Remove Dry Hole Remove Education Remove Oil
article thumbnail

Casing Controversy: Does the Comparative Fault Codal Article Cover Contract Claims?

The Energy Law

In Justiss Oil Company, Inc. Oil Country Tubular Corp., Justiss Oil Company, Inc. Justiss”) entered into a turnkey drilling contract to drill a deep oil well using intermediate casing purchased from Oil Country Tubular Co. In doing so, the Third Circuit created an issue ripe for Louisiana Supreme Court decision.

Casing 40
article thumbnail

Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude

The Energy Law

While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. Cannisnia Plantation, LLC v. 1] 53,252 (La.