Topic
Drilling Costs
5 published works
Energy & the Law
Another Louisiana Post-production Cost Case … and More
Dow Construction, LLC v. BPX Operating Company resolved a bundle of issues arising out of a drilling unit established by the Louisiana Commissioner of Conservation: who has the right to…
Energy & the Law
Operator Can’t Recover Drilling Costs For Affiliate’s Expensive Rig
Co-author Alexandra Crawley In Elm Ridge Exploration Co., LLC v. Engle we are reminded of a little-used provision in the 1989 Model Form Operating Agreement. Article VI.D.1 allows the operator…
Energy & Environmental Law Blog
Drilling Costs Slide
By Vorys
This article in the Houston Chronicle reports that some drilling costs are declining, while others - including personnel costs - remain relatively unchanged.
Energy & Environmental Law Blog
Drilling Costs in Decline
By Greg Russell
According to this article in the WSJ, material, labor and drilling costs have declined since the first quarter of this year - due in part to the lower price of…
Energy & Environmental Law Blog
Budget Includes Higher Taxes on E&P Activities
By Vorys
The NYT is reporting that the President's budget proposal will include a repeal of intangible drilling cost expensing and of the percentage depletion for oil and natural gas. That doesn't sound like…