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SEC 5-Year Drilling Window – Fact, Fiction and Gray Areas

CG&A

Furthermore, this topic on the five-year drilling window was previously discussed in two articles I published in November and December of 2017, with portions re-published herein. The SEC treats a horizontal DUC (drilled but uncompleted well) as a PUD, mainly since a majority (over 50%) of the capital remains for completion and hookup.

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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

On June 2, 2017 the Louisiana Second Circuit Court of Appeal affirmed a trial court’s judgment cancelling a mineral lease under Mineral Code article 140 and provided further clarity on a production in paying quantities analysis under Louisiana Mineral Code article 124. [1] 1] The dispute in Gloria’s Ranch, L.L.C. Tauren Exploration, Inc.

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Fifth Circuit Addresses A Complicated Cargo Dispute, Resulting In A Victory For Vessel-Operating Common Carriers

The Energy Law

8, 2017), the United States Fifth Circuit Court of Appeals held that an ocean carrier stiffed by an intermediary in a freight transaction may recover unpaid freight from the original NVOCC who arranged the cargo transportation unless the evidence clearly shows the carrier intended to release that party from liability. 15-3097 (5th Cir.

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President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

Background The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S 7] When President Trump took office in January 2017, he promptly issued a Presidential Memorandum formally inviting TC to again re-submit its application. [8]

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President Biden Faces Constitutional Challenges to Revocation of Keystone XL Permit

The Energy Law

The Keystone Pipeline is a system of petroleum pipelines designed to transport crude oil from fields in Alberta, Canada and ultimately terminating at refineries on the U.S When President Trump took office in January 2017, he promptly issued a Presidential Memorandum formally inviting TC to again re-submit its application. [8]