Phillips Petroleum Co. v. Oklahoma Tax Commission

OPINION

BAILEY, Presiding Judge:

The Oklahoma Tax Commission (Commission) seeks review of an order of the Trial Court granting partial summary judgment to Phillips Petroleum Company, Union Pacific Resources Company, TXO Production Corporation, Koch Industries, Inc., and Citgo Petroleum Corporation (collectively, Holders) in Holders’ declaratory judgment action. In the counter-appeal, Holders seek review of the order of the Trial Court granting partial summary judgment to Commission disposing of all remaining issues.

Holders are oil and gas companies, and in the ordinary course of business retain…