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URTeC 2024 Recap: Insights and Highlights from the Novi Team

Novi

The highlights and links to the papers are here: Enhancing Production Efficiency: The Impact of Precision Targeting in the Midland Basin We highlighted the production and economic effects of the landing zone and the benefits of landing wells in the top half of the Lower Spraberry Shale or high in the Jo Mill.

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Winter Storm Uri and Force Majeure: The Legal Battles Continue

Producer's Edge

This recent case [ MIECO, L.L.C. With these common strings, this case could have implications (small or large) for other similar pending disputes across the state. Pioneer Nat. 4th 710 (5th Cir. 2024)] delves deep into pivotal force majeure issues tied to the NAESB form and arising out of Winter Storm Uri. ” Section 11.2:

Gas 52
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Louisiana Supreme Court holds that payment of mineral royalties judgment against LDNR is a matter of legislative discretion, reversing grant of mandamus

The Energy Law

In 2006, a group of landowners filed a class action lawsuit against the State of Louisiana through the Louisiana Department of Natural Resources (“LDNR”) concerning the ownership of riverbanks in the Catahoula Basin. Communications include firm news, insights, and events.

Royalty 98
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Technologies Increases Inventory and Logistical Capabilities Amid the 2022 Hurricane Season

Q2 Technologies

Although the 2022 Hurricane Season has been fairly mild with only five named storms since the first week of September, the recent barrage of 1 in a 1,000 year weather events that has drenched a large swath of the US is proof that the weather systems are not to be trifled with.

Basin 52
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The Meaning of “And” Determines Outcome of Oil and Gas Feud

The Energy Law

Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. Communications include firm news, insights, and events. In Tier 1 Resources Partners et al.

Oil 52
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How to Read a Cash Flow Statement in a Reserve Report – Part III

CG&A

The report could involve only one well, or possibly tens of thousands of wells spread out in numerous productive basins targeting different reservoirs and involving various operators. Most importantly, summary cash flow tables are the main event of the reserve report effort, where reserves and values are shown in one very detailed page.

Oil 52
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The Meaning of “And” Determines Outcome of Oil and Gas Feud

The Energy Law

Delaware Basin Resources LLC , 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. Communications include firm news, insights, and events. In Tier 1 Resources Partners et al.

Oil 40