81st Texas Legislature, Senate Concurrent Resolutions 72 Page: 1 of 6
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S.C.R. No. 72
1 SENATE CONCURRENT RESOLUTION
2 WHEREAS, Gulf Energy Exploration Corp. alleges that:
3 (1) Gulf Energy Exploration Corp. acquired four
4 inactive "orphaned" wellbores in Sherman Field, Offshore Calhoun
5 County, Texas, that are strategically located to enhance the
6 capture of reserves that would otherwise be uneconomical to
8 (2) One of these orphaned wellbores is designated
9 "State Tract 708-S No. 5";
10 (3) Gulf Energy Exploration Corp. intends to rework
11 the orphaned wellbores it owns in Sherman Field and tie them back in
12 to the Sherman pipeline system;
13 (4) In a conference on May 19, 2008, representatives
14 from Gulf Energy Exploration Corp., the Railroad Commission of
15 Texas, the Office of the Attorney General of the State of Texas,
16 American Coastal Energy, Inc., and bankruptcy counsel for American
17 Coastal Energy, Inc., reached a tentative settlement and
18 forbearance agreement, pending approval of the commission,
19 attorney general, and bankruptcy court;
20 (5) On or about May 25, 2008, the Railroad Commission
21 of Texas wrongfully plugged and abandoned State Tract 708-S No. 5,
22 using Superior Energy Services, Inc., as the plugging contractor;
23 (6) By June 9, 2008, all parties to the agreement of
24 May 19, 2008, had signed the settlement and forbearance agreement;
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Texas. Legislature. Senate. 81st Texas Legislature, Senate Concurrent Resolutions 72, legislative document, June 19, 2009; [Austin, Texas]. (texashistory.unt.edu/ark:/67531/metapth149885/m1/1/: accessed May 29, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting UNT Libraries Government Documents Department.