by Mark Rodriguez, Justin Marlles, and Tifani Jones
Oil and gas royalty class actions often consist of thousands of interest owners covering hundreds, if not thousands, of wells and leases. Typical claims include highly technical claims such as failure to develop oil and gas reserves and improper deduction of post-production costs. Given the complexity all of this creates, parties to royalty class actions spend significant time and resources negotiating acceptable settlement terms that cover the thousands of owners in the class and that address the claims and issues in the case. The work, however, is not over once the settlement is inked. In many ways, the work is only beginning.
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