The Energy Law

JUNE 2, 2017

In its reasoning on defendants’ alternative causation theory, the appellate court criticized the defendants’ failure to either continue to drill the well themselves and/or visit the well site to determine the cause of the excessive mud loss (what defendants contended was the result of a hole in the formation) at over 13,000 feet.

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. At trial, the mineral servitude owner testified that in 2005, the Cotton Valley drilling activity was ramping up and other operators near the servitude successfully drilled gas wells. A well was spud on March 28, 2006.

Operator 40

Operator Spud-in Dry Hole Oil 40

Aresco

DECEMBER 17, 2024

For accredited investors, direct investment in crude oil and natural gas exploration provides an opportunity to diversify their portfolios and potentially tap into lucrative returns, as well as enjoy some significant tax benefits. What Are Direct Oil and Gas Exploration Investments? Who Qualifies as an Accredited Investor?

Crude Oil 52

Crude Oil Oil Exploration and Production Natural Gas 52