Remove 2009 Remove Field Remove Oil
article thumbnail

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

Oil & Gas 360ยบ

(World Oil) –Murphy Oil Corporation today announced that a subsidiary has signed a Sales & Purchase Agreement (SPA) to acquire the BW Pioneer floating production storage and offloading vessel (FPSO) from BW Offshore. Hambly, President and CEO of Murphy Oil.

Oil 130
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevronโ€™s and its predecessorโ€™s oil and gas operations in the Sardine Point Field from 1959 through 1991. In 2009, the trial court granted Chevronโ€™s motion for partial summary judgment to dismiss all claims for pre-2005 damage to the property under the subsequent purchaser doctrine.

Casing 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Booking PUDs in a โ€œProven Areaโ€โ€ฆ Use Caution Applying Reliable Technology

CG&A

Warning This article and series is specifically targeted for anyone involved or interested in oil and gas reserves reporting guidelines, methods, issues, calculations and pitfalls. Proceed at your own risk!

Field 52
article thumbnail

Louisiana First Circuit Reaffirms Prescription and Subsequent Purchaser Principles

The Energy Law

for alleged damage to its property arising out of Chevronโ€™s and its predecessorโ€™s oil and gas operations in the Sardine Point Field from 1959 through 1991. In 2009, the trial court granted Chevronโ€™s motion for partial summary judgment to dismiss all claims for pre-2005 damage to the property under the subsequent purchaser doctrine.

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 Chevronโ€™s and its predecessorโ€™s oil and gas operations in the Sardine Point Field from 1959 through 1991. In 2009, the trial court granted Chevronโ€™s motion for partial summary judgment to dismiss all claims for pre-2005 damage to the property under the subsequent purchaser doctrine.

Casing 52
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

SEC 5-Year Drilling Window โ€“ Fact, Fiction and Gray Areas

CG&A

Warning This article and series is specifically targeted for anyone involved or interested in oil and gas reserves reporting guidelines, methods, issues, calculations and pitfalls. The new(ish) SEC guidelines published in 2009 were initially interpreted to apply a 5-year drilling window to ALL drills. Proceed at your own risk!