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Dubai-based Viking Completion Technology is expanding its operations in Saudi Arabia following successful results from trial projects The provider of well completion equipment and services deployed its well completion design, manufacturing, and service expertise for five projects across the Kingdom between September 2023 and November 2024.
Notwithstanding, output was increased by bringing three previously drilled wells onstream and by workovers and interventions on more than 20 other wells across the license. 20+ well workovers and interventions. Genel Energy International: 25% interest. Operational Overview Well testing program completed in Q4.
“Operating expenses”—or “lifting expenses” as they are sometimes referred—are “ordinary, recurring expenses” that are attributable to the expense of production, after the well is drilled and completed. [5] at 718-19; see also Dore Energy Corp. 2003) (citing Louisiana Mineral Code article 124). [3] 3] Menoah , 545 So.
The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. Tauren”) In February 2006, Tauren assigned an undivided 49% interest in the Lease to Cubic Energy, Inc. The mineral lessees executed credit agreements with Wells Fargo Energy Capital, Inc.
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