Remove 2009 Remove Field Remove Maintenance
article thumbnail

Murphy Oil to acquire BW Pioneer FPSO in Gulf of America for $125 million

Oil & Gas 360ยบ

The FPSO will remain at its current location, supporting operations at the Cascade field (Walker Ridge 206 and 250) and Chinook field (Walker Ridge 469 and 425) in the Gulf of America. BW Offshore will continue to provide operations and maintenance services under a new five-year reimbursable contract.

Oil 130
article thumbnail

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

6] On September 1, 2009, Gloriaโ€™s Ranch executed a top lease to Chesapeake on the property in Section 21. [7] 7] In November of 2009, Tauren assigned the deep rights (all depths below the base of the Cotton Valley formation) to EXCO USA Asset, Inc. for the 18 month period prior to Gloriaโ€™s Ranchโ€™s letter in December of 2009. [19]

Royalty 40
article thumbnail

Ninth and Fifth Circuits Split on Issue of Punitive Damages Under Maritime Law

The Energy Law

404 (2009). In Townsend, the Supreme Court ruled that punitive damages are available to seamen in claims against their employers for willful or wanton failure to pay maintenance and cure. The Courtโ€™s reasoning hinged largely on the fact that both punitive damages and maintenance and cure predated passage of the Jones Act.

Casing 40