BP AMERICA PRODUCTION CO. v. LADDEX, LTD.

No. 15-0248.

513 S.W.3d 476 (2017)

BP AMERICA PRODUCTION COMPANY, Petitioner, v. LADDEX, LTD., Respondent.

Supreme Court of Texas.

OPINION DELIVERED: March 3, 2017.


Attorney(s) appearing for the Case

Alfonso Antroy Arreola , Delilah Banks , Locke Lord LLP, James Russell Leahy , Greenberg Traurig LLP, Houston, Charles R. `Skip' Watson Jr. , Davis, Garald & Cremer, PC, Mike A. Hatchell , Susan A. Kidwell , Locke Lord LLP, Austin, Conrad D. Hester , Robert C. Vartabedian , Thompson & Knight, LLP, Fort Worth, John Ben Blanchard , Brown & Fortunato, P.C., Amarillo, for Petitioner.

Brian W. Farabough , Joe L. Lovell , Lovell Lovell Newsom & Isern, L.L.P., John T. Smithee , Templeton, Smithee, Hayes Heinrich & Russell, LLP, Ronald D. Nickum , Attorney at Law, Amarillo, for Respondent.


In this oil-and-gas case, we are asked to apply the rule against perpetuities to a top lease and to review the trial court's judgment terminating a bottom lease based on jury findings that the lease failed to produce in paying quantities over a specified period. The court of appeals held that...

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