Iraq Business News: Oil & Gas

JUNE 17, 2025

The Iraqi Drilling Company (IDC) is making steady progress on its project to drill 15 oil wells in the North Rumaila field , working in coordination with Halliburton and Basra Energy Company Limited (BECL). Preparations are under way to install 9 casing. Drilling operations began on 26 May 2025, targeting the Mishrif formation.

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Permian Basin Oil and Gas Magazine

JUNE 23, 2025

Actually, it was in late 2024 that the wireline sector witnessed a big move, when Axis Energy Services merged with Brigade Energy Services to create what the combined company—Dallas-based Axis Energy Services LLC —described as the largest well servicing company in America. We started off logging for Diamondback Energy.

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Producer's Edge

APRIL 22, 2025

Background of the Dispute In this case ( Lario Oil & Gas Co. Black Hawk Energy Services, Ltd. ), Lario Oil & Gas Company (Lario) sued Black Hawk Energy Services, Ltd. Black Hawk) entered into a Master Service Agreement (MSA).

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The Energy Law

JANUARY 26, 2016

4] Paying quantities cases usually focus on what expenses constitute “operating expenses.” “Operating expenses”—or “lifting expenses” as they are sometimes referred—are “ordinary, recurring expenses” that are attributable to the expense of production, after the well is drilled and completed. [5] at 718-19; see also Dore Energy Corp.

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The Energy Law

MARCH 3, 2016

EP Energy E&P Co., While not particularly groundbreaking, Middleton does provide further guidance to mineral lessees and litigators with respect to the relevant factors and time period considered in a paying quantities case. 50,300-CA (La. Ultimately, the Second Circuit reversed the district court’s judgment on other grounds.

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The Energy Law

JUNE 12, 2017

1] In the case, a landowner sued its mineral lessees for: (1) failure to provide a recordable act evidencing the expiration of a mineral lease under Mineral Code articles 206-209 and (2) failure to pay royalties under Mineral Code articles 137-140. [2] The mineral lessees executed credit agreements with Wells Fargo Energy Capital, Inc.

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