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Zephyr Energy announces initial results from State 36-2R well evaluation Williston Project and Zephyr Hawk update

Oil & Gas 360º

“The decision to perform a novel perforation and acidisation completion has been very much vindicated, and the potential for further optimisation of the project is exciting. The internal technical evaluation of this well is now largely complete, prior to further review by a third party. Net Recoverable Condensate (MMBC) 2.7

BCF 130
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Zephyr Energy plc announces successful initial results from State 36-2R well production test

Oil & Gas 360º

The well test results suggest that the chosen completion strategy (hydra-jet abrasive perforation and matrix acidisation) was highly successful, and the test data results fit well with the Company’s P50 estimate of reservoir properties.

Energy 147
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Third Circuit Restores Rule B Attachment Based On Breach of Contract Claim Under English Law, Implied Indemnity Claim Not Enough

The Energy Law

2009) (explaining that a valid prima facie claim must be “facially sound”). The court found that an English law cause of action for general indemnity is not complete until there has been payment to a third party. Because Bunge’s cause of action was not complete, it could not be adjudicated yet. Fed.R.Civ.P. 649 F.Supp.2d

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Supreme Court of Texas Washes Out the “Anadarko Washout”

Producer's Edge

Anadarko E & P Onshore, LLC, 676 S.W.3d Anadarko E& P Onshore, LLC, no. Cimarex Energy Company (“Cimarex”) obtained a lease in December 2009 of an undivided 1/6th of the minerals in 440 acres located in Ward County, Texas. Anadarko E& P Onshore, LLC, no. 3d 860 (Tex.

E&P 59
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Louisiana Second Circuit Provides Clarity on Production in Paying Quantities and Affirms Lease Cancellation Under Mineral Code Article 140 for Failure to Pay Royalties

The Energy Law

(“Fossil”), with whom Tauren contracted to conduct operations on the property, drilled and completed wells on the leased property in Sections 9, 10, and 16. [5] 6] On September 1, 2009, Gloria’s Ranch executed a top lease to Chesapeake on the property in Section 21. [7] 5] Chesapeake Operating, Inc. EXCO”) for $18,000 per acre.

Royalty 40
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EPA’s Proposed Rule on Vessel Incidental Discharges Brings VIDA One Step Closer to Full Implementation

The Energy Law

The VGP requires Lakers built after January 1, 2009, or “New Lakers,” to meet its numeric ballast water discharge standard. In the EPA’s 2020 proposed regulations, Lakers are subcategorized and completely exempted from the VGP’s numeric standard but required to implement certain BMPs.

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CME Group’s Sammann optimistic amid market volatility

SmartBrief

Second of all, it’s, it’s, there’s definitely a sense of optimism like we I’ve been here in 2020 I was here in 2009 after some of the big, dislocating market events in in previous years. Derek Sammann 0:40 Well, first of all, it’s sunny, which is rare for London, so I get that going for us.