Compensation and oil rights
Language: English Series: Chartered Surveyor Weekly ; vol 19 no 13, 25/6 87 p73Subject(s): Summary: In BP Petroleum Developments Ltd v Ryder and Others , ChD 17 June 1987, the court granted the necessary rights to the plaintiffs to exploit Wytch Farm oilfield , Dorset rejecting the defendants` compensation claim related to the value of the oil exploited. Held that the defendants should be paid only existing use value of the rights acquired over their land.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2325-11 (Browse shelf(Opens below)) | 1 | Available | 26503-1001 |
In BP Petroleum Developments Ltd v Ryder and Others , ChD 17 June 1987, the court granted the necessary rights to the plaintiffs to exploit Wytch Farm oilfield , Dorset rejecting the defendants` compensation claim related to the value of the oil exploited. Held that the defendants should be paid only existing use value of the rights acquired over their land.