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Texas new drills jump 27% higher in March over February, tie January’s level

Oil & Gas 360º

(World Oil) –The Railroad Commission of Texas on Friday released its figures for March drilling in the state, showing a noticeable gain over the previous months number. RRC figures show 1,072 new drills recorded during March (up 27.5%), including 818 oil wells, 246 gas wells and eight dry holes. in February, 72.4%

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Casing Controversy: Does the Comparative Fault Codal Article Cover Contract Claims?

The Energy Law

In Justiss Oil Company, Inc. Oil Country Tubular Corp., Justiss Oil Company, Inc. Justiss”) entered into a turnkey drilling contract to drill a deep oil well using intermediate casing purchased from Oil Country Tubular Co. In doing so, the Third Circuit created an issue ripe for Louisiana Supreme Court decision.

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Louisiana Second Circuit Provides Guidance as to Good Faith Required When Conducting Operations Necessary to Interrupt Prescription of Mineral Servitude

The Energy Law

While the long-term fallout from the recent decline in oil prices and the COVID-19 pandemic remains unclear, it is clear that drilling activity has already started to decline. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006. Cannisnia Plantation, LLC v. 1] 53,252 (La.