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02 September 2010 / Mark Sefton , Oliver Radley-Gardner
Issue: 7431 / Categories: Features , Property , Commercial
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What lies beneath

Oil extraction & the Pointe Gourde principle: Mark Sefton & Oliver Radley-Gardner report

Oil is lighter than water, which is the key to how to extract it efficiently from an underground reservoir. The well is drilled as close as possible to the apex of the oil field. Then, as the oil is extracted, water is pumped in to replace it. The water sinks to the bottom of the reservoir, forcing the oil to rise to the top. That way, all of the oil will eventually work its way to the apex, and can be extracted. If the well cannot be drilled to the apex of the reservoir, then the extraction will be compromised and some of the oil will remain inaccessible.

Petroleum Production Act

It is this fact which, indirectly, gave rise to the litigation between Star Energy and Bocardo SA, which has now resulted in a decision from the Supreme Court, at [2010] UKSC 35, [2010] All ER (D) 333 (Jul). It concerns a high academic issue of what

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MOVERS & SHAKERS

Thackray Williams—Lucy Zhu

Thackray Williams—Lucy Zhu

Dual-qualified partner joins as head of commercial property department

Morgan Lewis—David A. McManus

Morgan Lewis—David A. McManus

Firm announces appointment of next chair

Burges Salmon—Rebecca Wilsker

Burges Salmon—Rebecca Wilsker

Director joins corporate team from the US

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When an ex-couple is deciding who gets what in the divorce or civil partnership dissolution, when is it appropriate for a third party to intervene? David Burrows, NLJ columnist and solicitor advocate, considers this thorny issue in this week’s NLJ
NLJ's latest Charities Appeals Supplement has been published in this week’s issue
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