Oil and Gas Bankruptcies on the Outer Continental Shelf
A Focus on Abandonment and Decommissioning Liabilities
Webinar begins at 2:00 pm Central
Hosted by IEL’s Young Energy Professionals Practice Committees
Duration: 1 hour
IEL: +1.972.244.3422
Fax: +1.972.244.3401
E-Mail: iel@cailaw.org
Overview
Over the past 20 years, there have been over 37 bankruptcy filings by entities leasing oil and gas assets located on the Outer Continental Shelf. Some of those bankruptcies have involved billions of dollars in decommissioning liabilities. During this webinar, panelists will provide their perspectives on the basics of the US bankruptcy process, key observations, and how oil and gas wells, pipelines, and facilities are typically managed, including maintenance and abandonment.
Webinar begins at 2:00 pm Central
Duration: 1 hour
Speakers
Charlie Shull
Moderator
Legislative Counsel & Sr. Policy Advisor
Shell USA, Inc.
Washington, D.C.
Charlie is Legislative Counsel & Sr. Policy Advisor for Shell, currently supporting its US offshore energy businesses primarily located in the Gulf of Mexico, where Shell is the largest oil and gas operator, leaseholder, and producer. Charlie advises Shell’s businesses and engages federal officials on energy policy and emerging regulatory and legislative issues. His specific focus areas are in offshore safety, leasing, permitting, and decommissioning.
Prior to this role, Charlie was an onshore landman and held various field and office-based assignments in the northeast United States and Texas working on private, state, and federal lands. He has negotiated and drafted simple and complex oil and gas commercial agreements, ranging from leases and rights-of-ways with landowners to multi-party acquisitions, divestments, and trades.
Sara Keith
Panelist
Senior Legal Counsel – Global Litigation Bankruptcy & Credit
Shell USA, Inc.
Houston, Texas
Sara Keith is an accomplished litigator and bankruptcy lawyer with over fifteen years of experience. Ms. Keith is admitted to practice law in Texas and numerous U.S. Courts. Ms. Keith leverages her commercial mindset and leadership skills to provide effective, innovative, legally compliant solutions to mitigate risk. Ms. Keith currently serves as Senior Legal Counsel - Global Litigation Bankruptcy & Credit at Shell USA, Inc. Ms. Keith joined Shell in December 2018 based in Houston, Texas where she advises executive leadership and key stakeholders for all business lines on insolvency matters and litigation, commercial credit negotiations, risk management, and compliance. Ms. Keith is the State Bar of Texas Bankruptcy Law Section Chair, IWIRC Houston Vice Chair, Shell Women Adding Value Everywhere (WAVE) US National Mentoring Lead, Texas Bar Foundation Fellow and Houston Bar Foundation Board Member and Fellow. Ms. Keith also serves as the 2023 US Legal Pro Bono Community Service Backpack Co-Lead.
Ryan Lamb
Panelist
Attorney-Advisor
U.S. Department of the Interior, Office of the Solicitor
Washington, D.C.
Ryan Lamb currently serves as an Attorney-Advisor in the Division of Mineral Resources with the Office of the Solicitor at the Department of the Interior in Washington, D.C. He also serves as the National Lead Coordinator for the Bankruptcy Practice Group within the Solicitor’s Office. In his capacity as an Attorney-Advisor, Mr. Lamb advises the Bureau of Ocean Energy Management and the Bureau of Safety and Environmental Enforcement on implementation and enforcement of the Outer Continental Shelf Lands Act and specializes in the administration of the Department’s statutory and regulatory authority against distressed and restructuring lessees in the offshore sector. As the National Lead Coordinator, Mr. Lamb works with the Practice Group to seamlessly ensure the Department’s bureaus and offices rights are protected in complex and challenging restructuring and bankruptcy proceedings. Mr. Lamb also advises the Bureau of Land Management’s implementation of its onshore oil and gas leasing program. Prior to joining the Office of the Solicitor, Mr. Lamb served as a Law Clerk in both Bankruptcy Court and Federal District Court and was a bankruptcy and commercial litigation practitioner in private practice.
Registration Options
- $50 - Non-Member
- $0 - IEL Member
- $0 - IEL Supporting or Sustaining Member Employee
- $0 - Law Student
MCLE Credit
Texas Course Number 174208349. This course has been approved for Minimum Continuing Legal Education credit by the State Bar of Texas Committee on MCLE in the amount of 1.0 credit hours, of which no credit hours will apply to ethics/professional responsibility credit.
This online program has not been approved for MCLE credit in any other jurisdictions. If requested by attendees, CAIL will request accreditation in California, Louisiana, New Mexico, Ohio, Oklahoma, Pennsylvania, and West Virginia. Accreditation has not been sought or approved in these jurisdictions at this time. MCLE credit will not be requested in any other jurisdiction.
Although attendees may be able to request MCLE credit directly in additional jurisdictions, the rules vary in each jurisdiction. Certain programs, subjects, and formats may not receive credit in certain jurisdictions and there may be specific rules regarding who may earn credit or the maximum number of credit hours that may be earned with specific formats. Please review the MCLE regulations and rules of your jurisdiction and contact your regulatory entity if you have specific questions about the jurisdiction’s MCLE rules.
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