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AI advisor helps exploration geologists make better, faster predictions

IBM: Oil & Gas

We gained these benefits from a recent project to apply artificial intelligence (AI) to early exploration research. This helps them to make better and faster decisions in the intense competition for gas and oil exploration contracts. Finding the relevant information by conventional means is time consuming.

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Louisiana Third Circuit Affirms that LDNR Can Only Recover Emergency Response Costs Under La. R.S. 30:93(A)(4) from the Operator of Record and its Working Interest Owners

The Energy Law

In Litel Explorations, LLC v. and Gary Production Company were named as prior operators of the G.A. The Lyon Well was leaking in 2018, which prompted the LDNR to task the current operator (Sandhill Production, Inc.) Aegis Development Co., LLC , 21-0741 (La. 4/6/22), –So. 30:80 et seq. Lyon Well #1. with stopping the leak.

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The Smackover Formation: Unveiling the Lithium Potential

The Energy Law

The rising demand for lithium, combined with Federal tax credits for lithium production, has intensified lithium exploration efforts. Formed during the Jurassic period, this geological formation has been tapped for oil and gas, as well as brine for production of bromine, since the 1950s.

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Haynesville shale gas production is increasing again; Will Haynesville-related litigation increase again, too?

The Energy Law

In August 2018, dry natural gas production from the Haynesville shale averaged 6.774 billion cubic feet per day, which is the highest daily Haynesville production average since September 2012 when production averaged 6.962 billion cubic feet per day. August 2018 was not an anomaly. El Paso E & P Co. , 2d 640, 641-43 (W.D.

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Western District of Louisiana Holds that Unit Operators May Not Recover Post-Production Costs from an Unleased Mineral Owner’s Share of Production Proceeds

The Energy Law

District Court for the Western District of Louisiana held that a unit operator may not recover post-production costs from an unleased mineral owner’s share of production proceeds in Allen Johnson, et al. 30:10 governed whether a unit operator may deduct post-production costs against UMO’s share of production proceeds. [3]

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Communicate like a leader

SmartBrief

The employees did not believe their customers were unhappy with some of the companys products and services. One of the senior leaders instructed a staff member to video a dozen or so customers giving a harsh critique of one of the companys products or the lousy service they had received. What to avoid? Make it clear and crisp.

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AI in Oil and Gas – A Game-Changer for Efficiency and Profitability

Aresco

AI-powered technologies are enabling companies to optimize operations, enhance oil and gas exploration, and prevent costly disruptions. AI-Driven Exploration: Unlocking New Potential Oil and gas exploration has always been a high-stakes endeavor, requiring extensive research, testing, and investment.

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