HOUSTON A federal judge has approved a class action settlement, including $24.4 million in a cash fund to resolve litigation against Repsol Oil and Gas USA, LLC, formerly Talisman Energy USA, Inc., for royalty owners’ claims that the company improperly allocated production volumes and underpaid owners for wells operated in the Eagle Ford shale basin in South Texas.
In addition to the cash fund, Repsol waived any right to recover over $12 million in past overpayments to royalty owners. Judge Keith P. Ellison in the U.S. District Court for the Southern District of Texas, Houston Division, approved the class action settlement and entered an order of judgment following a final fairness hearing May 12. The hearing was the final step in the settlement process after the judge gave preliminary approval last December to the class action settlement, the certification of the class for the settlement and the plan of allocation.
/PRNewswire/ A federal judge has approved a class action settlement, including $24.4 million in a cash fund to resolve litigation against Repsol Oil and Gas.
Starfire Energy announces closing of major funding round to produce carbon free ammonia and hydrogen solutions
Share Article DENVER (PRWEB) April 08, 2021 Starfire Energy, a developer of modular chemical plants for the production of carbon-free ammonia and carbon-free hydrogen, today announced the close of a major funding round. The investment round was led by AP Ventures, a significant investor in breakthrough hydrogen technologies, and included New Energy Technologies, Chevron Technology Ventures, Osaka Gas USA, and Mitsubishi Heavy Industries. Proceeds will be used to advance the development of commercial scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier.
Mar 3, 2021
ALEXANDER – About 42,000 gallons of produced water was released at an injection well about six miles southwest of Alexander on Thursday.
The North Dakota Department of Environmental Quality (NDDEQ) was notified Friday of the spill at the well operated by Samson Oil and Gas USA, Inc.
The cause of the spill was a cracked frozen pre-filter pot, officials said. The produced water escaped through the berm impacting rangeland. Produced water is a by-product of oil production. An injection well is used for enhanced oil recovery.
Personnel from the NDDEQ are inspecting the site and will continue to monitor the investigation and remediation.
North Dakota reports brine spills in McKenzie County
The North Dakota Department of Environmental Quality has recently reported two produced water spills in the heart of the state s Oil Patch. Written By: Jeremy Turley | ×
An oil well pumps at sunrise in western North Dakota s Bakken Formation. Forum News Service file photo
BISMARCK The North Dakota Department of Environmental Quality has recently reported two produced water spills in McKenzie County, the heart of the state s Oil Patch.
Produced water, or brine, is a mixture of saltwater, oil and sometimes, drilling fluids, that is created during oil and gas production.
The department announced last week that nearly 25,000 gallons of brine spilled at a saltwater disposal well three miles south of Alexander due to a cold-weather equipment failure. Bakken Disposal LLC reported that all of the spilled brine was recovered on site.