Apache Gets $80.4M Jury Award Knocked Down To $13.5M
By Michelle Casady (May 11, 2021, 5:18 PM EDT) -- A jury's $80.4 million award against Apache Corp. in a dispute over the construction of a Louisiana gas well and processing facility was knocked down to about $13.5 million Tuesday when a Texas appellate court partially sided with Apache.
The Fourteenth Court of Appeals in Houston trimmed the award in favor of Castex Offshore Inc. after holding that it failed to prove Apache engaged in "willful misconduct" as it related to the drilling of the well. It upheld the damages connected to the jury's finding that there had been "willful misconduct" regarding the construction of the processing facility.
The jury verdict had...
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