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Unitizing Oil And Gas Fields Around The World
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Book Synopsis Unitizing Oil and Gas Fields Around the World by : David Asmus
Download or read book Unitizing Oil and Gas Fields Around the World written by David Asmus and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of petroleum resources through cooperative rather than competitive mechanisms has assumed great importance globally. Unitization is the joint, coordinated operation of a petroleum reservoir by all the different owners of the reservoir; it is the best mechanism for assuring the maximum recovery of hydrocarbons in an efficient manner. Unitization is common in the United States where private ownership of mineral interests has created many small tracts of land with multiple ownership interests. As oil and gas resource development spreads around the globe, unitization is increasingly pursued in many other countries where different license holders seek to exploit blocks located in a common reservoir. Yet, virtually no analysis has been done on the unitization provisions of laws and contractual agreements outside of the United States. This article first surveys and compares the unitization laws, regulations and model contracts of 11 developing countries (including Angola, Brazil and China) and the United Kingdom, in terms of many key factors such as whether the country has unitization provisions, what circumstances trigger unitization, and what factors determine unit interests of the different participants. The article then looks at the practices used to unitize different parties' interests in international projects, including the use of pre-unitization agreements and combined unitization and unit operating agreements. The article next analyzes 11 actual unitization contracts from a diverse group of countries, such as Algeria, Ecuador, Indonesia and the United Arab Emirates. Key provisions are compared and summarized, such as the depth and areal extent of the unitization, the determination and redetermination of tract interests, and the procedures for unit decisionmaking. The article concludes with observations about best practices for unitization and also includes appendices of the assembled laws, regulations and model contracts used in the analysis and a mathematical example of a unit redetermination.
Book Synopsis The Law on Petroleum Unitization by : Paul F. Worthington
Download or read book The Law on Petroleum Unitization written by Paul F. Worthington and published by Edward Elgar Publishing. This book was released on 2020-05-29 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive book addresses both the principles and the practicalities of petroleum unitization. Paul F. Worthington draws on both his extensive experience of the global petroleum industry and his insights into petroleum unitization in some 90 jurisdictions worldwide to map out the evolution of and rationale for unitization in legislation and to provide much-needed guidance on the formulation of a legislative framework for effective regulatory governance of the unitization process.
Book Synopsis The Continental Shelf Beyond 200 Nautical Miles by : Joanna Mossop
Download or read book The Continental Shelf Beyond 200 Nautical Miles written by Joanna Mossop and published by Oxford University Press. This book was released on 2016 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses states' rights, and obligations oncerning the extended continental shelf in international law; including protecting the marine environment; and regulating activities such as fishing, marine bioprospecting, and exploitation of non-living resources.
Book Synopsis Suggested Procedures to Facilitate the Unitization of Oil and Gas Fields by : Marshall W. Myers
Download or read book Suggested Procedures to Facilitate the Unitization of Oil and Gas Fields written by Marshall W. Myers and published by . This book was released on 1959 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Transboundary Aquifers written by UNESCO and published by UNESCO Publishing. This book was released on 2022-11-25 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Finders Keepers? by : Terence Daintith
Download or read book Finders Keepers? written by Terence Daintith and published by Earthscan. This book was released on 2010 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the beginnings of the oil industry, production activity has been governed by the 'law of capture,' dictating that one owns the oil recovered from one's property even if it has migrated from under neighboring land. This 'finders keepers' principle has been excoriated by foreign critics as a 'law of the jungle' and identified by American commentators as the root cause of the enormous waste of oil and gas resulting from U.S. production methods in the first half of the 20th century. Yet while in almost every other country the law of capture is today of marginal significance, it continues in.
Book Synopsis The International Law of Energy by : Jorge Viñuales
Download or read book The International Law of Energy written by Jorge Viñuales and published by Cambridge University Press. This book was released on 2022-09-15 with total page 579 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world's energy structure underpins the global environmental crisis and changing it will require regulatory change at a massive level. Energy is highly regulated in international law, but the field has never been comprehensively mapped. The legal sources on which the governance of energy is based are plentiful but they are scattered across a vast legal expanse. This book is the first single-authored study of the international law of energy as a whole. Written by a world-leading expert, it provides a comprehensive account of the international law of energy and analyses the implications of the ongoing energy transformation for international law. The study combines conceptual and doctrinal analysis of all the main rules, processes and institutions to consider the past, present and likely future of global energy governance. Providing a solid foundation for teaching, research and practice, this book addresses both the theory and real-world policy dimension of the international law of energy.
Book Synopsis The Law of the Seabed by : Catherine Banet
Download or read book The Law of the Seabed written by Catherine Banet and published by BRILL. This book was released on 2020-01-29 with total page 637 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Law of the Seabed reviews the most pressing legal questions raised by the use and protection of natural resources on and underneath the world’s seabeds. While barely accessible, the seabed plays a major role in the Earth’s ecological balance. It is both a medium and a resource, and is central to the blue economy. New uses and new knowledge about seabed ecosystems, and the risks of disputes due to competing interests, urge reflection on which regulatory approaches to pursue. The regulation of ocean activities is essentially sector-based, and the book puts in parallel the international and national regimes for seabed mining, oil and gas, energy generation, bottom fisheries, marine genetic resources, carbon sequestration and maritime security operations, both within and beyond the national jurisdiction. The book contains seven parts respectively addressing the definition of the seabed from a multidisciplinary perspective, the principles of jurisdiction delimitation under the United Nations Convention on the Law of the Sea (UNCLOS), the regimes for use of non-living, living and marine biodiversity resources, the role of state and non-state actors, the laying and removal of installations, the principles for sustainable and equitable use (common heritage of mankind, precaution, benefit sharing), and management tools to ensure coexistence between activities as well as the protection of the marine environment.
Book Synopsis The Regulation of Decommissioning, Abandonment and Reuse Initiatives in the Oil and Gas Industry by : André Pereira da Fonseca,
Download or read book The Regulation of Decommissioning, Abandonment and Reuse Initiatives in the Oil and Gas Industry written by André Pereira da Fonseca, and published by Kluwer Law International B.V.. This book was released on 2020-08-10 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the process of resolving disputes, it is not uncommon for parties to justify actions otherwise in breach of their obligations by invoking the need to protect some aspect of the elusive concept of public order. Until this thoroughly researched book, the criteria and factors against which international dispute bodies assess such claims have remained unclear. Now, by providing an in-depth comparative analysis of relevant jurisprudence under four distinct international dispute resolution systems – trade, investment, human rights and international commercial arbitration – the author of this invaluable book identifies common core benchmarks for the application of the public order exception. To achieve the broadest possible scope for her analysis, the author examines the public order exception’s function, role and application within the following international dispute resolution systems: relevant World Trade Organization (WTO) agreements as enforced by the organization’s Dispute Settlement Body and Appellate Body; international investment agreements as enforced by competent Arbitral Tribunals and Annulment Committees under the International Center for Settlement of Investment Disputes; provisions under the Inter-American Convention of Human Rights and the European Convention of Human Rights as enforced by the Inter-American Court of Human Rights and the European Court of Human Rights, respectively; and the New York Convention as enforced by national tribunals across the world. Controversies, tensions and pitfalls inherent in invoking the public order exception are elucidated, along with clear guidelines on how arguments may be crafted in order to enhance prospects of success. Throughout, tables and graphs systematize key aspects of the relevant jurisprudence under each of the dispute resolution systems analysed. As an immediate practical resource for lawyers on any side of a dispute who wish to invoke or strengthen a public order exception claim, the book’s systematic analysis will be welcomed by lawyers active in WTO disputes, international investment arbitration, human rights law or enforcement of foreign arbitral awards. Academics and policymakers will find a signal contribution to the ongoing debate on the existence, legal basis, content and functions of the transnational public order.
Book Synopsis International Taxation and the Extractive Industries by : Philip Daniel
Download or read book International Taxation and the Extractive Industries written by Philip Daniel and published by Routledge. This book was released on 2016-09-23 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: The taxation of extractive industries exploiting oil, gas, or minerals is usually treated as a sovereign, national policy and administration issue. This book offers a uniquely comprehensive overview of the theory and practice involved in designing policies on the international aspects of fiscal regimes for these industries, with a particular focus on developing and emerging economies. International Taxation and the Extractive Industries addresses key topics that are not frequently covered in the literature, such as the geo-political implications of cross-border pipelines and the legal implications of mining contracts and regional financial obligations. The contributors, all of whom are leading researchers with experience of working with governments and companies on these issues, present an authoritative collection of chapters. The volume reviews international tax rules, covering both developments in the G20-OECD project on ’Base Erosion and Profit Shifting’ and more radical proposals, identifying core challenges in the extractives sector. This book should become a core resource for both scholars and practitioners. It will also appeal to those interested in international tax issues more widely and those who study environmental economics, macroeconomics and development economics.
Book Synopsis Joint Development of Hydrocarbon Deposits in the Law of the Sea by : Vasco Becker-Weinberg
Download or read book Joint Development of Hydrocarbon Deposits in the Law of the Sea written by Vasco Becker-Weinberg and published by Springer. This book was released on 2014-08-05 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the concept and purpose of joint development agreements of offshore hydrocarbon deposits from the perspective of public international law and the law of the sea, taking into consideration and extensively reviewing State practice concerning seabed activities in disputed maritime areas and when hydrocarbon deposits extend across maritime boundaries. It distinguishes between agreements signed before and after the delimitation of maritime boundaries and analyzes the relevance of natural resources or unitization clauses included in maritime delimitation agreements. It also takes into consideration the relation between these resources and maritime delimitation and analyzes all the relevant international jurisprudence. Another innovative aspect of this book is that it examines the possibility of joint development of resources that lay between the continental shelf and the Area, considering both theoretical and practical problems. As such, the book is a useful tool for scholars and experts on public international law and the law of the sea, but also for national authorities and practitioners of international disputes resolution, as well as public and private entities working in the oil and gas industry.
Book Synopsis Voluntary Pooling and Unitization: Oil and Gas by : Leo J. Hoffman
Download or read book Voluntary Pooling and Unitization: Oil and Gas written by Leo J. Hoffman and published by . This book was released on 1954 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Oil, Gas, and Mining by : Peter D. Cameron
Download or read book Oil, Gas, and Mining written by Peter D. Cameron and published by World Bank Publications. This book was released on 2017-06-01 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Oil, Gas, and Mining: A Sourcebook for Understanding the Extractive Industries provides developing countries with a technical understanding and practical options around oil, gas, and mining sector development issues. A central premise of the Sourcebook is that good technical knowledge can better inform political, economic, and social choices with respect to sector development and the related risks and opportunities. The guidance provided by the Sourcebook assumes a broad set of overarching principles, all centered on good governance and directed at achieving positive and broadly based sustainable development outcomes. This Sourcebook is rich in presenting options to challenges, on the understanding that contexts and needs vary, and that there is much to be gained from appreciating the lessons learned from a broad set of experiences.
Book Synopsis Collective Aquifer Governance by : Todd Jarvis
Download or read book Collective Aquifer Governance written by Todd Jarvis and published by Cambridge University Press. This book was released on 2022-02-03 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern models of groundwater governance require a rethink of scale and jurisdictional boundaries. Using case studies and a gaming activity to explore the incentives and challenges to aquifer governance, this book demonstrates how the principles of unitization agreements, applied to aquifers, could provide a new approach to governance models.
Book Synopsis The Regulation of Continental Shelf Development by : Myron H. Nordquist
Download or read book The Regulation of Continental Shelf Development written by Myron H. Nordquist and published by Martinus Nijhoff Publishers. This book was released on 2013-08-22 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The lack of international conventional law governing the operational aspects of continental shelf activity may be characterized as unfinished business of the UN Convention on the Law of the Sea. The Convention, adopted in 1982, generally addressed the issue but did not consider more detailed development of the legal regime for the continental shelf. In The Regulation of Continental Shelf Development: Rethinking International Standards, leading experts from around the world identify and explore a multitude of unresolved legal concerns related to the continental shelf. The current state of continental shelf activities is explored through the following lenses: • Contemporary uses, including an overview on offshore wind energy in the EU, an analysis of the use of submarine cables under UNCLOS, and a discussion of the varied potential for mining marine materials; • Emerging challenges, such as ISA seabed mining standards, the recent ITLOS decision regarding the Bay of Bengal, and the role of the IMO in establishing safety standards for transboundary effects of oil pollution for offshore platforms; • Comparative best practices in environmental regulation; • Probabilistic risk assessment, with a thorough definition of PRA and a critical examination of continental shelf disasters; • Decommissioning offshore installations and structures, including an overview of the global regime as particularly provided in Articles 60(3) and 80 of UNCLOS; • Liability and compensation; and finally, • Unfinished business on UNCLOS III. The varied voices of experts collected within The Regulation of Continental Shelf Development: Rethinking International Standards offer a timely understanding of past, present, and future issues related to the continental shelf. The volume is a must-read for all those interested in environmental law and the law of the sea.
Book Synopsis International Agreements between Non-State Actors as a Source of International Law by : Melissa Loja
Download or read book International Agreements between Non-State Actors as a Source of International Law written by Melissa Loja and published by Bloomsbury Publishing. This book was released on 2022-09-22 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines whether international agreements between non-state actors can be identified as a source of international law using objective criteria. It asks whether, beyond Article 38 of the Statute of the International Court of Justice, there is a system of rules, processes, beliefs or semantics by which these agreements can be objectively identified as a source of international law. Departing from the more usual state-centric analysis, it adopts postmodern legal positivism as its analytical tool. This allows for the reality that international law-making takes place in subjective social landscapes. To test the effectiveness of this approach, it is applied to agreements between petroleum agencies and corporations which allow two or more states to exploit disputed resources across boundaries looking in particular at arrangements involving China, Vietnam and the Philippines. By so doing it illustrates an alternative way that states can manage disputes, without having to resort to conflict. It will appeal to both scholars and practitioners of public international law, as well as civil servants.
Author :Ues Enmez Emre Paterson John Gordon Greg Publisher :Edinburgh University Press ISBN 13 :0748697837 Total Pages :705 pages Book Rating :4.7/5 (486 download)
Book Synopsis Oil and Gas Law by : Ues Enmez Emre Paterson John Gordon Greg
Download or read book Oil and Gas Law written by Ues Enmez Emre Paterson John Gordon Greg and published by Edinburgh University Press. This book was released on 2014-05-14 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: This highly successful book brings together academic and practising lawyers to consider the key regulatory and contractual dimensions of the mature hydrocarbon province. Now in its second edition, the text has been fully updated. New chapters look at Energy Security, Law and Technology in the Oil Field and Acquisitions and Disposals.
