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Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

JANUARY 26, 2016

In Louisiana, as in most jurisdictions, production of oil or gas must be in “paying quantities” to maintain a mineral lease beyond its primary term. [1] 7] Other examples of capital expenditures may include equipment costs, overhead, depreciation of original equipment, and workover expenses. [8] West Virginia Oil & Gas Co. ,

Oil

Oil Exploration and Production Gas Operator

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

The Energy Law

APRIL 29, 2016

In doing so, the Second Circuit affirmed in part and reversed in part the lower court’s ruling granting a motion for partial summary judgment in favor of plaintiffs-lessors terminating three mineral leases for failure to produce in paying quantities, and remanded to the district court for further proceedings.

Workover

Workover Operator E&P E&A

Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

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

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