The Energy Law Blog
JUNE 8, 2016
. § 30:10, which governs unit operations in the absence of a joint operating agreement. The amendment provides that estimated or actual drilling costs determined by the AFE sent with the notice are due within sixty (60) days of the actual spudding of the well or receipt by the notified owner of the notice, whichever is later.
The Energy Law Blog
JUNE 21, 2022
The ACR methodology defines eligible abandoned wells to include: (1) unplugged wells with a spud date prior to 1950, which are eligible because they predate standardized regulations for P&A, and (2) unplugged wells with a spud date of 1950 or later and having no production for six consecutive months. million vehicles per year.
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The Energy Law Blog
MARCH 30, 2017
In Petro-Chem Operating Co., Flat River Farms, L.L.C. , the Louisiana Second Circuit addressed issues affecting the creation and preservation of mineral servitudes and payment of court costs in a concursus action. [1] Flat River Farms, L.L.C. , 12] In its analysis, the Court first looked to the pertinent language of La.
The Energy Law Blog
AUGUST 10, 2017
Also included is a joint operating agreement (“JOA”) to govern the drilling and operation of additional development wells in a formation once a working interest in that formation has been earned in accordance with the provisions of the EJDA. The Five Lessons 1. Take advantage of the geology.
The Energy Law Blog
MARCH 2, 2009
Smith”) was the operator of the Bloomberg oil and gas lease, whose operations were governed by two JOAs. (“Smith”) was the operator of the Bloomberg oil and gas lease, whose operations were governed by two JOAs. By Kevin Connolly On an issue of apparent national first impression, the Houston Court of Appeals, in XTO Energy Inc.
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