Steptoe & Johnson PLLC

Steptoe & Johnson PLLC is a U.S. law firm with core strengths in energy, labor & employment, litigation and transactional law. In 2013, Steptoe & Johnson celebrated 100 years of helping clients reach their goals.

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There is one thing on the mind of many folks involved in the oil and gas industry – the upcoming OPEC meeting in Vienna.  On June 25, 2019, the 176th OPEC meeting will be held. In fact, there are already reports out there attempting to predict the potential impacts of the upcoming OPEC meeting and other global factors on the price of oil – check out this recent article from Bloomberg entitled, Bulls Beware: The
The headlines are all talking about supply and demand; specifically, oil supply and its impact on the price of oil.  As of the posting of this, WTI Crude is sitting at $58.07 per barrel and Brent crude is at $67.85 per barrel, according to Bloomberg Energy, and it has folks wondering where oil prices will go from here in light of oil inventories rising.  In fact, Oil & Gas 360 just released an article…
“Energy and persistence conquer all things.” – Benjamin Franklin Discussing topics in the energy sector gives one a certain, well, energy. A charge or *spark* – a bolt of anticipatory excitement and the promise of potential comes from being “in the know.”  I just received such a spark … The U.S. Energy Information Administration (“EIA”) released a new portal this week that will change the way that we analyze state-level energy data in the United…
“Energy and persistence conquer all things.” – Benjamin Franklin Discussing topics in the energy sector gives one a certain, well, energy. A charge or *spark* – a bolt of anticipatory excitement and the promise of potential comes from being “in the know.”  I just received such a spark … The U.S. Energy Information Administration (“EIA”) released a new portal this week that will change the way that we analyze state-level energy data in the United…
As a resident of Weld County, I can tell you that there are sometimes stark contrasts between Weld and Boulder Counties.  Although neighbors, the two counties have very different views – and I do not mean of the mountains.  One of the ramifications of S.B. 181 is increased local control, allowing Colorado cities and counties more control over drilling operations through local zoning ordinances and land use regulations.  Hence, a line in the sand is…
As a resident of Weld County, I can tell you that there are sometimes stark contrasts between Weld and Boulder Counties.  Although neighbors, the two counties have very different views – and I do not mean of the mountains.  One of the ramifications of S.B. 181 is increased local control, allowing Colorado cities and counties more control over drilling operations through local zoning ordinances and land use regulations.  Hence, a line in the sand is…
It is no secret that Wyoming’s economy is heavily reliant on the energy and natural resources sector.  In fact, the primary forces behind the economy of the Cowboy State are mineral extraction, in the form of coal, oil, natural gas and trona, and agriculture.  Wyoming is an attractive place to do business due to state incentives like no income tax and low sales and property taxes; however, Wyoming may become even more of a hot…
As discussed in our March 13 post, which can be found here, Senate Bill 181, introduced on March 1, proposed significant changes to Colorado’s long-standing oil and gas regulatory system.  After a number of amendments from Senate and House membership, Governor Polis signed S.B. 181 into law on April 16, 2019.  Here’s an overview of key amendments that brought the bill to its final form: (1)        More direction and support in implementing local regulation…
Watching commodity pricing is a bit like watching a rollercoaster – it goes up one minute, down the next, then up again and down.  Today’s oil prices are no different.  We started the day up a bit, and this afternoon we are down a bit – the rollercoaster continues.  If you were looking for a lazy river-like pace, with its predictable turns and steady current, commodity pricing is not the ride for you. This morning,…
Yesterday, Wednesday March 20, 2019, the Board of County Commissioners for Adams County, Colorado (the “Board”) held a special public hearing on whether to impose a temporary ban on local oil and gas permit applications in the wake of Colorado’s Senate Bill 19-181.  Senate Bill 19-181 was passed (with amendment) by the Senate and is currently under consideration by the House. Following a nearly three hour hearing that included statements given by numerous industry and…