24-1033 Fasken Oil v. Puig
Автор: Supreme Court of Texas
Загружено: 2026-03-03
Просмотров: 230
Описание:
24-1033 Fasken Oil v. Puig
from Webb County and the Fourth Court of Appeals
In this case, the parties dispute the method for calculating the value of oil and gas minerals upon which to pay a royalty. The royalty reserves “an undivided one-sixteenth (1/16) of all the oil, gas and other minerals, except coal, in, to and under or that may be produced from the above described acreage, to be paid or delivered to Grantor, B.A. Puig, Jr., as his own property free of cost forever.” Fasken operates wells on the relevant leaseholds. In paying the royalty owed, Fasken deducted costs incurred after production to arrive at the market value of the minerals produced at the wellhead.
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