The Energy Law

MAY 5, 2023

In compliance with that obligation, MRC created a drilling schedule listing June 2, 2017 as the spud date of a new well based on its belief that the deadline to spud that well was June 19, 2017. On June 13, 2017, MRC sent force majeure letters to the lessors claiming that it experienced a delay in the well’s drilling around April 21, 2017.

Spud-in 98

Spud-in Oil Gas Operator 98

Aresco

OCTOBER 25, 2023

Upstream: Activities: Upstream refers to the exploration and production (E&P) phase of the oil and gas industry. It involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. Key Processes: Exploration, reservoir analysis, drilling, well completion, and production.

Downstream 52

Downstream Midstream Upstream Crude Oil 52

The Energy Law

NOVEMBER 13, 2019

One factor the CBP proposes to use in evaluating whether an item constitutes vessel equipment is whether the item “is returned to and departs with the vessel after an operation is completed, and is not left behind on the seabed”. Merchandise/Vessel Equipment Vessel equipment is not merchandise.

Transportation 40

Transportation Operator Drilling rig E&A 40

The Energy Law

MARCH 30, 2017

Flat River Farms, L.L.C. , the Louisiana Second Circuit addressed issues affecting the creation and preservation of mineral servitudes and payment of court costs in a concursus action. [1] 1] In the case, an operator initiated a concursus action seeking to resolve ownership interest in minerals underlying property on which it was operating.

Spud-in 40

Spud-in Operator IT E&A 40