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Forum Shopping Curtailed: Venue Limited to Parish Where Drilling Rig Was Lost

The Energy Law

D&D alleged that Pritchard, an employee of Alliance, which XTO retained to operate the rig, failed to ensure that sufficient drilling mud was on hand at the rig, and that the lack of sufficient drilling mud caused a well blow out and subsequent fire that destroyed the rig in LaSalle Parish.

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Florida Investors and the Shift to Alternative Investments in Oil and Gas

Aresco

government offers a variety of tax incentives aimed at encouraging domestic energy production. These include deductions for Intangible Drilling Costs (IDCs) and Tangible Drilling Costs (TDCs). This provides a significant upfront tax benefit, reducing the overall financial risk of the investment.

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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

which governs notarial acts of correction: A. (1) 25] In addition, the operator was unable to move a drilling rig onto the wellsite due to weather in February 2004, and as a result, the operator had to pay standby time for the rig. [26] 12] In its analysis, the Court first looked to the pertinent language of La.

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