Iraq Business News: Oil & Gas
FEBRUARY 6, 2025
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. Turkish Energy Company (TEC): 16% interest (20% paying interest).
Oil Review Middle East
MARCH 10, 2025
These trials have enhanced the availability of the technology required to complete complex, high-value new and workover wells to support the regions energy infrastructure.
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The Energy Law
APRIL 29, 2016
EP Energy E&P Company, L.P., The Louisiana Second Circuit Court of Appeal, in Middleton, et al.
The Energy Law
JANUARY 26, 2016
7] Other examples of capital expenditures may include equipment costs, overhead, depreciation of original equipment, and workover expenses. [8] at 718-19; see also Dore Energy Corp. 5] They include fixed or periodic cash expenditures incurred in the daily operation of a well. [6] 2003) (citing Louisiana Mineral Code article 124).
The Energy Law
MARCH 3, 2016
EP Energy E&P Co., First, the court recognized that the plaintiffs’ calculation of expenses included extraordinary expenses for the installation of a compressor and workover operations and instructed that “such nonrecurring expenses are not considered as operating expenses for the purpose of determining production in paying quantities.”
The Energy Law
JUNE 12, 2017
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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