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Five Lessons Learned from Executing Shale Drilling Transactions

The Energy Law

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”). The Five Lessons 1. Take advantage of the geology.

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Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude

The Energy Law

A well was spud on March 28, 2006. Moreover, prior to drilling the March 2006 well, the mineral servitude owner consulted with multiple professionals. He pointed to owners having a cement truck waiting to fill the well as soon as drilling was completed as objective evidence of such an intent. Cannisnia Plantation, LLC v.