Drill Deeper

Drill Deeper

News and Updates on Oil & Gas Legal Issues

Tag Archives: Risk Fee Statute

Courts At Odds Whether Non-Operator Lessees Can Invoke LA. R.S. 30:103.1 and LA. R.S. 30:103.2

Posted in Legal Updates
Under La. R.S. 30:103.1 and 30:103.2, an unleased owner in a commissioner’s unit is entitled to reports on production and costs from a well in the unit and, in certain circumstances, statutory penalties if such reports are not timely provided.  But is a non-operator lessee entitled to the same relief?  Two recent courts have reached… Continue Reading

Amendment to Louisiana Risk Fee Statute Closes Loophole Shown by Recent Case

Posted in Legal Updates
Louisiana Revised Statute 30:10, commonly referred to as the Risk Fee Statute, was amended during the 2016 Regular Session of the Louisiana Legislature.  The statute as amended took effect June 13, 2016.  The amendment expressly allows an operator of a commissioner’s unit to assert the risk fee penalty against a non-operator lessee by sending the… Continue Reading