Chesapeake Must Pay BP $22M For Well Title Defects

Law360, Los Angeles (April 5, 2013, 4:57 PM EDT) -- An Oklahoma federal judge said Friday that Chesapeake Exploration LLC owed $22 million to BP America Production Co. for title defects on wells it sold to BP, ruling the amount BP could collect was not limited by an earlier arbitration decision.

The order brings an end to Chesapeake's lawsuit over a cluster of title disputes, including title defects, title benefits and credits due, connected to its $1.75 billion sale of Oklahoma oil and gas properties to BP in 2008. Chesapeake sued BP in 2010 hoping to enforce an arbitration panel's $11.5 million award as-is and dismiss BP's claims that it was...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Attached Documents

Related Sections

Case Information

Case Title

Subscribers Only

Case Number

Subscribers Only


Subscribers Only

Nature of Suit

Subscribers Only


Subscribers Only

Date Filed

Subscribers Only

Law Firms


Judge Analytics