Court of Appeals Affirms Award of Damages to Royalty Owner Caused by Service Company's Destruction of Well

摘要

Basic Energy Services, Inc. v. D-S-B Properties, Inc., No. 12-10-00005-CV, 2011 WL 2649989 (Tex. App.-Tyler June 30, 2011, no pet. h.), considered the appeal of Basic Energy, an oil and gas well servicing company, from a trial court judgment in favor of D-S-B, the operator of the B.M. Moseley No. 1 Well, awarding 1,911,957 dollars, and in favor of the trustees of the Oleta Ashworth Foster Living Trust, owners of a royalty interest in production from the well, for 71,203 dollars, in damages resulting from the loss of the well. D-S-B had hired Basic to repair a tubing leak.