Supreme Court of Texas hears dispute over whether deed phrase 'free of cost forever' bars post‑production charges At oral argument in Faskin Oil v. Queen, counsel and justices debated whether a deed clause stating royalties are "free of cost forever" prevents the deduction of downstream processing and delivery costs, with parties disputing how precedent and contract context should control valuation and burden of proof.

The Texas Supreme Court is set to decide if the phrase "free of cost forever" in oil deeds truly protects royalty owners from hefty post-production expenses.

Learn more here

#TX #ContractInterpretation #TexasOil #CitizenPortal #LegalPrecedent #RoyaltyAccounting