Remove Completion Remove Definition Remove Maintenance
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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”). Many carry provisions end when the Earning Well is completed as a well is capable of producing hydrocarbons.

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U.S. Fifth Circuit Limits Vessels’ Obligations Under Louisiana One-Call Reporting

The Energy Law

Noting that “[t]he Louisiana Supreme Court has never interpreted the One-Call Statute’s definition of ‘excavation’” and, the panel made what it termed an “ Erie guess” holding that a vessel that anchors without first placing a One-Call does not violate the One-Call Statute.

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Top 10 most important actions to ensure successful digital transformation

Yokogawa

It is about completely new narratives and transforming the whole company: rewriting business processes, reassigning people and re-equipping with new technology. Finance, Maintenance, HR, Safety, Production and IT working on transformation opportunities. Sponsors – get C-level buy in.

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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

By definition, a clerical error is an error in writing or copying a document. 27] Second, the operator had testified its “drop dead date” to spud its well was in May 2004 and that, had it realized servitude maintenance issues existed, the well could have been spudded in time. [28]

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