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APACHE DEEPWATER v. McDANIEL PARTNERS

NO. 14-0546.

485 S.W.3d 900 (2016)

APACHE DEEPWATER, LLC, Petitioner, v. McDANIEL PARTNERS, LTD., Respondent.

Supreme Court of Texas.

Opinion delivered: February 26, 2016.

Rehearing Denied May 6, 2016.

Attorney(s) appearing for the Case

Bruce M. Kramer , McGinnis Lochridge , Houston, LaDawn H. Conway , Alexander Dubose Jefferson & Townsend LLP, Dallas, Rachel Anne Ekery , Alexander Dubose Jefferson & Townsend LLP, Austin, Max E. Wright , Hinkle, Hensley, Shanor & Martin, L.L.P., Midland, Roger D. Townsend , Alexander Dubose Jefferson & Townsend LLP, Houston, for Petitioner.

Barry F. Cannaday , Dentons US LLP, Dallas, Deborah G. Hankinson , Rebecca Adams Cavner , William Richard Thompson II , Hankinson LLP, Dallas, for Respondent.

Nancy Hahn Elliott , Thomas A. Zabel , Zabel* Freeman , Houston, for Amicus Curiae.

At issue in this case is how to calculate a production payment reserved in the assignment of four oil and gas leaseholds. The four leases were assigned in one instrument. After two of the leases terminated, a dispute arose over the production payment's calculation. The payor asserted the production...

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