Expert Witness in Oil and Gas

Oil and Gas is a controversial field for very many reasons. While the world is not going to turn its back on fossil fuels for quite some time, there are a series of legal challenges associated with excavation, and the services of an oil and gas expert witness is in high demand by oil and gas companies throughout the world.

While of course the world turns toward renewable energy sources, environmental awareness has never been higher. Governments have been pressured to invest in renewable energy but the world at large is sadly unable to turn its back on the usage of fossil fuels just yet.

In an environmental sense, renewable energy sources such as nuclear, tidal, wind and solar power indeed have a way to go before they can truly overtake fossil fuels, and for this reason the usage of fossil fuels such as oil and gas is going to continue for quite some time until fledgling renewable technologies become viable on a global scale.

To this end, the demand for oil and gas remains rather high. Due to this, there are very many factors which can trip up oil and gas companies, and turn excavation itself into the least of its problems.

With demand comes want, and with want comes legal challenges. The oil and gas industry is a challenging one to comprehend, much less properly understand, and so right and wrong in these legal challenges can be a very grey, fuzzy, and confusing area for most judges.

Due to the nature of oil and gas, it is something which tends to attract legal challenges. To this end, an oil and gas expert witness is often required for very many issues. Ad Valorem Tax, Eminent domain, production sharing agreements, royalty interest disputes as well as tax disputes in general such as natural resource taxes are very common when a resource is excavated, and parties can attempt to manipulate just how convoluted a resource can be in order to get what they want.

An expert witness is an independent party which Is brought into legal proceedings to clarify information, as well as present it in a way which is clear and understandable to people which do not have geoscience backgrounds. Furthermore, the role of an oil and gas expert witness involves comparing current legal situations to past ones, establishing precedent, and guiding the right decision to be made.

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