Five Lessons Learned from Executing Shale Drilling Transactions
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.
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