Company Failed To Properly Address Costs In Fracking Contract, Panel Rules

(April 9, 2020, 4:08 PM EDT) -- DALLAS — An appeals panel in Texas on March 31 affirmed a lower court’s ruling and held that an oilfield services company breached its contract with a hydraulic fracturing operator when it failed to properly address the offset for the fixed costs of services under the agreement (Cudd Pressure Control Inc., et al. v. EXCO Resources Inc., et al., No. 05-16-1518, Texas App., 5th Dist.)....