Co-author Rusty Tucker
Jatex Oil & Gas, L.P. v. Nadel & Gussman Permian, L.L.C. presents several teachable moments:
- The Texas Property Owner Rule does not allow a non-expert to testify on matters requiring expert testimony.
- The operator may pay proceeds from a well to the lender to whom the working interest owner made a collateral assignment of net revenues from the well.
- A claim for failure to act as a reasonbly prudent operator for failing to comply with an operating agreement is a contract claim, not a tort claim.
Continue Reading Lessons from an Operating Agreement Dispute