Our Thoughts On Archive

Understanding Cyberthreats in our Energy Infrastructure

Cybercrime Motive Most cyberattacks are simply motivated by money – revenue from cybercrime has reached nearly $1.5 trillion per year. The majority

Impact Fee Imposed by Pennsylvania Supreme Court

The Supreme Court of Pennsylvania issued its decision in Snyder Brothers, Inc. v. Pennsylvania Public Utility Commission, ruling that impact fees applied

Key Oil and Gas Provisions Remain Through Tax Reform

While there have been sweeping changes due to the Tax Cuts and Jobs Act of 2017, a few key components that taxpayers in the oil and gas industry have routinely

PA DEP Issues 2017 Annual Oil and Gas Report

On August 31, the Pennsylvania Department of Environmental Protection (DEP) released its 2017 annual oil and gas report. The DEP, with a mission of “protecting

PA DEP Calls for Plugging of Almost 1,100 Wells

The Pennsylvania Department of Environmental Protection (DEP) estimates that there are between 100,000 and 500,000 abandoned, unplugged wells in the commonwealth,

ASU 2016-02: How the Lease Standard Will Impact Drilling Companies

On February 25, 2016, the Financial Accounting Standards board (“FASB”) issued ASU 2016-02 on leases, which is effective for calendar periods