Creel & Associates Inc

Oil & Gas News

Louisiana

Louisiana House Bill 30 Proposes Severance Rate Reduction For Oil

LA HB30 was prefiled on February 25, 2021. This Bill proposes several changes to the oil severance tax – it...
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Federal ONRR

UPDATED: ONRR 2020 Valuation Reform and Civil Penalty Rule Effective Date Moved To November 1, 2021

UPDATE: The ONRR published in the Federal Register a delay in the effective date of the ONRR 2020 Valuation Reform...
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Louisiana

Louisiana House Bill No. 29 Vetoed by Governor

House Bill 29 (LA HB29) was vetoed by Gov. John Bel Edwards. House Bill 29 would have exempted certain oil...
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Federal ONRR

The Comment Period Ends Nov 30, 2020 for the Proposed ONRR 2020 Valuation Reform and Civil Penalty Rule

The Office of Natural Resources Revenue (ONRR) is publishing this proposed rule to amend portions of its regulations for (1)...
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Texas

Railroad Commission of Texas Extends Certain Expirations and Filing Requirements to December 31, 2020

Disclaimer: The purpose of this article is to make you aware of certain communication from the Railroad Commission of Texas...
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Louisiana

2020 Memorandum Regarding Force Majeure to Louisiana State Lease Operators

Disclaimer: The purpose of this article is to make you aware of certain informational communication from the Louisiana Office of...
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Louisiana

Louisiana House Bill No. 29 Has Passed and Has Been Sent to Governor for Approval

Louisiana House Bill No. 29 was passed October 2020 and has been sent to the Governor for approval. House Bill...
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Federal ONRR

The Deadline for ONRR 2016 Valuation Rule Compliance was October 1, 2020

The Office of Natural Resources Revenue (ONRR) established new federal oil and gas reporting rules under the 2016 Valuation Rule....
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