The Energy Law

JUNE 21, 2022

Operators may now have the potential to sell carbon credits in exchange for the P&A of inactive, shut-in, or temporarily abandoned wells. Although Louisiana is allocating significant funds to P&A orphan wells, there is a lack of financial incentive for operators to address AOOG wells. million vehicles per year.

Temporarily Abandoned 98

Temporarily Abandoned Abandonment Operator E&P 98

The Energy Law

MAY 5, 2023

2023), the Texas Supreme Court held that the lessee could not invoke a force majeure clause to save its oil and gas leases when it inadvertently scheduled its operations to begin after the requisite deadline. MRC did not notice its error until approximately two weeks after May 21, 2017, at which point it had not yet spudded the new well.

Spud-in 98

Spud-in Oil Gas Operator 98

The Energy Law

JUNE 8, 2016

. § 30:10, which governs unit operations in the absence of a joint operating agreement. The amendment provides that estimated or actual drilling costs determined by the AFE sent with the notice are due within sixty (60) days of the actual spudding of the well or receipt by the notified owner of the notice, whichever is later.

Spud-in 40

Spud-in Electronics Electronics Operator 40

The Energy Law

MARCH 2, 2009

The Court reached this holding based on the wording of the applicable JOAs, which were both based on the American Association of Petroleum Landmen Model Form Operating Agreement 610-1982. Smith”) was the operator of the Bloomberg oil and gas lease, whose operations were governed by two JOAs. Smith Production Inc.,

Operator 40

Operator Operating Interest Spud-in IT 40

The Energy Law

APRIL 30, 2020

In Cannisnia Plantation , the Louisiana Second Circuit faced the issue of whether a mineral servitude owner conducted good faith operations sufficient to interrupt the prescription of non-use of a mineral servitude. A well was spud on March 28, 2006. Cannisnia Plantation, LLC v.

Operator 40

Operator Spud-in Dry Hole Oil 40

The Energy Law

AUGUST 10, 2017

Also included is a joint operating agreement (“JOA”) to govern the drilling and operation of additional development wells in a formation once a working interest in that formation has been earned in accordance with the provisions of the EJDA. The Five Lessons 1. Take advantage of the geology.

Hydraulic Fracturing 52

Hydraulic Fracturing Completion Exploration and Production Spud-in 52

The Energy Law

MARCH 30, 2017

In Petro-Chem Operating Co., 1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. Flat River Farms, L.L.C. , Flat River Farms, L.L.C. , 12] In its analysis, the Court first looked to the pertinent language of La.

Spud-in 40

Spud-in Operator IT E&A 40