Pumping-oil Texas Supreme Court Grants Review on ConocoPhillips Royalty Lease Dispute
Respondent's attorney Clinton Twaddell III argues that if Conoco's position prevails "thousands of deals in place" would be rewritten, "and instigate a stampede of lawsuits."
June 24, 2024 at 04:00 PM
3 minute read
Energy and Natural Resources
What You Need to Know
- The Texas Supreme Court will hear a ConocoPhillips lease dispute the respondent claims, should Conoco prevail, would upend thousands of existing deals.
- Conoco claims the mineral rights owner agreed to a lesser royalty, but the Corpus Christi Court of Appeals disagreed.
The Texas Supreme Court agreed to hear a ConocoPhillips oil and gas lease dispute that the mineral rights owner claim, should the energy company prevail, would upend thousands of deals.
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