Colorado Interstate Gas Co., a Delaware Corporation v. Hufo Oils, a Partnership

PATRICK E. HIGGINBOTHAM, Circuit Judge:

Hufo Oils appeals a summary judgment declaring that “white oil” or “natural gasoline” extracted from natural gas may not be used to adjust the ratio of oil to gas in a well in order to classify it as an oil well under an operating agreement governed by Texas statute. We affirm.

I

This case involves gas and oil rights on acreage in the Texas Panhandle Field that have been divided and leased respectively to Colorado Interstate Gas and Hufo Oils. Although numerous issues are raised in this appeal, they all revolve around Colorado Interstate’s concern that…