The Energy Law

JUNE 2, 2017

Justiss”) entered into a turnkey drilling contract to drill a deep oil well using intermediate casing purchased from Oil Country Tubular Co. The casing pipe was API certified to a particular pressure and one of the Defendants’ owners represented to Justiss that the pipe was fit for its intended use. Justiss Oil Company, Inc.

Casing 40

Casing Oil Dry Hole Manufacturing 40

The Energy Law

APRIL 30, 2020

The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. On appeal, among other issues, the Second Circuit examined whether the mineral servitude owner satisfied the requirements of Mineral Code article 29. A well was spud on March 28, 2006.

Operator 40

Operator Spud-in Dry Hole Oil 40

Aresco

DECEMBER 17, 2024

This article will explore crude oil investing, particularly as related to direct investments in crude oil and natural gas exploration for accredited investors, highlighting the qualifications, investment vehicles, potential returns, and risks involved. Dry holeswhere no commercially viable oil or gas is foundare a real possibility.

Crude Oil 52

Crude Oil Oil Exploration and Production Natural Gas 52