A dispute between two Gulf of Mexico oil and gas producers over the right equipment and payment for plugging and abandoning wells has ended in a $43.21 million verdict for an affiliate of Houston-based Apache Corp.

The U.S. Court of Appeals for the Fifth Circuit ruling in Apache Deepwater v. W&T Offshore Inc. gives important guidance for offshore oil and gas operators and nonoperators, said a statement by Susman Godfrey partner Geoffrey L. Harrison, who represents Apache Deepwater.

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