Remove 2017 Remove Casing Remove Drilling rig
article thumbnail

Force Majeure Clause Fails to Protect Oil and Gas Lessee From Mistakenly-Scheduled Deadline

The Energy Law

In compliance with that obligation, MRC created a drilling schedule listing June 2, 2017 as the spud date of a new well based on its belief that the deadline to spud that well was June 19, 2017. The actual deadline, however, was May 21, 2017.

Spud-in 98
article thumbnail

Louisiana Second Circuit Addresses: (1) Creation of Mineral Servitudes Via Notarial Acts of Correction; (2) Obstacles Suspending the Prescription of Nonuse from Running Against Mineral Servitudes; and (3) Payment of Court Costs in Concursus Actions

The Energy Law

1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. 25] In addition, the operator was unable to move a drilling rig onto the wellsite due to weather in February 2004, and as a result, the operator had to pay standby time for the rig. [26]

Spud-in 40