Split Texas High Court Says Company Failed To Make Fair Offer On Forced Pooling

Mealey's ( July 11, 2024, 8:25 AM EDT) -- AUSTIN, Texas — In a split decision, the Texas Supreme Court ruled that the Texas Railroad Commission’s (RRC) conclusion that an oil and gas company failed to make a fair and reasonable offer to voluntarily pool mineral resources was “reasonable.”  The dissenting justices said the company did in fact make a fair offer....