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DNO reports "Stellar Production" in Iraqi Kurdistan

Iraq Business News: Oil & Gas

DNO ASA , the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of what it described as " stellar production " in the Kurdistan region of Iraq. 20+ well workovers and interventions. By John Lee. DNO's Executive Chairman Bijan Mossavar-Rahmani, said: "Our Kurdistan team is doing a terrific job.

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

The Energy Law

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.

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Louisiana Second Circuit Finds Holder of Mortgage Encumbering a Mineral Lease Solidarily Liable with Mineral Lessees for Damages Under the Louisiana Mineral Code

The Energy Law

The mortgagee directed the mineral lessees to perform specific workovers and completions on other properties collateralized in the mortgage. It also held that the holder of the mortgage over the Lease was solidarily liable as well. [8] in this matter. [1] 1] Gloria’s Ranch, L.L.C.

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