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Standard of Care Provisions for Energy Industry Operations

In commercial contracts for energy industry operations there is reasonably prudent operator standard and the good and workmanlike standard. We are seeing cases where there is interchangeability of a reasonably prudent operator standard with a good and workmanlike standard.

Louisiana , United-states , El-paso , Texas , Fort-worth , Mount-mariah-baptist-church , Amarillo , La-sara , Houston , San-antonio , Dallas , Texarkana

Standard of Care Provisions for Energy Industry Operations

In commercial contracts for energy industry operations there is reasonably prudent operator standard and the good and workmanlike standard. We are seeing cases where there is interchangeability of a reasonably prudent operator standard with a good and workmanlike standard.

Louisiana , United-states , El-paso , Texas , Fort-worth , Mount-mariah-baptist-church , Amarillo , La-sara , Houston , San-antonio , Dallas , Texarkana

Reasonably Prudent Operator or Good and Workmanlike Manner: Does Your Contract Have the Right Standard of Care? | McDermott Will & Emery

The standard of care is an important provision in any operating, management or services agreement because it sets forth the expectations of the parties as to how the contract should be...

Louisiana , United-states , El-paso , Texas , Fort-worth , Mount-mariah-baptist-church , Amarillo , La-sara , Houston , San-antonio , Dallas , Texarkana