Remove 2020 Remove Asset-based Approach Remove Comps
article thumbnail

Update on Oil & Gas Royalties Litigation-Key Valuation Issues

Value Scope

The Texas Supreme Court agreed to hear this case on September 17 th , 2020. The Asset-Based Approach. This approach is not useful for determining the value of royalty interest, and we do not use it. The Market Approach. The market approach uses comps, both trading and transaction.

article thumbnail

Update on Oil & Gas Royalties Litigation-Key Valuation Issues

Value Scope

19-0459 The Texas Supreme Court agreed to hear this case on September 17 th , 2020. The Market Approach The market approach uses comps, both trading and transaction. However, they usually are not available, so the market-based approach is often not useful. Walker Murray Randle, No.