In Re Energy Contractors, Inc.

OPINION CONCERNING SUMS DUE FROM WELL OPERATORS TO DEBTOR: LIEN VALIDITY/SET-OFF/RECOUPMENT

WESLEY W. STEEN, Bankruptcy Judge.

I. FACTS

During its active business life, the Debt- or was in the oilfield service business; it prepared drilling sites for the erection of drilling equipment. Among other things, such work might consist of clearing the site of trees, brush, and debris; of leveling the site; of building roads to the site; etc.

To obtain this work, the Debtor submitted its prices to operators of the proposed wells. If the Debtor’s bid was accepted, the Debtor then performed the work under…