The U.S. 5th Circuit Court of Appeals recently dismissed a royalty dispute following an opinion by the Texas Supreme Court. The contentious issue revolved around whether postproduction costs should be deducted, even when the usage of these costs occurred off the lease. The Texas Supreme Court’s answer affirmed that the lease required such deductions, thereby resolving the disagreement.
For more detailed information on this legal decision, you can refer to the original coverage provided by FeedBlitz.