Ulibarri v. Southland Royalty Company, LLC

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW MEXICO GERALD ULIBARRI and WHITE RIVER ROYALTIES, LLC, Plaintiffs, v. No: 1:16-cv-215-RB-JHR SOUTHLAND ROYALTY COMPANY, LLC, Defendant. MEMORANDUM OPINION AND ORDER The parties’ cross-motions for summary judgment in this oil and gas royalty dispute center on a question of contract interpretation—does the phrase “the proceeds of the gas, as such” in a lease provision require royalty payments to be calculated on the value of natural gas when it first emerges from the wellhead? If so, Plaintiffs likely cannot sustain their claims that…