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“Production in Paying Quantities”: Louisiana Appellate Court Decides When and What Should be Considered in Determination

The Energy Law

In Middleton, plaintiffs, the successors to the original lessors, filed suit against defendants-oil and gas companies who had an interest in maintaining the three mineral leases, arguing that the three leases terminated on their own terms for failure to produce in paying quantities during a period of forty-one months approximately 17 years prior to (..)