Split Texas High Court Favors Landowners In Fracking Royalty Contract Dispute

Mealey's (March 13, 2023, 9:37 AM EDT) -- AUSTIN, Texas — A divided Texas Supreme Court on March 10 affirmed a lower court’s ruling in favor of landowners in a hydraulic fracturing royalty dispute, holding that the “broad lease language” of the agreement between the parties “unambiguously contemplates” a royalty base that may exceed gross proceeds....