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FIRST NAT. BANK IN WEATHERFORD v. EXXON CORP.

No. B-9483.

622 S.W.2d 80 (1981)

FIRST NATIONAL BANK IN WEATHERFORD, TEXAS, Petitioner, v. EXXON CORPORATION et al., Respondents.

Supreme Court of Texas.

Rehearing Denied October 28, 1981.

Attorney(s) appearing for the Case

Day, Day & McGee, Joe Day, Jr., Marshall Day and Bruce W. McGee, Fort Worth, Sanders, Sauders, Brian, Finney, Thomas & Smith, Ronald D. Nickum, Amarillo, for petitioner.

Baker & Botts, Frank G. Harmon and Stephen Hackerman, Morgan L. Copeland, Houston, for respondents.

GREENHILL, Chief Justice.

This is a suit to recover allegedly deficient royalty payments. The question presented is whether gas sales in the intrastate market constitute comparable sales for the purpose of determining the value of gas dedicated to the interstate market. The trial court held that the two were not comparable, and a majority of the Court of Civil Appeals agreed. 597 S.W.2d 783. Considering, among other things, that...

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