Legal Opinion
Butler v. Exxon Corporation
Court of Appeals of Texas
Decided November 16, 1977No. 6644PublishedCited by 15 opinions
1Opinion of the Court
OPINION
OSBORN, Justice.
This case involves the question of whether or not additional royalties are due to the lessors under gas royalty provisions of four oil and gas leases which were executed in 1966. The trial Court denied any additional recovery. We affirm in part and in part reverse and remand.
The basic dispute results from the fact that the price of natural gas in the intrastate market in Texas rapidly escalated from the time the gas discovered under these leases was sold for less than 20<p per mcf in 1970 to over $2.00 per mcf by early 1975. Relying primarily upon Texas Oil & Gas…
2Cases cited11 opinions
- Benge v. ScharbauerTexas Supreme Court · 1953
- Reynolds v. McMan Oil & Gas Co.Texas Commission of Appeals · 1928
- Texas Oil & Gas Corporation v. VelaTexas Supreme Court · 1968
- Southland Royalty Co. v. Pan American Petroleum Corp.Texas Supreme Court · 1964
- J. M. Huber Corporation v. William Harvey Denman and Jay Pumphrey, Trustees of the Estate of S. B. Burnett, DeceasedCourt of Appeals for the Fifth Circuit · 1966
6 more not listed; retrieve them via the Exa API.
3Cited by15 opinions
- Exxon Corp. v. MiddletonTexas Supreme Court · 1981
- Tara Petroleum Corp. v. HugheySupreme Court of Oklahoma · 1981
- Amoco Production Co. v. First Baptist Church of PyoteCourt of Appeals of Texas · 1979
- Piney Woods Country Life School v. Shell Oil Co.Court of Appeals for the Fifth Circuit · 1984
- Montana Power Co. v. KravikMontana Supreme Court · 1978
10 more not listed; retrieve them via the Exa API.