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Louisiana Revised Statutes Tit. 30, § 111. Payment for materials furnished or used in drilling well; market price

Current as of January 01, 2023 | Updated by Findlaw Staff

Owners of unleased mineral interests and lessees in any drilling unit authorized by the department of conservation of this state, shall not be liable or obligated to pay to the operator or producer for materials furnished or used in the drilling, completion, and production of any oil, gas, or mineral well drilled on said unit a sum in excess of the prevailing market price of such materials.

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Cite this article: FindLaw.com - Louisiana Revised Statutes Tit. 30, § 111. Payment for materials furnished or used in drilling well; market price - last updated January 01, 2023 | https://codes.findlaw.com/la/revised-statutes/la-rev-stat-tit-30-sect-111/

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