Legal Opinion

First City National Bank of Midland v. Concord Oil Co.

Texas Court of Appeals, 8th District (El Paso)

Decided March 13, 1991No. 08-90-00233-CVPublishedCited by 63 opinions

1Opinion of the Court

OPINION

KOEHLER, Justice.

In a case involving the interpretation of an assignment of two oil and gas leases which called for the termination of production payments when at a time in the future “there remains unproduced 10% of the commercially recoverable liquid and gaseous hydrocarbons in and under such tract[,]” the court held that the payments were to terminate when oil production produced after July 1, 1974 from the two leases eq-ualled 84,366 barrels and 246,031.2 barrels, respectively. The court also awarded attorney’s fees to Appellants. All parties appeal. We affirm.

Appellants, First…

2Cases cited16 opinions

  1. Coker v. CokerTexas Supreme Court · 1983
  2. Sun Oil Co. (Delaware) v. MadeleyTexas Supreme Court · 1981
  3. John Chezik Buick Co. v. Friendly Chevrolet Co., Texas Court of Appeals, 5th District (Dallas)1988
  4. District Judges of Collin County v. Commissioners Court of Collin County, Texas Court of Appeals, 5th District (Dallas)1984
  5. KMI Continental Offshore Production Co. v. ACF Petroleum Co., Texas Court of Appeals, 1st District (Houston)1988

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

3Cited by63 opinions

  1. First State Bank v. KeilmanCourt of Appeals of Texas · 1993
  2. Abraxas Petroleum Corp. v. Hornburg, Texas Court of Appeals, 8th District (El Paso)2000
  3. Hill v. Heritage Resources, Inc., Texas Court of Appeals, 8th District (El Paso)1998
  4. Pegasus Energy Group, Inc. v. Cheyenne Petroleum Co., Texas Court of Appeals, 13th District1999
  5. Save Our Springs Alliance, Inc. v. Lazy Nine Municipal Utility District Ex Rel. Board of Directors, Texas Court of Appeals, 6th District (Texarkana)2006

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

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API