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“Production in Paying Quantities”: Louisiana Appellate Court Decides When and What Should be Considered in Determination

The Energy Law

APRIL 29, 2016

EP Energy E&P Company, L.P., The Second Circuit next turned to defendants’ second argument: the lower court erred in finding the unitized well failed to produce in paying quantities as the evidence demonstrated that a reasonably prudent operator would have continued production.

Workover

Workover Operator E&P E&A

Production in Paying Quantities: Second Circuit Holds Lower Courts Must Consider All Relevant Factors, Not Just Profit

The Energy Law

MARCH 3, 2016

EP Energy E&P Co., The court further instructed that the fact finder must consider: “all matters which would influence a reasonable and prudent operator. Firstly, the decision reaffirms that extraordinary, nonrecurring expenses are not operating expenses. 50,300-CA (La. during the 41-month period.

Exploration and Production

Exploration and Production Operator Workover E&P

“Production in Paying Quantities”: Louisiana Appellate Court Decides When and What Should be Considered in Determination

Production in Paying Quantities: Second Circuit Holds Lower Courts Must Consider All Relevant Factors, Not Just Profit

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