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State law often limits the rule of capture to protect correlative rights of neighboring owners. [2] Government agencies and state oil and gas conservation commissions, such as the Texas Railroad Commission , have developed conservation laws which regulate extraction by individual owners to protect the rights of the mineral owners and to prevent ...
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The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and regulates the prices of interstate transport of petroleum by pipeline.
United Petroleum is an Australian petrol retailer and importer. It was established in 1993 and, as of October 2020 [update] , has over 450 petrol stations in Australia. [ 1 ] The company also owns Pie Face , a pie outlet it acquired in 2017 and subsequently rolled out to many of its service stations.
In 2005, IOGP absorbed the European Petroleum Survey Group or EPSG (1986–2005) into its structure as IOGP Geomatics Committee. EPSG was a scientific organization with ties to the European petroleum industry consisting of specialists working in applied geodesy , surveying , and cartography related to oil exploration .
United Gas Corporation was a major oil company from its inception in 1930 to its hostile takeover and subsequent forced merger with Pennzoil in 1968. [6] [7] [8] Headquartered in Shreveport, Louisiana, United and its major subsidiaries, Union Producing Company, United Gas Pipeline Company, Atlas Processing, UGC Instruments, and Duval Mining, performed integrated exploration, production ...
Linn Energy, Inc. was a hydrocarbon exploration company based in Houston.In 2018, the company split into Roan Resources and Riviera Resources. As of December 31, 2017, the company had 1.968 trillion cubic feet equivalent of estimated proved reserves, of which 8% were petroleum, 70% were natural gas, and 22% were natural gas liquids.
The commission was established in 1907 and the First Oklahoma Legislature gave the commission authority to regulate public service corporations. [4]Railroad, telephone and telegraph companies were the companies first regulated by the commission, which also collected records of the stockholders, officers and directors of corporations chartered or licensed to do business in Oklahoma. [4]