We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Texas Supreme Court Takes Up Chesapeake Gas Royalty Feud

Law360, New Orleans (January 30, 2015, 9:18 PM EST) -- The Texas Supreme Court on Friday agreed to hear a case over whether gas post-production costs may be deducted from royalties, in a lawsuit against Chesapeake Exploration LLC for allegedly underpaying royalties to a landowner’s estate.

In March the Fourth Court of Appeals affirmed a $1 million trial verdict for the lease owners, who claimed their contract barred Chesapeake from deducting post-production costs and expenses. Siding with the estate of Elton M. Hyder, the appellate court said that while overriding royalties are normally subject to post-production...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.