Bales v. Delhi-Taylor Oil Corporation

BARROW, Justice.

This suit was brought by appellants, M. K. Bales and other landowners, to terminate certain oil, gas and mineral leases on land in the Bales Gas Unit for the alleged failure of lessees to produce oil or gas in paying quantities after expiration of the primary terms of the leases. Appellees are Delhi-Taylor Oil Corporation and Mayfair Minerals, Inc., each being the owner of an undivided one-half interest in the leases. Judgment was rendered in favor of appel-lees based upon favorable findings by the jury.

The jury found substantially as follows: (1) a reasonably prudent operator…