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2024 Articles

Corporate Transparency Act 2021 By Matthew L. McArthy March 2024 Effective January 1, all non-exempt entities are required to file a Beneficial Ownership Information Report with the U.S. Treasury Financial Crimes Enforcement Network.
Illinois Department of Natural Resources/Oil and Gas Resource Management Issues By Craig R. Hedin 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 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.
Legislation Affecting Minerals By Craig R. Hedin March 2024 Summaries of legislation of interest to mineral law practitioners.
Mineral Tenancy in Common Litigation By Craig R. Hedin March 2024 The appellate court recently held that a mineral tenant in common does not have a legal right to take oil and gas from a common property without the permission of the co-tenants who may file a civil action to seek damages to redress the injuries to their respective interests.
Office of Oil and Gas Resource Management Report of February 2024 March 2024 A summary of the February Office of Oil & Gas Resource Management report.
Update on Spacing Law Changes for Existing Production Wells By Matthew L. McArthy March 2024 A summary of proposed amendments to the spacing laws for existing production wells.
USEPA Methane Regulations By Craig R. Hedin March 2024 The U.S. Environmental Protection Agency has finalized new rules expanding methane emissions regulations for the oil and natural gas industry.