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· 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 CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.