The Oil & Gas Journal ReEnterprised podcast addresses issues facing the petroleum industry in a way that highlights its transformation in light of the energy transition to a net-zero carbon future, as well as the ongoing evolution to a more inclusive and equitable society, With in-depth perspectives from OGJ editors and guests from all facets of the business, the podcast will explore and discuss the ways operators, service companies, and their employees from this historically very traditional industry are working through and finding solutions to these more progressive, nontraditional issues.
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The Oil & Gas Journal ReEnterprised podcast addresses issues facing the petroleum industry in a way that highlights its transformation in light of the energy transition to a net-zero carbon future, as well as the ongoing evolution to a more inclusive and equitable society, With in-depth perspectives from OGJ editors and guests from all facets of the business, the podcast will explore and discuss the ways operators, service companies, and their employees from this historically very traditional industry are working through and finding solutions to these more progressive, nontraditional issues.
Insights: When wells go idle – regulation, bankruptcy, and the business of decommissioning
Oil & Gas Journal ReEnterprised
33 minutes
4 weeks ago
Insights: When wells go idle – regulation, bankruptcy, and the business of decommissioning
In this episode of the Oil & Gas Journal ReEnterprised podcast, OGJ managing editor Mikaila Adams sits down with Andrew Stakelum, an energy disputes partner at King & Spalding LLP, to unpack oil and gas decommissioning from a big picture standpoint.
Wondering what happens when an operator goes bankrupt? Or when decades-old wells still need to be plugged? Stakelum explains why decommissioning is a business and regulatory puzzle shaped by bankruptcy law, fragmented oversight, and shifting federal rules.
From 'boomerang liability' to the ripple effects of financial assurance requirements, the conversation notes how operators, regulators, and sureties are all recalibrating in real time.
Oil & Gas Journal ReEnterprised
The Oil & Gas Journal ReEnterprised podcast addresses issues facing the petroleum industry in a way that highlights its transformation in light of the energy transition to a net-zero carbon future, as well as the ongoing evolution to a more inclusive and equitable society, With in-depth perspectives from OGJ editors and guests from all facets of the business, the podcast will explore and discuss the ways operators, service companies, and their employees from this historically very traditional industry are working through and finding solutions to these more progressive, nontraditional issues.