Like most commercial litigation, oil and gas disputes that end up at the courthouse are expensive. They usually end in a settlement that both sides would have considered unsatisfactory at the outset of the case. Most in-house counsel despise litigation, hope to avoid it, and prefer to limit their interactions with outside litigation counsel to exchanging holiday cards.
Much of the recent oil and gas litigation filed in Texas has concerned issues relating to lease negotiation, interpretation and enforcement. By following these five suggestions, in-house counsel may be able to shrink their litigation budgets by avoiding these all-too-common disputes.
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