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Operators May Earn and Sell Carbon Credits for the P&A of Inactive, Shut-in, or Temporarily Abandoned Wells

The Energy Law

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.

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Five Lessons Learned from Executing Shale Drilling Transactions

The Energy Law

In these cases, when designing the drilling and earning transaction, consider packaging one or more conventional formations with an unconventional shale formation to create a designated “earning zone”. The Five Lessons 1. Take advantage of the geology.

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Louisiana Second Circuit Addresses: (1) Creation of Mineral Servitudes Via Notarial Acts of Correction; (2) Obstacles Suspending the Prescription of Nonuse from Running Against Mineral Servitudes; and (3) Payment of Court Costs in Concursus Actions

The Energy Law

1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating. 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.,

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