US EditionAnother Look at Recent Rulings by WV Supremes re Royalty Deductions - Marcellus Drilling News
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Another Look at Recent Rulings by WV Supremes re Royalty Deductions - Marcellus Drilling News
The West Virginia Supreme Court recently issued two 3-2 decisions reinforcing that oil and gas producers generally cannot deduct post-production costs from royalty payments to mineral owners unless lease agreements explicitly permit such deductions. We previously reported on both decisions. On June 6, the Supremes ruled in Kaess v. BB Land LLC on “in-kind” royalty...
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