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Legislative Fix to Louisiana’s Risk Fee Act Coming Soon?

By Kyle Polozola on March 25, 2019
Posted in Louisiana in General, Oil and Gas

The Louisiana Risk Fee Act (La. R.S. 30:10) continues to be a big headache for operators.  The Louisiana Legislature revised the Act significantly in 2012, adding alternate and cross unit wells to the category of wells to which the statute applies, but also imposed new obligations on drilling owners during the recovery period.  These new…

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