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Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. To finance the sale, lenders also required Lexington Land to hire a consultant to prepare environmental assessments of the property. Exxon Mobil Corporation , 2009-2368 (La.

Casing 59
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Booking PUDs in a “Proven Area”… Use Caution Applying Reliable Technology

CG&A

Proceed at your own risk! interference is already occurring in the producing well dataset, then it needs to be recognized so that the data can be evaluated properly.In fact, if there is a good population of child wells identified, these can be very helpful to predict the amount of reduced recovery from parent to child.

Field 52
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article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. To finance the sale, lenders also required Lexington Land to hire a consultant to prepare environmental assessments of the property. Exxon Mobil Corporation , 2009-2368 (La.

Casing 52
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevron’s and its predecessor’s oil and gas operations in the Sardine Point Field from 1959 through 1991. To finance the sale, lenders also required Lexington Land to hire a consultant to prepare environmental assessments of the property. Exxon Mobil Corporation , 2009-2368 (La.

Casing 52
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SEC 5-Year Drilling Window – Fact, Fiction and Gray Areas

CG&A

For SEC-compliant reserve reports, third party consulting firms are required to follow SEC reporting guidelines, which should include a strong focus on proved undeveloped (PUD) drill timing, capital availability and intent to drill. Lets run through using a fact or fiction? Fact or fiction?