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

The Energy Law Blog

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. MRC Permian Company , — S.W.3d 21-0461, 2023 WL 3028100 (Tex.

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United States Fifth Circuit Weighs in on La. R.S. 30:103.1 and 103.2 Notice Requirements

The Energy Law Blog

Kelly moved for partial summary judgment against Aethon, citing a December 15, 2017 letter and April 17, 2018 letter as satisfying the requirements of La. The district court made this ruling despite the fact that the December 15, 2017 letter closely tracked the language of La. Louisiana Revised Statutes 30:103.1 4th 369 (5th Cir.

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2023 Master Plan Brings Updates to Coastal Research and Projects

The Energy Law Blog

3] The newest plan boasts several updates since the 2017 draft including an updated project selection process, improved predictive models, and developments of new risk metrics. The most recent draft is the fourth update since it was first adopted by the Louisiana Legislature in 2007 following Hurricanes Katrina and Rita in 2005. [1]

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2019 ABA Private Target Mergers & Acquisitions Deal Points Study

The Energy Law Blog

Privacy Policy: By subscribing to Liskow & Lewis’ E-Communications, you will receive articles and blogs with insight and analysis of legal issues that may impact your industry. The study is the diligent work of the Market Trends Subcommittee of the Mergers and Acquisitions Committee and is published on a bi-annual basis.

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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law Blog

The second major increase began in early 2017 and continues through today. El Paso E & P Co. , El Paso E & P Co. , El Paso E & P Co. , Instead, this year, the Haynesville has seen steady increases in production since January when production averaged 5.293 billion cubic feet per day. 2d 640, 641-43 (W.D.

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New IRS Revenue Ruling Provides Opportunities for Financing Carbon Capture Equipment

The Energy Law Blog

The acid gas removal unit was installed by the owner of the methanol plant and placed in service on January 1, 2017, from which time the separated carbon dioxide was released into the atmosphere. For more information on carbon capture and section 45Q tax credits, see here , here and here.

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The Meaning of “And” Determines Outcome of Oil and Gas Feud

The Energy Law Blog

When the primary term ended in February 2017, DBR had drilled on Section 6, but not on Section 2. DBR sued Tier 1 and the mineral owners in September 2017, asserting its right to develop Section 2. All of the provisions. construed as if a separate Lease agreement had been made and executed covering each such tract.” (emphasis added).

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