Remove 2003 Remove Downstream Remove Education
article thumbnail

Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s

The Energy Law

By way of background, the lessor royalty owners originally entered into a form lease agreement in 2003; the lease provided that royalty payments were based on “the market value at the well.” Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex.

Royalty 52
article thumbnail

Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions

The Energy Law

By way of background, the lessor royalty owners originally entered into a form lease agreement in 2003; the lease provided that royalty payments were based on “the market value at the well.” Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex.

Royalty 52
article thumbnail

Texas Supreme Court Update: The Court Decides Issue of First Impression Related to the Scope of an Oil and Gas Lease’s Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions

The Energy Law

By way of background, the lessor royalty owners originally entered into a form lease agreement in 2003; the lease provided that royalty payments were based on “the market value at the well.” Burlington Resources Oil & Gas Co., Texas Crude Energy LLC , 573 S.W.3d 3d 198, 211 (Tex.

Royalty 40