Law360, Dallas (August 31, 2012, 6:52 PM ET) -- The Supreme Court of Texas ruled Friday that revisions to a standard form used in oil and gas drilling agreements expanded the protection of an exculpatory clause, meaning an oil and gas operator cannot be found in breach without gross negligence or willful misconduct.
In a unanimous decision, the court reversed an appeals court ruling that held operator Wendell Reeder liable for not maintaining certain wells. The court said the appeals panel used the wrong standard to evaluate Reeder's fault in a case brought by energy...
Contract Shields Well Operator From Breach Claim: Texas Court
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