United States Tenth Circuit

Under N.M. Stat. Ann. 7-29-4A(6), working interest owners may not reallocate to royalty interest owners that portion of the state severance tax attributable to the increased value of the post-settlement CO2 royalty payments.

Appellate Information

• Decided 03/20/2001
• Published 03/20/2001

Judges

• BRORBY, Circuit Judge., Before BRORBY, ANDERSON and LUCERO, Circuit Judges.

Court

• United States Tenth Circuit

Counsel

• For Appellees:
  
• Thomas A. Graves (D. Russell Moore of Keleher & McLeod, P.A., Albuquerque, NM;  Charles W. Cunningham and Gary Cruciani of McKool Smith, P.C., Dallas, TX, with him on the brief) of Figari Davenport & Graves, L.L.P., Dallas, TX, for Plaintiffs-Appellees., Harold L. Hensley, Jr. (for Exxon Company U.S.A.) (John Cooney and Chris Muirhead of Modrall, Sperling, Roehl, Harris & Sisk, P.A., Albuquerque, NM, for Amoco Production Company;  Harrell Feldt and Richard H. Page of Vinson & Elkins, L.L.P., Houston, TX, for Amerada Hess Corporation and Shell Western E & P, Inc., with him on the briefs) of Hinkle, Cox, Eaton, Coffield & Hensley, Roswell, NM, for Defendants-Appellants.