Oil & Gas 360º

APRIL 10, 2025

(Oil & Gas 360) CALGARY, AB , April 10, 2025 /CNW/ – Reconnaissance Energy Africa Ltd. We remain on track to spud the well this quarter and are looking forward to unlocking the significant potential of the Damara Fold Belt.” Prospect I is noted as location 63 in the NSAI report. (1)

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Exploration Well Petroleum Spud-in Exploration and Production 130

The Energy Law

JUNE 21, 2022

The ACR methodology defines eligible abandoned wells to include: (1) unplugged wells with a spud date prior to 1950, which are eligible because they predate standardized regulations for P&A, and (2) unplugged wells with a spud date of 1950 or later and having no production for six consecutive months. million vehicles per year.

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The Energy Law

JUNE 8, 2016

Notices Allowed After Spudding Under prior law, any owner drilling or intending to drill a well serving the unit was required to notify all other owners in the unit “ prior to the actual spudding of any such well of the drilling or the intent to drill and give each owner an opportunity to elect to participate in the risk and expense of such well.”

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Oil Gas Leads

MARCH 31, 2025

PETRONAS Energy Canada Ltd. Other notable operators include Pacific Canbriam Energy and ARC Resources , which also show significant gaps between licensing and spudding. British Columbias upstream oil and gas sector has seen a surge in well permitting activity over the last few yearsbut drilling activity hasnt kept pace.

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Oil Gas Leads

MAY 19, 2025

Ryan Lance, ConocoPhillips This isnt just about domestic energy security. Kaes Vant Hof, Diamondback Energy Sub-$40 Inventory: Americas Strategic Edge What sets the U.S. Mike Wirth This is strategicnot just for cash flow, but for energy diplomacy. Shale wells lose 3040% of their production in the first year.

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The Energy Law

JULY 20, 2018

Recently, the court applied Doiron in the context of a contract to plug and abandon a series of offshore wells in Crescent Energy Services, L.L.C., Turning to the second test, the court noted that the specific work order for the P&A job called for the use of three vessels — a supply barge, a tug, and the spud barge OB 808.

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The Energy Law

AUGUST 10, 2017

In these transactions, the Drilling Party pays for or “carries” all or a substantial portion of the Lease Party’s share of the costs of drilling and completing one or more wells on the leases (“Earning Wells”). The Five Lessons 1. Take advantage of the geology.

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Hydraulic Fracturing Completion Exploration and Production Spud-in 52

The Energy Law

MARCH 2, 2009

By Kevin Connolly On an issue of apparent national first impression, the Houston Court of Appeals, in XTO Energy Inc. In XTO Energy, Smith Production Inc. Several months later, Chevron sold its interest in the lease to XTO Energy Inc. Several months later, Chevron sold its interest in the lease to XTO Energy Inc. (“XTO”).

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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.

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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] Flat River Farms, L.L.C. , 12] In its analysis, the Court first looked to the pertinent language of La.

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