Oil & Gas 360º

APRIL 2, 2025

The first well was spud on April 1, 2025, utilizing Precision E-Drilling Rig 461, as part of the Companys continued strategy to expand production and enhance operational efficiencies in the Denver-Julesburg (DJ) Basin. Drilling is expected to be completed by early June, with hydraulic fracturing commencing shortly after.

Operator 130

Operator Hydraulic Fracturing Spud-in Natural Gas 130

Oil Gas Leads

MARCH 31, 2025

Other notable operators include Pacific Canbriam Energy and ARC Resources , which also show significant gaps between licensing and spudding. For service providers, this presents a massive forward-looking opportunity. The result? A growing backlog of approved well licenses that have yet to be turned into producing wells.

Gas 52

Gas Oil Basin Spud-in 52

The Energy Law

APRIL 30, 2020

A well was spud on March 28, 2006. 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. Cannisnia Plantation, LLC v. The well was a dry hole, however, and was therefore plugged and abandoned on April 21, 2006.

Operator 40

Operator Dry Hole Spud-in Abandonment 40

The Energy Law

MARCH 30, 2017

In Petro-Chem Operating Co., Flat River Farms, L.L.C. , the Louisiana Second Circuit addressed issues affecting the creation and preservation of mineral servitudes and payment of court costs in a concursus action. [1] 8] However, these agreements did not contain language providing for a mineral reservation to the tract’s original owner. [9]

Spud-in 40

Spud-in Operator IT E&A 40