ConocoPhillips Company v. Incline Energy, Inc.

CourtCourt of Appeals of Texas
DecidedMarch 23, 2006
Docket11-03-00361-CV
StatusPublished

This text of ConocoPhillips Company v. Incline Energy, Inc. (ConocoPhillips Company v. Incline Energy, Inc.) is published on Counsel Stack Legal Research, covering Court of Appeals of Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
ConocoPhillips Company v. Incline Energy, Inc., (Tex. Ct. App. 2006).

Opinion

Opinion filed March 23, 2006

Opinion filed March 23, 2006

                                                                        In The

    Eleventh Court of Appeals

                                                                 ____________

                                                          No. 11-03-00361-CV

                                                    __________

                            CONOCOPHILLIPS COMPANY, Appellant

                                                             V.

                                  INCLINE ENERGY, INC., Appellee

                                         On Appeal from the 238th District Court

                                                        Midland County, Texas

                                                Trial Court Cause No. CV-43,326

                                                                   O P I N I O N

After a bench trial, the trial court held that the pricing provision in a gas purchase agreement was ambiguous.  It entered a judgment for Incline Energy, Inc. (the gas seller)[1] against ConocoPhillips Company (the gas purchaser).  We find that the agreement was not ambiguous, and we reverse and render judgment that Incline take nothing by its lawsuit.


There is a rather lengthy history of the events giving rise to this lawsuit.  We believe that a recitation of only a brief portion of that history is necessary to a resolution of this appeal.

Incline=s claim against ConocoPhillips arises out of a pricing provision in a 1988 amendment to a 1986 gas purchase agreement.  The agreement covered gas produced from a gas well known as the Olivia Spencer No. 1.  The 1988 amendment provided, in relevant part, as follows:

Subject to all terms, conditions and provisions of the Agreement, for the period beginning on the effective date hereunder and extending for the Term hereof, the price per MMBTU to be paid by Buyer to Seller each month shall be eighty percent (80%) of the price(s) which Buyer receives under its Resale Agreement(s) for all gas purchased and sold hereunder at the Point(s) of delivery, such gas produced from the subject lands and leases.

For purposes of this opinion, we offer an oversimplified description of the nature of gas that is produced from a gas well.  As it comes from the well, gas is basically in a vaporous form and contains various impurities as well as various compounds.  The compounds can be removed from the vapor and turned into marketable liquids known as natural gas liquids (NGLs).  In order to remove NGLs from the natural gas, it is necessary to transport the gas through a pipeline to a processing facility where the gas undergoes various procedures that result in the extraction of the NGLs and leave residue gas.[2]  The NGLs which have been extracted are used in the manufacture of many different products from gasoline to plastics and foam.  The residue gas is sold.


The term AMMBTU@ as used in the gas purchase agreement refers to the measurement of vaporous gas by using volume and heating value.  The volume and the heating value in this case were determined when the gas entered ConocoPhillips=s pipeline.  ConocoPhillips based its payment to Incline on the weighted average residue gas price applied to the full volume and heating value (MMBTU) at the point of delivery from the Olivia Spencer No. 1.[3]  Thus, it paid Incline 80% of the weighted average residue gas price as applied to MMBTUs of the entire gas stream measured at the point of delivery.  ConocoPhillips contends that this is the proper measurement of the gas purchase price under the contract.

Incline contends that it should be paid on processed NGLs in addition to residue gas.  Incline sued ConocoPhillips for breach of contract, specific performance, declaratory relief, and attorney=s fees.  The trial court agreed with Incline on its breach of contract claim and awarded Incline $795,312.80 as damages based upon prices for vaporous gas as well as prices for NGLs from the date that ConocoPhillips became the purchaser of gas under the agreement.  The trial court also awarded Incline $85,013.80 in prejudgment interest and $184,607.48 as attorney=s fees.  In its judgment, the trial court denied all other relief not expressly granted.

The primary concern when construing a written contract is to determine the true intentions of the parties as expressed in the agreement.  Coker v. Coker, 650 S.W.2d 391, 393 (Tex. 1983).  If the written agreement is worded such that it can be given a definite legal meaning, it is not ambiguous.  Courts will construe unambiguous contracts as a matter of law.  Id.

Whether a contract is ambiguous is a question of law to be decided by the court.  Friendswood Dev. Co. v. McDade + Co., 926 S.W.2d 280, 282 (Tex. 1996).  A court makes this determination by looking at the contract as a whole while considering the circumstances present when the parties entered it.  Nat=l Union Fire Ins. Co. of Pittsburgh, Pa. v. CBI Indus., Inc.

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Related

Enterprise Leasing Co. of Houston v. Barrios
156 S.W.3d 547 (Texas Supreme Court, 2004)
Coker v. Coker
650 S.W.2d 391 (Texas Supreme Court, 1983)
Friendswood Development Co. v. McDade + Co.
926 S.W.2d 280 (Texas Supreme Court, 1996)
Reilly v. Rangers Management, Inc.
727 S.W.2d 527 (Texas Supreme Court, 1987)
Carter v. Exxon Corp.
842 S.W.2d 393 (Court of Appeals of Texas, 1992)

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