapore partner Brad Roach, and Washington, D.C. partner William Scherman.
Firm News | July 2, 2018
Justin Stolte has been named to Houston Business Journal’s 40 Under 40 Class of 2018, featuring “aspirational young professionals” selected for “leadership, overcoming challenges and community involvement.” His profile ran June 1, 2018.
Firm News | June 1, 2018
At its annual USA Excellence Awards, Chambers and Partners named Gibson Dunn the winner in the Corporate Crime & Government Investigations category.
Firm News | May 25, 2018
In early 2017, Indonesia established a new form of production sharing contract (‘PSC’), the Gross-Split PSC, which abolished the cost recovery system first pioneered by Indonesia in 1966.
Article | April 13, 2018
Last week, on March 15, 2018, the Federal Energy Regulatory Commission (FERC) issued a number of orders aimed at addressing potential over-recovery of income tax in pipelines' regulated rates.
Client Alert | March 19, 2018
Houston partner Michael Darden is the author of "Drilling Down on DrillCos," [PDF] published by Oil & Gas Investor in March 2018.
Article | March 1, 2018
Oil and gas prices are recovering and there is a friendlier regulatory climate in Washington for capital raising. Times may never be better for considering an initial public offering for your company.
Webcasts | February 14, 2018
With the beginning of a new presidential administration, 2017 was a year of notable transition in key areas of environmental law and policy. Not surprisingly, few sectors experienced that transition more than the oil and gas sector.
Client Alert | January 22, 2018
Commodity prices tend to drive M&A and A&D activity in the energy sector, and one can argue that price stability is as important, if not more important, than whether prices are high or low.
Webcasts | January 10, 2018
The Internal Revenue Service (the "IRS") has announced relief from certain time sensitive deadlines for taxpayers affected by Hurricane Harvey (https://www.irs.gov/newsroom/tax-relief-for-victims-of-hurricane-harvey-in-texas).
Client Alert | September 5, 2017
Houston partner Justin Stolte is the author of "Preserving The Business Deal in The Final Hours," [PDF] published by Law360 on September 1, 2017.
Article | September 1, 2017
Houston partner Michael Darden and associate Matt Savage are the authors of “An Overview of DrillCo Transactions and Select Drafting Considerations,” [PDF] published by the Oil, Gas & Energy Resources Law Section of the State Bar of Texas in Volume 42, Number 1: Fall 2017 of the Oil, Gas Energy Law Section Report.
Article | September 1, 2017
On 13 January 2017, the Ministry of Energy and Mineral Resources of the Republic of Indonesia issued Regulation No. 18 of 2017, which introduces a new form of gross-split production sharing contract and abolishes the cost recovery system, which has been a feature of Indonesia's production sharing contracts since their inception in 1966.
Client Alert | May 31, 2017
Dubai and London partner Paul Harter is the author of "A $3.5b Payout and Nothing to Show for it" [PDF] published on June 3, 2016 by Gulf News.
Article | June 3, 2016
Singapore partner Brad Roach is the author of "Private Equity Participation in the Asian Oil & Gas Industry" [PDF] published on January 26, 2016 in the Energy and Natural Resources Expert Guide.
Article | January 26, 2016
Singapore partner Brad Roach and associate Karthik Ashwin Thiagarajan are the authors of "Drilling Into New Ground" [PDF] published in the October issue of Private Equity International.
Article | October 1, 2015
The U.S. Environmental Protection Agency (EPA) announced its highly anticipated proposal for targeting methane emissions from oil and gas production on January 14, 2015.
Client Alert | January 15, 2015
On December 31, 2013, in Newco Energy v. Energytec, Inc. (In re Energytec, Inc), the Fifth Circuit ruled that certain rights connected to a gas pipeline--in particular, the right to receive a "transportation fee" based on gas throughput and the requirement that the recipient of the transportation fee consent to any assignment of interests in the pipeline--were covenants running with the land under Texas law.
Client Alert | February 3, 2014
Since his inauguration in December 2012, Mexico’s President Enrique Peña Nieto has moved to liberalize and strengthen his country’s economy, with an emphasis on telecommunications, tax and financial reforms.
Client Alert | January 9, 2014
On 13 November 2012, the Indonesian Constitutional Court held that the Upstream Oil and Gas Regulator in Indonesia, commonly known as BP MIGAS, was unconstitutional.
Client Alert | November 15, 2012
Dallas partner Robert Little is the author of "Ins and Outs of Purchasing Natural Gas-Fueled Power Plants" [PDF] published in Texas Lawyer on July 16, 2012.
Client Alert | July 16, 2012