Completion, Drilling rig and Spud-in

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

The Energy Law Blog

MAY 5, 2023

The leases obligated MRC to spud a new well every 180 days after the spud date of the last well during the leases’ secondary terms to avoid having the non-developed portions of the leases terminate. MRC did not notice its error until approximately two weeks after May 21, 2017, at which point it had not yet spudded the new well.

Spud-in

Spud-in Oil Gas Operator

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 Blog

MARCH 30, 2017

In Petro-Chem Operating Co., 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] Flat River Farms, L.L.C. , 12] In its analysis, the Court first looked to the pertinent language of La.

Spud-in

Spud-in Operator IT E&A

Energy Aggregated

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

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

Stay Connected