proportionate reduction

Co-author Chance Decker

How many times must an operator suffer for a mistake in a unit declaration? Samson Exploration LLC v. T. S. Reed Properties Inc. makes it twice. (See Hooks v. Samson Lone Star for the first round). The Texas Supreme Court ruled that a lessee could not avoid a contractual obligation to pay royalties from a zone shared by two pooled units.
Continue Reading Unit Operator Pays For a Problem of its Own Making

First, an admission and a regret:  My June 6 post missed the 69th anniversary of an episode as significant as any in our country’s history: D-Day.  I think I know why.  As time passes and the participants in that venture become fewer, there aren’t as many left to tell the story, the celebrations dwindle, and