Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Tana Oil and Gas Corp. v. Cernosek, 188 S.W.3d 354 (Tex. App.—Austin 2006, pet. denied), is a class action royalty accounting case on processed gas brought by lessors against their […]
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Blackmon v. XTO Energy, Inc., 276 S.W.3d 600 (Tex. App.—Waco 2008, no pet.) examines the definition of “production in paying quantities” (“PPQ”) and determines the appropriate remedy for a lessee’s […]
Richard F. Brown The following is not a legal opinion. You should consult your attorney if the case may be of significance to you. Potts v. Chesapeake Exploration, L.L.C. held that the net-back method should be used to determine market value at the point of sale when there are no comparable sales made […]
