· 6/21/2000
Creson v. Amoco Production Co.
Citations
- 10 P.3d 853
- 129 N.M. 529
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- noting that plaintiffs did not dispute the type of cost deducted or whether the costs were not the actual costs or were inflated; plaintiffs conceded the carbon dioxide gas was marketable at the wellhead
- royalty based on \net proceeds” at the well allows for deduction of \post-production, value-enhancing costs”
- post-production costs are those associated with transporting the gas, expenses of compressing gas so that it can be delivered into a pipeline and other “costs incurred in adding value to the well-head product”
- marketability goes to issue of compliance with royalty obligations
Source: CourtListener parenthetical corpus (CC0).
Judges: Apodaca, Bosson, Armijo
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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