A dispute between two Gulf of Mexico oil and gas producers over the right equipment and payment for plugging and abandoning wells has ended in a $43.21 million verdict for an affiliate of Houston-based Apache Corp.

The U.S. Court of Appeals for the Fifth Circuit ruling in Apache Deepwater v. W&T Offshore Inc. gives important guidance for offshore oil and gas operators and nonoperators, said a statement by Susman Godfrey partner Geoffrey L. Harrison, who represents Apache Deepwater.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]