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Garman v. Conoco, Inc.

Colorado Supreme Court

886 P.2d 652 (Colo. 1994)

Relevant factsFree

The Garmans (plaintiffs) assigned oil and gas leases to Conoco (defendant) subject to an overriding royalty interest; the lease didn't specify who bore the costs of processing, transporting, and compressing raw gas into a marketable product. Conoco deducted these post-production costs from the Garmans' royalty payments for years, prompting the Garmans to sue for a declaratory judgment and accounting; the federal district court certified the underlying cost-allocation question to the Colorado Supreme Court.

IssueFree

Whether the owner of an overriding royalty interest in gas production must bear a proportionate share of post-production costs required to transform raw gas into a marketable product when the lease is silent on the issue.

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