The Energy Law Blog

JANUARY 26, 2016

Mineral lessees may be particularly concerned with whether recent production levels have maintained their leases beyond their primary terms. In Louisiana, as in most jurisdictions, production of oil or gas must be in “paying quantities” to maintain a mineral lease beyond its primary term. [1] Lea Exploration Co. , JLH Enters. ,

Oil 40

Oil Exploration and Production Gas Operator 40

The Energy Law Blog

JANUARY 28, 2021

In 2003, the Louisiana Supreme Court rendered its landmark decision in Corbello, et al. Iowa Production, et al. Since then, Louisiana courts have seen a steady stream of “legacy litigation” claims being filed.

E&A 40

E&A Exploration and Production Oil Operator 40

The Energy Law Blog

OCTOBER 15, 2020

2003-N06, which was itself replaced by NTL No. The net present value of proved reserves on the lease is less than or equal to three times the cost of the BSEE decommissioning estimate associated with production of those reserves; Or. This first of such NTLs, NTL No. 98-18N, was replaced by NTL No. Historically, under NTL No.

Pipeline 40

Pipeline Exploration and Production Operator E&A 40