Louisiana Operator Survives Forfeiture of Right to Recover Drilling Costs
By EsqSocial Corporation 20/12/24
In Mistretta v. Hilcorp Energy Company, unleased mineral owner Mistretta sued Hilcorp alleging failure to provide requested production and well cost information pertaining to an oil well operated by Hilcorp. The well was in a unit established in accordance with the Louisiana Conservation Act. The issue: Do La. R.S 30:103.1 and 103.2 require one notice or two before the operator loses its right to recover costs from the owner?...
By: Gray Reed