Targa Northern Delaware v. Franklin Mountain Energy 2 (n/k/a Conterra Energy Operating M)

2025 Tex. Bus. 12
Texas Business Court·Decided March 28, 2025·No. 24-BC01B-0001·Published

Opinion

FILED IN

BUSINESS COURT OF TEXAS

BEVERLY CRUMLEY, CLERK

ENTERED

3/28/2025

2025 Tex. Bus. 12

The Business Court of Texas, 1st Division

TARGA NORTHERN § DELAWARE, LLC, Plaintiff § v. § § Cause No. 24-BC01B-0001 FRANKLIN MOUNTAIN § ENERGY 2, LLC (n/k/a § COTERRA ENERGY § OPERATING M LLC) and § FRANKLIN MOUNTAIN § ENERGY, LLC (n/k/a COTERRA § ENERGY OPERATING F LLC), § Defendants

═══════════════════════════════════════ MEMORANDUM OPINION

═══════════════════════════════════════

[¶ 1] Before the court is defendants’ Second Amended Plea to the Jurisdiction (PTJ).1 They assert that this court lacks subject matter

1 Defendant filed its initial Amended Plea to the Jurisdiction on January 28, 2025, with redactions and sealed exhibits. Defendants refiled their plea on February 26, 2025, without redactions and with public exhibits. Defendants styled their February twenty-sixth

jurisdiction because this case is about who owns natural gas in the ground in New Mexico, which is real property, and this court lacks jurisdiction to decide that dispute. 2

[¶ 2] Conversely, plaintiff urges that this court has subject matter jurisdiction because its sole cause of action seeks damages for defendants’ alleged failure to deliver severed natural gas, which is personalty, and Texas has jurisdiction to resolve that contract breach claim even if the result may have collateral effects regarding New Mexico real property.

[¶ 3] Defendants’ plea fails because the seminal issue is who materially breached the contract first regarding the delivery of severed natural gas. If defendants did so, recovering damages is plaintiff’s remedy. But if plaintiff did so, defendants’ remedy is for the court to order plaintiff to release its rights regarding the subsurface gas, which is realty.

[¶ 4] In short, this case will factually decide who first materially breached its duty regarding the delivery of severed natural gas. Any subsequent effect that decision may have on the ownership of native natural

motion as its “Amended Plea to the Jurisdiction.” The court refers to the latter document as Defendants’ Second Amended Plea to the Jurisdiction. 2 PTJ at 5.

gas in New Mexico is incidental and collateral to that outcome. Therefore, this court has jurisdiction to resolve the prior material breach dispute.

[¶ 5] These facts are taken from Plaintiff’s Second Amended Petition and the parties’ contract unless indicated otherwise:

I. BACKGROUND

A. The Parties

[¶ 6] Plaintiff Targa Northern Delaware, LLC is a midstream company that operates natural gas gathering and compression facilities.3

[¶ 7] Defendants Franklin Mountain Energy 2, LLC and Franklin Mountain Energy, LLC’s (FME) are two upstream oil and natural gas exploration and production companies. 4 B. The Agreement

[¶ 8] Effective June 1, 2021, the parties entered into an Amended and Restated Gas Gathering, Processing and Purchase Agreement. 5 In general, the

3 PTJ at 6. 4 PTJ at 6. Franklin Mountain Energy 2, LLC is now known as Coterra Energy Operating M LLC and Franklin Mountain Energy, LLC is now known as Coterra Energy Operating F LLC. However, the parties and the court continue to refer to defendants singularly as FME. 5 SAP ¶ 9; PTJ Ex. 1 (Agreement). They further amended the Agreement on March 1, 2022, and February 1, 2024. SAP ¶ 9.

Agreement provides that:

• FME granted, conveyed, assigned, and dedicated to Targa for gathering and processing certain natural gas produced from and attributable to FME’s “Interests.”6 • “Interests” means any of FME’s right, title, or interests in lands or wells located in “Dedicated Acreage” that provide FME with the right to produce, transport, and market Gas produced from the Dedicated Acreage.7 • “Dedicated Acreage” means lands in New Mexico specified in a separate Agreement exhibit. 8 • “Gas” means natural gas or any mixture of hydrocarbon gases or of hydrocarbon gases and noncombustible gases, consisting predominantly of methane. 9 • “Committed Gas Interests” means all of FME’s Gas in place under Dedicated Acreage. 10

6 Agreement Art. 2.1. “Art.” refers to a specific Article in the Agreement. 7 Agreement Ex. A, § 1.01(vv). 8 Agreement Ex. A, § 1.01(cc); Agreement Ex. E. 9 Agreement Ex. A, § 1.01(nn). 10 See Art. 2.1(i)(a) (“Gas … which may be produced from and be attributable to such Interests”) (emphasis added).

• “Committed Gas” means all Gas that FME produces from the Committed Gas Interests.11 • FME is to produce Committed Gas and, except for Gas taken in kind, deliver it to Targa at designated “Receipt Points.” 12 In turn, Targa agreed to purchase that delivered Committed Gas.13 • If Targa curtails or cannot accept all of FME’s delivered Committed Gas and there are no uncured FME defaults, then (i) the affected volumes are released from the Agreement for as long as the curtailment or inability lasts and (ii) FME is free to sell that affected volume to others.14 • If Targa’s curtailment or inability to accept deliveries continues for certain specified time periods and there are no uncured FME defaults, in addition to its temporary release rights above, FME is entitled to receive from Targa a permanent release of the affected Committed Gas volumes and the “reasonably associated” Committed Gas Interests; if provided FME exercised

11 See Art. 2.1(i)(b). 12 Arts. 2.1, 2.3. The parties redacted the Agreement’s “Receipt Point” definition, but it is understood to be an identified location to where FME is to deliver Committed Gas. 13 Arts. 2.1, 2.3. The purchase price is not relevant to deciding FME’s PTJ. 14 Art. 2.4 (Temporary Release).

that right in writing within specified time periods and did not waive its release right for that specific curtailment.15 • Notwithstanding any other Agreement provision, “title to the Interests shall remain in Seller or its Affiliates, as the case may be.” 16 • FME’s release rights “are the sole and exclusive remedies at law or in equity available to [FME] with respect to such affected volumes or [Targa’s] curtailment of or inability to accept such volumes, and [FME] irrevocably waives and releases any other rights or remedies.”17 • While in effect, the Agreement is (i) a covenant running with the subject Interests within the Dedicated Acreage and (ii) binding on FME and its successors in interest. 18 • The parties are to record in the appropriate property records a written memorandum identifying the Dedicated Acreage.19

15 Art. 2.5(a) (Permanent Release). 16 Art. 2.8. 17 Art. 2.5(c). Article 2.5(c) also applies to “Force Majeure” events, but force majeure events are not implicated at this point. 18 Art. 2.7. 19 Art. 2.9. The Agreement’s terms are more detailed than these summaries, but the details are not necessary to resolving FME’s plea to the jurisdiction.

• The parties agree that a redacted part of the Agreement required Targa to provide certain additional facilities related to FME’s delivery of Committed Gas to additional Release Points.

[¶ 9] According to FME, Targa was unable to “accept full volumes of natural gas that [FME] attempted to deliver.”20 So, in June 2022, April 2024, and May 2024, FME asked for either a temporary or permanent release of Targa’s interest in the affected gas volumes so that Targa’s interest would revert to FME. 21 C. Procedural Background

[¶ 10] On September 3, 2024, Targa sued FME alleging that FME breached the Agreement by “failing . . . to deliver Committed Gas to Targa as required by the Agreement,” and its failure and refusal to do so constitutes a material breach of the Agreement.22 Targa’s requested relief included (i) actual damages, (ii) attorneys’ fees, (iii) pre and post-judgment interest, (iv)

20 PTJ at 9 (emphasis added); SAP ¶s 13–14. 21 PTJ at 9–11. 22 Plaintiff’s Original Petition (Pet.) ¶s 11 (emphasis added), accord ¶ 15. Targa carries that allegation through to SAP ¶s 12, 17.

court costs, and (v) all other relief to which it is entitled.23

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Targa Northern Delaware v. Franklin Mountain Energy 2 (n/k/a Conterra Energy Operating M), 2025 Tex. Bus. 12 (Tex. Super. Ct. 2025).

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