Reviving Distressed Wells

Reviving Distressed Wells

From An Ounce of Prevention by R. Reese & Associates

January 27, 2026 · 23 min · Episode 22

About this episode

This episode discusses the revival of distressed oil and gas wells through disciplined operations and automation.

An Ounce of Prevention explores where energy, law, and real-world operations collide. Each episode pairs timely legal insight with practical conversations from operators who know the field, focusing on the decisions that actually move the industry forward. In this episode, the spotlight is on distressed oil and gas wells , assets that are often overlooked, underfunded, or written off as companies move on to flashier plays. You’ll hear how experienced operators see opportunity in these forgotten wells, using disciplined operations, automation, and wellbore-only strategies to bring production back online. It’s a grounded look at how value is created not through hype, but by knowing what to fix, when to act, and when a simple switch can make all the difference. Caselaw Update: The update covers Miko, LLC v. Targa Gas Marketing, LLC , a decision from the U.S. Court of Appeals for the Fifth Circuit The dispute arose out of Winter Storm Uri (February 2021) and focuses on how far a natural gas seller can go in relying on a force majeure clause under a NAESB (North American Energy Standards Board) gas contract . Time Stamps: 00:57 – Caselaw Update: Winter Storm Uri and force majeure…

People in this episode

Guest: John

Topics covered

  • distressed oil and gas wells
  • energy
  • legal insight
  • automation
  • production strategies

Keywords

  • force majeure
  • Winter Storm Uri
  • NAESB gas contract

Mentioned in this episode

Books & works: Reviving Distressed Wells, An Ounce of Prevention

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