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HomeMy WebLinkAboutPR 14574: US SPECIALTY INSURANCE CO - RELEASE OF SURETY BONDinteroffice MEMORANDUM To: Mayor, City Council, and City Manager ~ / ~~ From: Mark T. Sokolow, City Attorney ~,~'~~.~~/~_ _ -- Date: February 21,.2008 Subject:. P. R. No. 14574; Council Meeting February 26, 2008 'Attached is P. R. No. 14574 as it pertains to the release of Drilling Permit Bond, B0001317, to U. S. Specialty Insurance Co., as requested by Browning Oil Company, Inc. MTS:ts Attachment Cc: John Comeaux, Director of Public Works z.pr14574 memo P. R. No. 14574 02/18/08 is RESOLUTION NO. A RESOLUTION AS IT PERTAINS TO THE RELEASE OF A SURETY BOND TO II. S. SPECIALTY INSURANCE CO. WHEREAS, obligations secured by Drilling Permit Bond No. B001317 were assigned to Denali Oil & Gas Management, L.L.C.; and WHEREAS, subject well. (B.P. Fee #1) was drilled and plugged by Denali on May 10, 2007; WHEREAS, all activity encompassed within the drilling permit has now ceased; and WHEREAS, Browning Oil Company, Inc. is requesting that Drilling.Permit Bond No. :B001317 be released to U. S. Specialty Insurance Co. immediately, per the request from Browning Oil Company, Inc., attached hereto as Exhibit "A".; and WHEREAS, it is deemed in the 'public interest to release the Drilling Permit Bond, No. B001317 to U. S. Specialty Insurance Co. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PORT ARTHUR, TEXAS: Section 1. That the facts and opinions in the preamble are true and correct. Section 2. That Drilling Permit Bond No. B001317 is hereby released to U. S. Specialty Insurance Co. Section 3. That a copy of the caption of this Resolution z.pr155'14 be spread upon the Minutes of the City Council. READ, ADOPTED AND APPROVED on this day of A.D., 2008, at a Meeting of the City Council of the City of Port Arthur, Texas,_by the following vote: AYES: Mayor Councilmembers NOES: MAYOR ATTEST: CITY SECRETARY APPROVED AS TCO,~F/OR-M,: / CITY ATTORNEY APPROVED FOR ADMINISTRATION: CITY MANAGER z.pr145'J4 EXHIBIT "A" 8080 North Central Expressvay Suite 780 Dallas, Texas 75206 November 2, 2007 City of Port Arthur, TX Attn: City Attorney's Office P.O. Box 1089 Port Arfhur, TX 77641-1089 _ BOCI iV011 rl `i 2007 Pna~e: tz1a173~-sasl Browning Oil Company, Inc.. Fax: (zta)739-aass 'rf/'16 ~f t-7~+r~t i~i :._.~~'t - Re: Drilling Permit Bond IVo.: 8001317 Surety Company: U. S. Specialty Insurance Co. c/o IndemCo 7777 Post Oak Blvd. ;4330 Houston, TX 77056 To Whom It May Concern: - - Please release the referenced bond to U.S. Specialty Insurance Co. effective immediately. The obligations secured by this surety were assigned to Denali Oil & Gas Management, LLC and they may or may not have submitted their replacement bond. In any event the subject well (B:P. Fee #1) was drilled and plugged by Denali on 5-10-2007 as evidenced by the attached Railroad Commission Form W-3 attached. All activity encompassed within the Drilling Permit has now ceased. If there are any problems or concerns in releasing the surety bond, please contact our office immediately. Sincerely, William D. Patterso t~ ~' Vice-President - Financ ~ 214-739-3481 X110 Email - bill.p@browriingoil.com Plugging Rcconi RAILROAD COT'fivIISSION OF TL,}:AS FORhf w-3 OIL AND GAS DIVISION Aew.12/92 royl - AP[Na. (if nvailabic) 11. RRC Disvicl I FILE Ilv DUPLICATE WITH DISTRICT OFFICE OF DISTRICT IN lh'HtCH °~ ~C1'°"or1O - a h ~- WELL IS LOCATED V`JITHIid TH IRTY DAYS AFTEP. PLUGGING mn 4~" =' /'<l~c 2. FIEIA Nh ME(v per RRC mcoNs) 3. Ls>. Name 5. Nell Number ' DPERATGR - 6. 6a. Orig IF W i filea in vxn[ 10. Crxuny ADDRESS ~j{ 1. l {..[' E6. Any s.bseGuenlW I's fihamnemc of - IL Da•c DnlLng Pe^ni'issud is ,; -Yi.S[ ! .j.,.. I w;r;e ~ - tl Lecetion of ell, re erne to neartsl lezze bovrd_nes Lel tmm f' ~ ~ : line antl / ' ~ ~;' fen C m • ` ' 12. Farm h btt t • oflasc on which this wdiis bca¢E { f ~ /' -i-<- - Tina of Nc F` -- Icesc - -I ~ .. s'!1.~ ~O 9a. SECf10N, BLOCK end SIJRbTy 9h. Distznce and direction fiom nrare;t rown in this covnry~ G Da¢pr.lling Cmmnoced .p / - 16 Tvyc Weill I g= Tan Ucvln Ii molt ple wmDknon list ail field nzmes vM Oillcse or Fas ~d w's Omlo Or OI O -a'ellx ' I°. Dal D Il ng CemD~ed OilLwee Ges-G I - ~ D?le u'eil PlugF ed .. IS. IF. Ifgas,nml_nf nind.m ~ ~ - hand ar Rmc of lu °in, /_' ~~ ~~ CEIlEtJTlWG TC PLUG AND AGPNDON DwTk: - ~- ~ PIUGfi PLUG R2 PLUG LG FLUG .- FLU6 rE I PLUG:'E FLUG 4/ PLUG ;,E "19. Ccmcnung be;c - .~~~ zj'c-J'1 570 O-J I 20. Sir ofliole or Pipc in which Plug Flared (ir¢hes) ~/T~'/G~,e p i]~~;•"•"~ J'Qjt; C~ 2., Oe[vh to BOUOm ofTubine or Drill Pix (R) C+c.ti: lr c c ; -~-; G 4-- ` 5~ / °22 Sachs ofCemcnt Us~(cach plug) ~f {~ 35i _ 2?. Slurry Valeme Pumyw'fw.ft) L(~,1 .~G~: G' .r1 '1zi •N. Calculated TOF OfP1uS (ft.) ~~ (l:' X11 , Jl Sw`" q.,[e, 25. M~sured Too c(?Ivg fif laFged)(fr) } ,.]Sp ` (( Il~ t '^c.%F-L '26. Siorty Wr aGel. - jl. ,L •GC c /l •Or ~-~ ~ Y' ••;-Tyne Cnneni IiN'4a+n~ 1'~A`C'r~.~ (l./Uv'.' 2S. GASiIv'G AND TUBING REGOFD AFTER PLUGGING 39. Was zm~ nmdnliable material (oNr• rha+i azins) left in Lhis wdip n Ys ~ Ko SLZG KT nl FT PUT IN !'TELL (R.I LEFT R. YYELL ((L) HOLE SIZE (in; 29a. Ifanswer to daaw is "t'd style Bepb to wp of" j 1"le4mtale and brieliy _ . be ann-aNiahle mmoial_ R"`re..a~K aide nffnm, .f more apace ~. nsd_d.l ~ ~t i'f': JI' ~ f ~~G ~' .J ( ~ IS rs IY ~llc (S Q ~''~' ~ ~ ( I I J0. LLT ALL OPEN HOLE ANOlOF. PERFORATED INTEFVALS - PROM S CJ ~ .. ~"tai L TO FROM TO ! FROM _~: !-, Y ~~ - ~ ~ ~ - TO I FROM. TD l ` FRO\d - :' _. ~ ~ ;y TO ( '(~~ FROM TO FROM eL TO ~ ~ F t F L t ~ ' FROM TO FROM :- -.: TO c. C __ ~.. FROM 1 0 I have knowled c tlrat the ce ring operatimas, as reflected by the intornafion found w this form, wem performed as indica[ed by such information. t Designates items m fom dct Id by Cementing Company. hcln nut so duigmmd shall be completed by operator 1 n, _~\..~'~~ly' ~~)~~ ~ -' 4 .~-nk~J~'~t°~~'t-ASS ~~i Sionai~-E'.-rteDterZr Authorized Representative Name Cemontin9 Company CERTIFICATE: 1 declare undtu penalties prescribed in Sec. 9].143, Texas Nature! Resources Code, that 1 am authorized to make this report, that this report was .- - prepared by me or under my sunarisioo end dilixtion, and drat data and facts stated theroin are wa conrc4 and compiae, to Ute best of my kno ledge- , n _ - _ .- $~~r i !! ~ .4..i t .,_. i ~ 1~: t~ ~7 {~i_'~~l' ' PRONE = - REPRESENTATIVE OF COMPANY, TI~ ~ DATE NC ~ NUMBER SIGNATURE: REPRESENTATIVE OF RAILROAD COMMISSION 3J. Mad Weight 31. Was well fill:d with rtmd - laden fluid. Ycs 32 Elow.vas mud applied? 1.9StGSL accordingm Wa ¢guleuons of bye ~NO j` 1;<,,. .. ,. :.-~ ~.~ wbrK Railroadfommiss~on? ~icC`~yO•L~'~•e ~a___ y-S'o 34. Toul Depth :O:hcr Resb wucr Zones by TD W.N. 35. Haas ell ahandnnd wdk on this lezu beer. plugged acmrding m R R C Rules" Cho TOF 80TT041 3F. If NO. Explain Dt ax w~m.eS ,L 3]. Namc`M address of cemrntingor service companywhomixed and pumFd eememplugs in Ynisaell CwfiPr.Cr~(`a,. ~Ua¢RRC UisL nORce norifidofpieegioB l1~~C~ 3ar~„ `\cfc5 l~C yiuo±J~ rvwvcclt.-~ e„ww•1 7c ao - _ I }P. Namc(s)vid add~ess(es)ofsurface exarcm of wclisitc s 4 ( C l t ~: I __ '_- ;e. Was wrice Siren bzfea pluBCln"mbie abn.'e? PILL IN BELOW FOR DltVH SON L° 1 10. Fo: drv holes, thin form mull be aceompan~N by eilhcra a.-;:!cr's, dccc-:. redioaaisip', or arxussci<apsonic log or such lag mua: be mlmsed to a commercial log urvia. I i ~1 cl~sal oa __ Dam Loc Arta<hc1 ~J Ln€r Tyne La€" ,, on=.ti¢I!S is Unllds 'I_J Elrem< I~ Redim.cti~ I. ~-~ 41. Dntz FORM P-8 (Spevid Cleamnm) fled- a?_ Amoum of oll produced priorto Flu(icing bb File FO!tnt P-I (Oil Pioducnon Rmon) fo: men,hl¢is oil wss pmducN k k C 115E ONLY Nea~ea Feld _ _ REMARKS 1 fs t t / r .d`~ 1.p..pj YF1G f/~'Y+ ~~(yC ~~~ ~"-~- 71't: ~4 C^~..P_l~i; ~.C_z£ti7 \c14S 4- t3-t.~E~~CLJ