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million in damages for diversion of more than ten million cubic feet of gas. Red Willow Offshore, LLC and Medco Energi US, LLC (collectively, “Red Willow”) were co-working interest owners of a naturalgas well without the facilities to produce the well. The court also considered state regulations and industry standards.
January 20, 2025 Edition At Valor, our goal is to keep you informed of the latest news and updates from the oil and gas industry. Stay tuned for weekly updates to keep you well-informed. Read more US drillers cut oil and gas rigs to lowest since Dec 2021 Summary : U.S. Despite the reduced rig count, the U.S.
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