4th Circ. Royalty Ruling A Win For W.Va. Gas Producers

By Lauren Varnado and David Dehoney (January 5, 2021, 4:24 PM EST) -- On Dec. 1, 2020, the U.S. Court of Appeals for the Fourth Circuit issued its decision in Young v. Equinor USA Onshore Properties Inc., ruling for the first time on the deductibility of post-production costs in calculating gas royalties at the wellhead under West Virginia law....

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