OUR THOUGHTS ON:
Energy & Resources

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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 ... read more >

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 ... read more >

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 ... read more >

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, ... read more >

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 ... read more >

Pennsylvania Impact Fee Distributions Top $209 Million in 2017

The Pennsylvania Public Utility Commission (PUC) recently published detailed information regarding the 2017 distribution of Act 13 impact fees levied on ... read more >

Pennsylvania State Budget Approved for $32.7 Billion, No Severance Tax Included

On June 22, Pennsylvania Governor Tom Wolf signed into law a $32.7 billion state budget for fiscal year 2019. Noted as “bipartisan,” this is ... read more >