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Mineral lessees may be particularly concerned with whether recent production levels have maintained their leases beyond their primary terms. 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] Lea Exploration Co. , JLH Enters. ,
In 2003, the Louisiana Supreme Court rendered its landmark decision in Corbello, et al. Iowa Production, et al. Recently, those typical types of claims have been supplemented in some legacy litigation cases with citizen suit allegations based on the Louisiana Environmental Quality Act.
In most cases of default of a current lessee or owner of operating rights, BSEE will call upon a prior interest owner to perform the required decommissioning. 2003-N06, which was itself replaced by NTL No. A party that assigns a record title interest or operating rights remains liable for decommissioning liability.
McKinsey Global Instituteâs recent research report, The next big arenas of competition , identifies embodied AI and robotics as one of five emerging frontiers that are shaping future global productivity and digital infrastructure. Handrix: Animating the human hand , Eurographics Association, July 26, 2003. 4 George ElKoura et al.,
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