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Title | Oil and Gas Law Digest – No. 1 Source for In-house Oil and Gas Attorneys and |
Description | Miscellaneous Case About the Digest McGinnis Lochridge Contact Alert Subscription ✉ 25 Jun Miscellaneous Case Updates Posted by: Austin Brister in Case Law Update Seeligson |
Keywords | N/A |
WebSite | oilandgaslawdigest.com |
Host IP | 45.40.151.233 |
Location | United States |
Site | Rank |
US$2,312,069
Last updated: 2023-05-12 19:09:07
oilandgaslawdigest.com has Semrush global rank of 4,577,850. oilandgaslawdigest.com has an estimated worth of US$ 2,312,069, based on its estimated Ads revenue. oilandgaslawdigest.com receives approximately 266,778 unique visitors each day. Its web server is located in United States, with IP address 45.40.151.233. According to SiteAdvisor, oilandgaslawdigest.com is safe to visit. |
Purchase/Sale Value | US$2,312,069 |
Daily Ads Revenue | US$2,135 |
Monthly Ads Revenue | US$64,027 |
Yearly Ads Revenue | US$768,319 |
Daily Unique Visitors | 17,786 |
Note: All traffic and earnings values are estimates. |
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About the Digest McGinnis Lochridge Contact Alert Subscription ✉ 25 Jun Miscellaneous Case Updates Posted by: Austin Brister in Case Law Update Seeligson v. Devon Energy : Gas Processing Fee Class Certified Seeligson v. Devon Energy Prod. Co., L.P., Civil Action No. 3:16-CV-00082-K, 2020 U.S. Dist. LEXIS 23166 (N.D. Tex. 2020). In this royalty class action case, the class plaintiffs alleged that DEPCO improperly passed a 17.5% “gas processing fee” on to all class members by reducing their royalty payments by 17.5% thereby breaching the duty to market. In certifying the class, the court reasoned that because the gas is bought and sold under one contract and determining the rate a reasonably prudent operator would have received (“RPO Rate”) did not require proof of other sales, determining the RPO rate was subject to generalized proof and applicable to the class as a whole. The court also noted that the entire class was comprised of proceeds leases, making it distinguishable from the |
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