Gray v. Amoco Production Company

Rees, J.:

This action is another round in litigation involving oil and gas royalty owners and producers in the Hugoton-Anadarko area. Plaintiff royalty owners seek interest on royalties held in “suspense” by their producer after it sold gas but before the sale prices were finally determined by the Federal Power Commission. The trial court awarded interest. Defendant producer has appealed from the award. Plaintiffs have appealed from the amount of the award arguing it was insufficient.

The Hugoton-Anadarko area is a rate-making area within the jurisdiction of the Federal Power Commission…