Oil and Gas Lease Royalty Clause

Whether or not the operator of an oil and gas well can deduct post-production costs (“PPC”) can significantly impact the economics of a well for both an operator and a royalty owner.  In BlueStone Natural Resources II, LLC v. Randle, — S.W.3d —-, 2020 WL 936175, 64 Tex. Sup. Ct. J. 450 (Tex.