In my latest article on Producer’s Edge, I explore the Texas Supreme Court’s recent decision in Myers-Woodward v. USM, which discusses two significant issues: the ownership of subsurface caverns and the method of calculating royalties on salt.
The Court’s approach offers insight into what it refers to as “bright-line” rules versus the its contract-specific analysis, and how the two may intersect.
Who Owns the Empty Space? Texas Supreme Court Affirms Surface Ownership of Salt Caverns in Landmark Ruling
Who owns the void left behind after millions of tons of salt are mined - and can it be used for someone else’s storage business? The Texas Supreme Court just drew the line.
Austin Brister
