2010, Oil and Workover - Energy Aggregated

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

The Energy Law

JANUARY 26, 2016

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. In Louisiana, as in most jurisdictions, production of oil or gas must be in “paying quantities” to maintain a mineral lease beyond its primary term. [1]

Oil

Oil Exploration and Production Gas 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

The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. 2010-2011 (La. It also held that the holder of the mortgage over the Lease was solidarily liable as well. [8] 10] See id. at 22-33. [11] 11] See id. at 25-31. [12] 12] See id. [13] 14] See id.

Royalty

Royalty Exploration and Production Royalty Interest Operator

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

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

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