Articles From Craig R. Hedin

2026 Oil and Gas Assessment Schedule By Craig R. Hedin Mineral Law, December 2025 The 2026 Oil and Gas Assessment schedule has been approved, whereby these 2026 taxes will be payable in 2027. 
Tax Deed Proceedings Challenged By Craig R. Hedin Real Estate Law, November 2025 A look at the case Integrity Investment et al. v. Illinois Attorney General et al. and how the future of tax deed proceedings may be changed based on this litigation. 
One Big Beautiful Bill Act—Positive Aspects for the Oil and Gas Industry By Craig R. Hedin Mineral Law, September 2025 Learn more about the One Big Beautiful Bill Act and how this law will impact the oil and gas industry. 
Tax Deed Proceedings Challenged By Craig R. Hedin Mineral Law, September 2025 A look at the case Integrity Investment et al. v. Illinois Attorney General et al. and how the future of tax deed proceedings may be changed based on this litigation. 
U.S. EPA Extends Deadlines in Clean Air Act Rule By Craig R. Hedin Mineral Law, September 2025 A brief summary of the U.S. Environmental Protection Agency's interim final rule to extend several compliance deadlines in the 2024 New Source Performance Standards (NSPS) and Emissions Guidelines for oil and gas operations commonly known as OOOOb\c.
Well Security Requirements Amended By Craig R. Hedin Real Estate Law, August 2025 Senate Bill 2463 was amended and subsequently the bill passed in the Senate on April 10, 2025, and passed in the House on May 22, 2025. The bill amends the amounts required for security and the right to provide cash security.
Illinois Joins Coalition Suing Trump Administration on Energy Executive Order By Craig R. Hedin Environmental and Natural Resources Law, July 2025 On January 20, 2025, President Trump declared a national energy emergency to fast-track energy projects, citing unreliable energy supply. A coalition of 15 states sued, arguing the emergency is unjustified and the order unlawfully bypasses environmental laws, risking harm to people, wildlife, and state interests. The case may reach the Supreme Court.
Update on Status of Corporate Transparency Act By Craig R. Hedin Business Advice and Financial Planning, July 2025 On March 21, 2025, FinCEN issued an interim final rule that removes U.S. entities from the definition of “reporting company” and added a new exemption to expressly exempt U.S. entities from the reporting requirements of the CTA. 
Illinois Joins Coalition Suing Trump Administration on Energy Executive Order By Craig R. Hedin Mineral Law, June 2025 On January 20, 2025, President Trump declared a national energy emergency to fast-track energy projects, citing unreliable energy supply. A coalition of 15 states sued, arguing the emergency is unjustified and the order unlawfully bypasses environmental laws, risking harm to people, wildlife, and state interests. The case may reach the Supreme Court.
Oil and Gas Advisory Board By Craig R. Hedin Mineral Law, June 2025 The Illinois Oil and Gas Advisory Board held its quarterly meeting on April 24, 2025. Here is a summary of reports and actions undertaken at the meeting.
Well Security Requirements Amended By Craig R. Hedin Mineral Law, June 2025 Senate Bill 2463 was filed on February 7, 2025. The bill was amended by Senate Floor Amendment No. 1 filed on April 4, 2025. The amended bill passed in the Senate on April 10, 2025, and passed in the House on May 22, 2025. The bill amends the security that is required of new permittees for wells. The amendment follows the structure of the previous statute and regulations, but amends the amounts required for security and the right to provide cash security.
Illinois Oil and Gas Advisory Board By Craig R. Hedin Mineral Law, March 2025 The Illinois Oil and Gas Advisory Board held its quarterly meeting on January 23, 2025. The following is a summary of reports and actions conducted at the meeting.
IPRB Releases 2024 Illinois Oil Production By Craig R. Hedin Mineral Law, March 2025 The Illinois Petroleum Resources Board through its Executive Director, Seth Whitehead, has released the volumes of crude oil production in the State of Illinois for 2024. Production of oil in Illinois has been somewhat static since 1997.
President Trump Issues Executive Order “Unleashing American Energy” By Craig R. Hedin Mineral Law, March 2025 On January 20, 2025, President Donald Trump issued Executive Order No. 14154 entitled “Unleashing American Energy.” This article contains highlights of the Executive Order.
Update on Status of Corporate Transparency Act By Craig R. Hedin Mineral Law, March 2025 On March 21, 2025, FinCEN issued an interim final rule that removes U.S. entities from the definition of “reporting company” and added a new exemption to expressly exempt U.S. entities from the reporting requirements of the CTA. 
Update on Status of Corporate Transparency Act By Craig R. Hedin Corporate Law Departments, March 2025 On March 21, 2025, FinCEN issued an interim final rule that removes U.S. entities from the definition of “reporting company” and added a new exemption to expressly exempt U.S. entities from the reporting requirements of the CTA. 
2025 Oil and Gas Assessment Schedule By Craig R. Hedin Mineral Law, December 2024 The Supervisors of Assessments for oil and gas producing counties have met to approve the assessment schedule for 2025.
Oil and Gas Advisory Board By Craig R. Hedin Mineral Law, December 2024 A summary of the Oil and Gas Advisory Board's quarterly meeting on November 7, 2024.
USEPA Finalizes Rule to Collect Waste Emissions Charge By Craig R. Hedin Mineral Law, December 2024 On November 12, 2024, the USEPA announced the final rule with respect to collecting a WEC to better ensure that methane gas reaches the market rather than polluting the air. The final rule implements the directive of Congress and incentivizes operators to take action to conserve energy resources for consumers and to reduce methane emissions.
Climate Change Litigation – States vs. States By Craig R. Hedin Energy, Utilities, Telecommunications, and Transportation, November 2024 Much has been written about states, cities, organizations, and other plaintiffs commencing litigation alleging that energy companies have misled the public about the damage that fossil fuels contribute to climate change. The lawsuits claim billions of dollars in damage from destructive weather allegedly attributable to climate change. Most cases have either been filed or returned to states for consideration. To date, SCOTUS has declined to address the issues raised by the litigation.
Climate Change Litigation – States vs. States By Craig R. Hedin Mineral Law, October 2024 Much has been written about states, cities, organizations, and other plaintiffs commencing litigation alleging that energy companies have misled the public about the damage that fossil fuels contribute to climate change. The lawsuits claim billions of dollars in damage from destructive weather allegedly attributable to climate change. Most cases have either been filed or returned to states for consideration. To date, SCOTUS has declined to address the issues raised by the litigation.
IDNR/OOGRM Announces Well Plugging Program By Craig R. Hedin Mineral Law, October 2024 The Illinois Department of Natural Resources, Office of Oil and Gas Resource Management, has announced well plugging assistance through a Methane Emissions Reduction Program.
Oil and Gas Advisory Board By Craig R. Hedin Mineral Law, October 2024 The Oil and Gas Advisory Board had its quarterly meeting on August 8, 2024.
Illinois Supreme Court Addresses Liability Based on Environmental Statutes and Regulations By Craig R. Hedin Mineral Law, June 2024 The Illinois Supreme Court recently issued an opinion on whether there can be liability based upon a violation of the Illinois environmental statutes and regulations governing underground storage tanks in Laura E. Rice, et al. v. Marathon Petroleum Corp., et al.
Oil and Gas Advisory Board By Craig R. Hedin Mineral Law, June 2024 A summary of the discussion at the May 2024 Oil and Gas Advisory Board meeting.
USEPA Finalizes New Methane Regulations By Craig R. Hedin Mineral Law, June 2024 The U.S. Environmental Protection Agency published its methane regulations in the Federal Register on March 8.
USEPA Methane Regulations By Craig R. Hedin Environmental and Natural Resources Law, May 2024 The U.S. Environmental Protection Agency has finalized new rules expanding methane emissions regulations for the oil and natural gas industry. 
USEPA Methane Regulations By Craig R. Hedin Environmental and Natural Resources Law, April 2024 The U.S. Environmental Protection Agency has finalized new rules expanding methane emissions regulations for the oil and natural gas industry. 
Illinois Department of Natural Resources/Oil and Gas Resource Management Issues By Craig R. Hedin Mineral Law, March 2024 Updates about the Illinois Department of Natural Resources and Oil and Gas Resource Management.
The Illinois Petroleum Resources Board: 2023 Oil Production By Craig R. Hedin Mineral Law, March 2024 The Illinois Petroleum Resources Board monitors oil production in the state of Illinois.  The IPRB has recently issued a report for the 2023 production on a monthly and daily basis and the barrels produced by each county. The following sets forth the data with respect to production.

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