Joint Interest Billing (JIB) Disputes
Arch DW Reagan 2021 LP & AIP DW Reagan, LP v Kimmeridge Texas Gas, LLC, in the 14th Judicial District Court, Dallas County, Texas
Represented operator in joint operating agreement lawsuit with non-operator. Non-operator alleged that operator breached the operating agreement after wells were damaged by offset completions. Filed counterclaim for unpaid joint interest billings related to workovers. The case settled on confidential terms.
Type of Case: Subsurface Trespass Disputes, JOA Disputes, JIB Disputes
Confidential Arbitration, in the American Arbitration Association
Represented oil and gas company in arbitration against major oil and gas operator related to the purchase of shale assets and associated joint interest billings (JIBs). Sought more than $30 million related to monies owed under a Purchase and Sale Agreement (PSA) and related Transition Services Agreement (TSA). Settled case in exchange for substantial payment in client’s favor.
Type of Case: JIB Disputes, PSA Disputes, Energy Arbitrations
Atlas Operating, in the 281st Judicial District Court, Harris County, Texas
Represented Atlas Operating in lawsuit against non-operator seeking to take over as operator under a JOA governing wells in the Eagle Ford Shale. Filed, argued, and secured temporary injunction barring non-operator from proceeding before Texas Railroad Commission in effort to remove Atlas Operating as operator. Case settled on confidential terms following the Court’s issuing of the injunction.
Type of Case: JIB Disputes, JOA Disputes
Confidential Joint Interest Billing Dispute
Represented a major oil and gas company in a lawsuit to recover unpaid JIBs from non-operators on a large set of oil and gas wells in East Texas. Following limited discovery and before a summary judgment hearing, secured a settlement for 100% of the monies owed, plus interest and attorneys’ fees.
Type of Case: JIB Disputes