Remove E&P Remove Field Remove Maintenance
article thumbnail

Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

Louisiana Mineral Code article 124 provides for lease maintenance beyond the primary term by production in paying quantities. 24] Defendants’ expert testified that the property was outside the core Haynesville Field and, therefore, less valuable. [25] EP Energy E&P Co., 8 (citing La. 8 (citing La. 31:124, cmt.). [14]

Royalty 40