Oil Company Says Contract Does Not Allow Fracking Operator To Charge Penalties

( May 2, 2025, 10:17 AM EDT) -- MIDLAND, Texas — Oil and gas company McCully-Chapman Exploration Inc. (MCE) has filed a reply brief in Texas federal court arguing that it is entitled to summary judgment on its declaratory judgment action against another exploration company, Ovintiv USA Inc., in a mineral rights dispute because the joint operating agreement (JOA) the parties entered into defines a limited geographical area and Ovintiv cannot charge MCE penalties for wells drilled outside that specific area....