Texas Justices Hear Murphy Satisfied Offset Well Requirement

Law360, Houston (December 5, 2017, 10:03 PM EST) -- Counsel for a Murphy Oil Corp. subsidiary told the Texas Supreme Court in oral arguments Tuesday that an “offset well” clause in a pair of Eagle Ford Shale leases only required it to drill a test well, not to protect the oil and gas underlying the property in question from drainage.

The court granted review to Murphy Exploration & Production Co. USA, which is aiming to overturn a Fourth Court of Appeals ruling from June 2016 that revived claims the company breached a lease covering two...
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