Legal Opinion

Hemus & Co. v. Hawkins

District Court, S.D. Texas

Decided June 20, 1978No. Civ. A. 75-H-1832PublishedCited by 9 opinions

1Opinion of the Court

MEMORANDUM OPINION

COWAN, District Judge.

Issue

The key issue in this case is: What sales are properly considered comparable in de termining the “market value” of gas dedicated to interstate commerce?

Facts

Plaintiffs are owners of a non-participating royalty interest in a 96-acre tract in the Leggett Field in Polk County, Texas. The lease creating plaintiffs’ royalty interest was entered in 1961 and plaintiffs’ acquired their non-participating royalty interest in 1973.

On December 10, 1973, Mitchell Energy Corporation (hereinafter “Mitchell”), North Central Oil Corporation (hereinafter “North…

2Cases cited14 opinions

  1. Louisville & Nashville Railroad v. MottleySupreme Court of the United States · 1911
  2. Phillips Petroleum Co. v. WisconsinSupreme Court of the United States · 1954
  3. Atlantic Refining Co. v. Public Service CommissionSupreme Court of the United States · 1959
  4. Texas Oil & Gas Corporation v. VelaTexas Supreme Court · 1968
  5. E. I. Du Pont De Nemours & Co. v. CollinsSupreme Court of the United States · 1977

9 more not listed; retrieve them via the Exa API.

3Cited by9 opinions

  1. Piney Woods Country Life School v. Shell Oil Co.District Court, S.D. Mississippi · 1982
  2. Kingery v. Continental Oil Co.Court of Appeals for the Fifth Circuit · 1980
  3. Brent v. Natural Gas Pipeline Co. of AmericaDistrict Court, N.D. Texas · 1978
  4. Sowell v. Natural Gas Pipeline Co. of AmericaDistrict Court, N.D. Texas · 1985
  5. Domatti v. Exxon Corp.District Court, W.D. Louisiana · 1980

4 more not listed; retrieve them via the Exa API.

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