Oil & Gas Lawyers: Royalty Owners Can Win Against E&P Operators
Attorneys representing royalty owners in the explosion of litigation against energy companies are encouraged by a recent Texas Supreme Court ruling that interpreted a drilling lease as clearly excluding post-production costs from royalties. In a closely watched lease dispute, a sharply divided court agreed with the family that Chesapeake entities had improperly deducted post-production costs from royalties paid on gas wells located on 948 mineral acres in the Barnett Shale.