Stable Energy, L.P. v. Kachina Oil & Gas, Inc.

KIDD, Justice.

Appellants, Anchor Operating Company and Stable Energy, L.P. (collectively “Stable”) seek the reversal of a final judgment entered in favor of appellees (collectively “Kachina”) regarding the ownership interests and rightful operator of an oil and gas well in Fayette County. Because we conclude that Stable failed to prove it acquired a majority interest in the well, we will affirm the district court judgment.

THE CONTROVERSY

This case involves a dispute over the ownership and operation of the Triangle K No. 1 Well in Fayette County (“the well”). In 1980, the original owners of the…