--- title: Maintenance of Oil and Gas Leases in These Troubled Times description: Currently in the oil and gas industry there has been a great deal of discussion about significantly reducing or even “shutting in” production. image: https://www.allyenergy.com/hubfs/Imported_Blog_Media/HT-AbstractBackgrounds-PinkPetro-Web-0520-04-p2rzg9k2whr56564ji7ujx11ms7molc5mf6gir2xe0.jpeg --- - [BUILD WITH US](https://www.allyenergy.com/work-with-us) - [GALLERY](http://ally.photos) [![Company logo](https://www.allyenergy.com/hubfs/MJTW%20Assets/logos/ally-energy-logo-2.svg)](https://www.allyenergy.com/) - [ABOUT](https://www.allyenergy.com/about) - [INSIGHTS](https://www.allyenergy.com/resources) - OUR BUILDS - [Houston Energy & Climate Week](http://www.climateweekhouston.com) - [Energy Workforce of the Future](https://www.energyworkforceofthefuture.com/) - [The GRIT Awards & Best Energy Workplaces](https://www.allyenergy.com/2025-grit-awards-best-energy-workplaces-finalists) - [Energy Capital Markets Day on Wall Street](https://www.allyenergy.com/ally-tcs-worley-new-york-marathon-team) - 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[Share](https://www.facebook.com/sharer/sharer.php?u=https%3A%2F%2Fwww.allyenergy.com%2Fblog%2Fmaintenance-of-oil-and-gas-leases-in-these-troubled-times) - [Share](https://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fwww.allyenergy.com%2Fblog%2Fmaintenance-of-oil-and-gas-leases-in-these-troubled-times&title=Maintenance%20of%20Oil%20and%20Gas%20Leases%20in%20These%20Troubled%20Times&summary=Currently+in+the+oil+and+gas+industry+there+has+been+a+great+deal+of+discussion+about+significantly+reducing+or+even+%E2%80%9Cshutting+in%E2%80%9D+production.&source=) - [Tweet](https://twitter.com/home?status=Maintenance+of+Oil+and+Gas+Leases+in+These+Troubled+Times%20https%3A%2F%2Fwww.allyenergy.com%2Fblog%2Fmaintenance-of-oil-and-gas-leases-in-these-troubled-times) - [Watch](https://vimeo.com/allyenergy) ![](https://www.allyenergy.com/hubfs/Imported_Blog_Media/HT-AbstractBackgrounds-PinkPetro-Web-0520-04-p2rzg9k2whr56564ji7ujx11ms7molc5mf6gir2xe0.jpeg) In the current distressed environment of the oil and gas industry, there has been a great deal of discussion about, consideration of, and even implementation planning for, significantly reducing or even “shutting in” production. Join the Chair of Gibson Dunn’s Oil & Gas Practice Group, **Michael P. Darden**, as he discusses how and why this reduction or shut-in of production may occur and the consequences thereof, and provides a comprehensive examination of potential pitfalls and suggested courses of action. [View Slides (PDF)](https://www.gibsondunn.com/wp-content/uploads/2020/05/WebcastSlides-Maintenance-of-Oil-and-Gas-Leases-in-These-Troubled-Times-07-MAY-2020.pdf) [https://vimeo.com/416392899](https://vimeo.com/416392899)   [Webcast: Maintenance of Oil and Gas Leases in These Troubled Times](https://vimeo.com/416392899) from [Gibson Dunn](https://vimeo.com/user22823625) on [Vimeo](https://vimeo.com). --- **PANELISTS:** **[Michael P. Darden](https://www.gibsondunn.com/lawyer/darden-michael-p/)** is Partner-in-Charge of the Houston office of Gibson, Dunn & Crutcher, chair of the firm’s Oil & Gas practice group, and a member of the firm’s Energy and Infrastructure and Mergers and Acquisitions practice groups. Before joining Gibson Dunn, Mr. Darden served as the global chair of the oil and gas transactions practice and co-chair of the global oil and gas industry team at Latham & Watkins as well as the firmwide chair of the global oil and gas practice at Baker Botts. Mr. Darden is Board Certified in Oil and Gas Law by the Texas Board of Legal Specialization. --- **MCLE INFORMATION:** This program has been approved for credit in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1.0 credit hour, of which 1.0 credit hour may be applied toward the areas of professional practice requirement.  This course is approved for transitional/non-transitional credit. Attorneys seeking New York credit must obtain an Affirmation Form prior to watching the archived version of this webcast. Please contact Victoria Chan (Attorney Training Manager) at [vchan@gibsondunn.com](mailto:vchan@gibsondunn.com) to request the MCLE form. Gibson, Dunn & Crutcher LLP certifies that this activity has been approved for MCLE credit by the State Bar of California in the amount of 1.0 hour. California attorneys may claim “self-study” credit for viewing the archived version of this webcast.  No certificate of attendance is required for California “self-study” credit. ## Related Posts [![Geeta Thakorlal on the Meaning of GRIT](https://www.allyenergy.com/hubfs/Imported_Blog_Media/geetathakorlalINTECSEA_news_header-p2sippzmxd1khnvw8r8bkfcanc94dtb7ypn9eovwy0.jpeg) Change & Resilience, Recognition Geeta Thakorlal on the Meaning of GRIT ![](https://www.allyenergy.com/hubfs/Blog%20Authors/ally_one.jpeg) ALLY](https://www.allyenergy.com/blog/intecsea-president-geeta-thakorlal-on-the-meaning-of-grit) [![Oil and Gas Efforts to Recruit Women Aren't Working](https://www.allyenergy.com/hubfs/Imported_Blog_Media/oil-and-gas-p2sfqrwpbyn3iv8cqj0fvew9h3dolkqnxdifpbggw8.jpeg) Energy Insights, Diversity, Equity & Inclusion Oil and Gas Efforts to Recruit Women Aren't Working Katie Mehnert](https://www.allyenergy.com/blog/oil-and-gas-efforts-to-recruit-women-arent-working) [![Talking to my Eight Year Old](https://www.allyenergy.com/hubfs/Imported_Blog_Media/kids-p2s45idxglfrmjby9nvki7iw6e0umn89k3vtac511k.jpeg) Diversity, Equity & Inclusion, Parenting & Family Talking to my Eight Year Old John Sequeira](https://www.allyenergy.com/blog/talking-to-my-eight-year-old) ### Subscribe Here! 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