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What are Tangible Drilling Costs?

Aresco

These costs are directly related to the actual drilling operations and typically represent a significant portion of the overall expenses in oil and gas exploration and production. Tangible Drilling Costs include various tangible, physical components and services necessary for drilling a well.

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Forum Shopping Curtailed: Venue Limited to Parish Where Drilling Rig Was Lost

The Energy Law

(“XTO”), Alliance Drilling Consultants, LLC (“Alliance”), Clifton Pritchard, and Alliance’s insurer, James River Insurance Company (“James River”), for damages resulting from the loss of D&D’s drilling rig. 2d 12, 18-19 (La. However, the Third Circuit explained that Article 76.1