Congratulations to PPGMR's Molly Shepherd for being honored in the "20 in their 20s" list by Arkansas Business. Every year Arkansas Business puts the spotlight on talented young leaders in Arkansas' business and nonprofit community. Each "20 in Their 20s" class is chosen by an internal committee reviewing more than 300 nominations with an eye toward accomplishments, responsibilities and people clearly ahead of their time.
The Arkansas Plant Board's Dicamba Task Force, charged with investigating the growing controversy surrounding the herbicide and recommending a plan of action to the Board, announced this week that it will recommend that dicamba not be used after April 15, ...
PPGMR Law is proud to announce five of its attorneys have been named to The Best Lawyers in America 2018 list. Julie D. Greathouse, PPGMR managing partner, received the Best Lawyers™ 2018 "Lawyer of the Year" award in Little Rock for the practice area of Litigation - Environmental.
Congratulations to Julie D. Greathouse, James D. Rankin III, Brian Ratcliff, John Peiserich, and G. Alan Perkins!
In May, the Texas Supreme Court handed down its decision in Lightning Oil Company v. Anadarko E&P; Onshore, LLC, No. 15-0910 (Tex. May 19, 2017), holding that an oil and gas operator did not need a mineral lessee’s consent to utilize an off-site location for directional drilling. The case arose out of a dispute between an oil and gas operator (Anadarko) that wanted to drill off-site from an adjacent tract and the mineral lessee of that adjacent tract (Lightning).
On July 13, U.S. Secretary of the Interior Ryan Zinke announced the availability of 75.9 million acres in the Gulf of Mexico for lease for the purpose of oil and gas exploration. The sale will be held on August 16, 2017 in New Orleans.
To encourage oil and gas exploration, shallow water leases will have a reduced royalty rate. Leases in less than 200 meters of water will have a 12.5% royalty rate, and those in depths greater than 200 meters are subject to an 18.75% royalty rate. The sale will include 14,220 unleased blocks, from three to 231 miles offshore in water depths from nine to 11,115 feet.
This sale is the first offshore sale of the Outer Continental Shelf Oil and Gas Leasing Program, which was created as required by the Outer Continental Shelf (OCS) Lands Act. The Leasing Program covers the years 2017-2022 was approved in early 2017. It scheduled 11 potential lease sales in two program areas in all or parts of 4 OCS planning areas: 10 sales in the combined Gulf of Mexico (GOM) Program Area, and one sale in the Cook Inlet Program Area offshore Alaska.
