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IDC Advances 15-Well Project in North Rumaila

Iraq Business News: Oil & Gas

During a site visit to rig IDC 59, Khalid Abbas Ali, Head of the First Drilling and Workover Department, explained that well R-839 is the first to be drilled under this contract for Halliburton, which operates under a day-rate system in the BECL-operated field. Preparations are under way to install 9 casing.

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Getting a Line on Wireline

Permian Basin Oil and Gas Magazine

Vertice management said that the acquisition enhances Vertices’ ability “to support wireline service providers and E&P companies with innovative tools and integrated solutions, and broadens its presence across unconventional oil and gas markets.” They do cased hole work, both vertical and horizontal production.

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Production in Paying Quantities: Maintaining Mineral Leases Beyond Their Primary Terms with Production of Oil or Gas

The Energy Law

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] 7] Other examples of capital expenditures may include equipment costs, overhead, depreciation of original equipment, and workover expenses. [8] West Virginia Oil & Gas Co. ,

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Unclear Jury Instructions Allow for Various Interpretations

Producer's Edge

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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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

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] Tauren Exploration, Inc. , 4] $242,029.26 6] $936,803.00 Rhymes ( jdrhymes@liskow.com ).

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