imageUsing a fraction of a fraction instead of a percentage can cost an oil and gas fortune.

The lesson came in Hyshaw v. Dawkins, No. 14-0984 (Tex. Jan. 29, 2016), a fight over a 69 year-old will. It shows what a mess can result from the fondness of oil and gas people for a particular kind of fraction — the sort with an eight in the denominator.
Continue Reading Oil and Gas + Fractions Equal a Mess

The Hottest Oil & Gas Claims for 2015.001Short-payment of royalties – when do post-production costs cross the line into unreasonableness?

This next-to-last entry in Blawgletter's seven-part series on the hottest oil & gas claims for returns to the theme of royalty owners who receive less than they believe the lease entitles them to. Part 6 addresses what happens when the operator deducts