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Force Majeure Clause Fails to Protect Oil and Gas Lessee From Mistakenly-Scheduled Deadline

The Energy Law

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. The lessee is also engaged in operations on an old well that will not be completed until Day 50, and it cannot begin operations on the new well until operations on the old well are complete.

Spud-in 98
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Possible Change to Jones Act Interpretations Regarding Coastwise Activities

The Energy Law

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”.