If you received payment for royalties on natural gas and its constituents produced from well(s) in Oklahoma from BP America, you may be entitled to benefits under a class action settlement.
Important Update: The Settlement Administrator issued benefit checks to eligible class members on March 29, 2019.
What is the lawsuit about?
Plaintiff (John Cecil) alleges that BP America breach an implied covenant to market, breached the underlying leases, breached an alleged fiduciary duty, violated RICO, and committed fraud with respect to royalty payments for gas and its constituents (including helium, residue gas, natural gas liquids, nitrogen and condensate). Defendant expressly denies all allegations of wrongdoing or liability with respect to the claims and allegations in the Litigation. The Court has made no determination with respect to any of the parties' claims or defenses.
The Court did not decide in favor of Plaintiffs or Defendant. Instead, both sides agreed to a settlement. That way, they avoid the cost of a trial, and settlement benefits go to the Class Members. The Class Representatives and Plaintiff's Counsel believe the Settlement to be in the best interest of the Class. The case is known as Cecil v. BP America, Case No. 16-CV-00410-KEW.
Who is included?
The settlement class consists of the following, subject to certain exclusions:
All persons or entities who are or were royalty owners in wells located in Oklahoma which had production during any portion of the time period from January 1, 1985 through and including December 31, 2017, where Defendant BP America Production Company (including its affiliated predecessors and affiliated successors) is or was the operator (or a working interest owner) who marketed its share of gas as to production before January 1, 2018. The claims in this matter relate to royalty payments for gas and its constituents (such as residue gas, natural gas liquids, helium, nitrogen, or drip condensate).
A list of the excluded persons and entities can be found in the Notice, which is available for download from the Important Documents page, and on the FAQ page.