2004, Completion and Exploration and Production

Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

JUNE 12, 2017

On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] Tauren Exploration, Inc. Tauren Exploration, Inc.

Royalty

Royalty E&P Exploration and Production Operator

Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

JUNE 12, 2017

Tauren Exploration, Inc. , The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. Tauren Exploration, Inc., 3] The Lease was executed in September 2004 and covered 1,390.25 3] The Lease was executed in September 2004 and covered 1,390.25

Royalty

Royalty Exploration and Production Royalty Interest Operator

Energy Aggregated

Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

Stay Connected