Novi

AUGUST 7, 2024

These trends, showing rising production with tighter spacing, stem from operator decision making to downspace and increase completion intensity in higher quality rock. Other spacing definitions, such as total wells in radius or average neighbor distance can be used, but these are the 2 interwell features we chose for this particular model.

Basin 52

Basin Completion Oil Operator 52

Producer's Edge

NOVEMBER 1, 2024

The Texas Supreme Court heard oral arguments last week in a case that could substantially clarify, or even fundamentally reshape, the characterization and ownership of underground storage rights in Texas. The case was Myers-Woodward v. The case remains pending before the Texas Supreme Court on petition for review.

Royalty 52

Royalty Royalty Interest Casing Oil 52

The Energy Law

AUGUST 10, 2017

In these transactions, the Drilling Party pays for or “carries” all or a substantial portion of the Lease Party’s share of the costs of drilling and completing one or more wells on the leases (“Earning Wells”). Many carry provisions end when the Earning Well is completed as a well is capable of producing hydrocarbons.

Hydraulic Fracturing 52

Hydraulic Fracturing Completion Exploration and Production Spud-in 52

CG&A

JUNE 2, 2022

Without any other data, it would be difficult to book the volumes above the well completion as oil (Fig 1 – Updip Volume A).Of what other data might exist to build the case for up-structure oil?Consider what other data might exist to build the case for down-structure oil? Proceed at your own risk! Is it rising or falling?Similar,

Oil 52

Oil Associated Gas Gas Completion 52

Producer's Edge

JANUARY 20, 2025

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. In the MEICO court’s view, that case “counsels strongly” against reading the word “prevent” to mean “make impossible.”

Gas 52

Gas Natural Gas Casing Basin 52

The Energy Law

SEPTEMBER 21, 2015

The term “proration unit” as used herein, shall mean the area within the surface boundaries of the proration unit then established by field rules or special order of the appropriate regulatory authority for the reservoir in which each well is completed. In this case, Chesapeake had chosen not to designate a full proration unit (i.e.,

Field 52

Field Exploration and Production Completion Gas 52

The Energy Law

OCTOBER 13, 2023

Fifth, the CLC as written allows claims to be brought for up to 6 years in some cases while OPA 90 has a strict three year statute of limitations and requires claims to be presented 90 days before that period ends. Fourth, as mentioned above, there are significant differences in the limitations of liability under the CLC v.

Oil 105

Oil Insurance Operator E&A 105