Energy Exploration and Production
When ordinary people permit companies to extract oil or gas from under their land, it’s difficult for them to know if they’re being paid fairly or not. This class action bring suit against Exxon Mobil Corporation, ExxonMobil Oil Corporation, and XTO Energy, Inc. for the “actual, knowing, and willful underpayment or non-payment of royalties on gas from wells through improper accounting measures … and by failing to account for and pay royalties on gas used off the lease…”
This class action takes on Southland Royalty Company, LLC on the subject of royalties for some 300 gas leases in which it has an interest. The complaint alleges that Southland permits third-party operators to work its leases and that these third-party operators do not pay the full amount of what is owed in royalties. The complaint claims that Southland is ultimately responsible for the payments.
This class action concerns the nonpayment and late payment of oil and gas royalties. The complaint alleges that FourPoint Energy, LLC uses improper accounting methods, including taking improper deductions, that it does not account for or pay all royalties from wells, and that it does not pay the required interest when it makes late payments.
This class action concerns royalties on the wells of Camino Natural Resources, LLC. The complaint alleges “knowing and willful underpayment or non-payment of royalties and oil-and-gas proceeds from wells through improper accounting methods…”
Ordinary landowners sometimes lease their land to companies that extract oil, gas, or minerals from it. Unfortunately, these lessors do not have much insight into the records or billing processes of the extraction companies involved. The complaint for this class action alleges that XTO Energy, Inc. makes improper deductions from the natural gas royalties it owes to landowners in the Fayetteville Shale area of Arkansas.
This settlement resolves a class action against Spess Oil Company, Equal Energy US, Inc., and Fairfield Oil & Gas Corporation and residents of a certain area of Oklahoma. The complaint alleged that the companies’ wastewater disposal wells contributed to causing earthquakes near Prague, Oklahoma during the class period. The earthquakes caused property damage to buildings in the area.
Are fracking companies responsible for certain earthquakes? The complaint for this class action names the fracking companies Eagle Road Oil, LLC, Cummings Oil Company, Territory Resources, LLC, Enervest Operating, LLC, Petro Warrior, LLC, Petroquest Energy, LLC, and Trinity Operating (USG), LLC as being responsible for a series of earthquakes in Pawnee, Oklahoma and therefore for damage and value losses to property.
It’s often difficult for those who lease rights to gas and oil companies to know what’s being taken out of their land, what is done to it, and how much they should be paid for the final product. The complaint for this class action claims that OXY USA, Inc. is underpaying royalties to the plaintiff.
When a larger party owes payments to a much smaller party—one with fewer resources and less power—it is easy for the larger party to delay or manipulate those payments. Oklahoma law has attempted to provide some protection to holders of oil and gas leases in mandating that interest be added to untimely payments. The complaint for this class action claims that DCP Operating Company and/or DCP Midstream, LP have not paid the mandatory interest on delayed payments.
When you enter into a lease involving mineral rights on your land, how do you know how much money is due to you from the extracted oil and gas? Are you responsible to bear some of the costs of extraction or transportation? What evidence do you receive as to the amount of these costs? The complaint for this class action takes issue with EQT Production Company’s and Stone Energy Corporation’s figuring of costs deducted from royalties due on oil and gas leases on private land.