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HEMUS & CO. v. HAWKINS

Civ. A. No. 75-H-1832.

452 F.Supp. 861 (1978)

HEMUS & COMPANY, Kenneth W. Cory, and Paul Barenkamp, Plaintiffs, v. Frank HAWKINS, Inexco Oil Company and Natural Gas Pipeline Company of America, Defendants.

United States District Court, S. D. Texas, Houston Division.

June 20, 1978.

Attorney(s) appearing for the Case

Ronald G. Byrnes, Houston, Tex., Thomas M. Reavley, Austin, Tex., for plaintiffs.

Dennis M. Dylewski, Houston, Tex., for defendants.

MEMORANDUM OPINION

COWAN, District Judge.

Issue

The key issue in this case is: What sales are properly considered comparable in determining the "market value" of gas dedicated to interstate commerce?

Facts

Plaintiffs are owners of a non-participating royalty interest in a 96-acre tract in the Leggett Field in Polk County, Texas. The lease creating plaintiffs' royalty...

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