2003 Downstream Oil 
The Energy Law
MARCH 31, 2021
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., Randle , affirming in part and reversing in part the lower court’s ruling. 19-0459, 2021 WL 936175 (Tex.
The Energy Law
MARCH 31, 2021
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., Randle , affirming in part and reversing in part the lower court’s ruling. 19-0459, 2021 WL 936175 (Tex.
The Energy Law
MARCH 31, 2021
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., Randle , affirming in part and reversing in part the lower court’s ruling. 19-0459, 2021 WL 936175 (Tex.
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