News about Petrochemical Company | Southeast Texas Record

Petrochemical Company

Houston, TX 77002-8418

$24M settlement finalized for royalty owners in Talisman Energy USA class action, Provost Umphrey represents plaintiffs

By David Yates | Tuesday, Jul 6, 2021 @ 1:42pm

HOUSTON — A federal judge has signed an order distributing over $24 million to royalty owners and the lawyers that represented them in a six-year battle over improperly paid oil and gas royalties.
Federal judge affirms $24M settlement for royalty owners in Talisman Energy USA suit, Provost Umphrey represents plaintiffs

By David Yates | Tuesday, May 18, 2021 @ 11:06am

HOUSTON — A federal judge has approved a class action settlement, including $24.4 million in a cash fund to resolve litigation against Repsol Oil and Gas USA, LLC, formerly Talisman Energy USA, Inc., for royalty owners’ claims that the company improperly allocated production volumes and underpaid owners for wells operated in the Eagle Ford shale basin in South Texas.