BP Cheated Mineral Owners According to Suit

By | May 7, 2019

The Litigation seeks damages for Defendant’s alleged underpayment of royalties to the royalty owners in the Class described above on Oklahoma wells where Defendant (or a predecessor or affiliate of Defendant) is or was the operator or, as a non-operator, Defendant (or a predecessor or affiliate of Defendant) separately marketed gas.
Plaintiff John Cecil (“Plaintiff”) alleges that BP America breached an implied covenant to market, breached the underlying leases, breached an alleged fiduciary duty, violated RICO, and committed fraud with respect to royalty payments for gas and its constituents (including helium, residue gas, natural gas liquids, nitrogen and condensate).

 

From information page on the Cecil Settlement with BP.