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Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

The sharp decline in oil prices over the past year and a half has had a significant impact on operators and mineral lessees in Louisiana and in other oil-producing states. 2] Implicit in the term “paying quantities” is the requirement that the lessee show a profit, meaning production revenues must exceed “operating expenses.” [3]

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Green Mortgages: Here’s What You Need to Know

Energy Refuge

Once the report is complete, the lender deposits the EEM loan into an escrow account. Seeking EEM’s is a good way to maximize income while reducing operational costs for businesses. This scheme was halted in 2010 because it was deemed too risky. It is important to note that the HERS is a separate service. Conclusion.

Energy 170
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Fifth Circuit Reverses Summary Judgment in Oil Pollution Act Case

The Energy Law

2010 WL 5421015 (5th Cir. 30, 2010), the Fifth Circuit reversed the district court’s finding of summary judgment on liability under the Oil Pollution Act of 1990 (“OPA”). Further, the responsible party for a vessel is any person owning or operating the vessel. In Gabarick v. Laurin Maritime (America), Inc. 2703(a)(3).

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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

4] In 2007, Fossil Operating, Inc. Fossil”), with whom Tauren contracted to conduct operations on the property, drilled and completed wells on the leased property in Sections 9, 10, and 16. [5] 5] Chesapeake Operating, Inc. between May 2007 and February 2010. [20] between May 2007 and February 2010. [20]

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EPA and BSEE Team Up to Resolve Offshore Environmental Violations

The Energy Law

ATP operated a float cell on the platform as an essential part of its wastewater treatment system to separate and remove oil and suspended solids from its produced water prior to its discharge into the Gulf. ATP is the ATP Innovator’s operator and ATP-IP is the platform’s owner. 110.4 & NPDES General Permit, Part I, Section C.3

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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

The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. The mortgage provided that the mineral lessees could not enter into new operating agreements or amend existing operating agreements without written consent of the mortgagee. [14]

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