Lobo v. BP America Production Company

Lobo was a nationwide class of non-operating working interest partners in BP (formerly Amoco) operated wells.  Lobo asserted that BP improperly and fraudulently billed its partners costs as “direct expenses” that were actually costs covered by the “Combined Fixed Rate Overhead”, i.e., BP “double billed” its partners or “double dipped” the Joint Account.  Lobo’s nationwide certification was affirmed on appeal and was scheduled for trial on liability when it settled.  BP paid the Class $150,000,000.00 to resolve the litigation.

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documents related to the case have been made available for your review.  (Please click on a link below to view the available document)

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