Adapting or Repurposing Oil and Gas Assets for the Energy Transition: Carbon Capture, Stranded Assets, Deal Structures

This CLE course will guide energy counsel on the processes and legal challenges for adapting or repurposing oil and gas assets for the energy transition. The panel will discuss recent regulations under the Biden administration, legal implications for adapting assets to become greener, repurposing as an alternative to decommissioning and stranded assets, possible deal structures for adapting or repurposing assets, and managing federal and state law challenges.

The focus on decarbonization and net-zero emissions continues to impact the oil and gas industry in positive and negative ways. Owners and investors must consider physical assets that can be adapted, repurposed or sold to maximize the value of existing assets and avoid the risk of stranded assets and the high costs of decommissioning or dismantling those assets.

The repurposing of existing infrastructure to support the low carbon supply chain creates a new revenue stream for existing assets. Repurposing these assets, however, involves a critical analysis of various federal and state regulations, potential liability, and a complete understanding of structuring deals to repurpose and adapt these assets, all in a rapidly evolving environment.

Listen as our panel discusses recent regulations under the Biden administration, legal implications for repurposing assets, decommissioning and stranded assets, possible deal structures for repurposing assets, and managing federal and state law challenges.