“Production in Paying Quantities”: Louisiana Appellate Court Decides When and What Should be Considered in Determination
The Energy Law
APRIL 29, 2016
The lower court agreed with the plaintiffs, finding that, even if it were to consider the profit calculations put forth by the defendants, the unitized well holding the leases averaged a profit of just over $70 a month, and this minimal profit was not “sufficient to induce a reasonably prudent operator to continue production.”
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