The Energy Law Blog

MAY 5, 2023

The leases obligated MRC to spud a new well every 180 days after the spud date of the last well during the leases’ secondary terms to avoid having the non-developed portions of the leases terminate. 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 Blog

JUNE 21, 2022

The ACR methodology defines eligible abandoned wells to include: (1) unplugged wells with a spud date prior to 1950, which are eligible because they predate standardized regulations for P&A, and (2) unplugged wells with a spud date of 1950 or later and having no production for six consecutive months. million vehicles per year.

Temporarily Abandoned 98

Temporarily Abandoned Abandonment Operator E&P 98

The Energy Law Blog

MARCH 30, 2017

1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. In Petro-Chem Operating Co., Flat River Farms, L.L.C. , 8] However, these agreements did not contain language providing for a mineral reservation to the tract’s original owner. [9]

Spud-in 40

Spud-in Operator IT E&A 40

The Energy Law Blog

APRIL 30, 2020

A well was spud on March 28, 2006. While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline. Cannisnia Plantation, LLC v. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006.

Operator 40

Operator Spud-in Dry Hole Oil 40