Search for: "Mineral and Royalty Owners"
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18 Jul 2023, 1:18 pm
Marshall held that an operator’s continued payment of royalty on an expired lease “establish[ed] as a matter of law that [the mineral owner] was on notice that [the operator] claimed to own the leasehold …. [read post]
17 Oct 2011, 12:09 pm
The non-executive interest holders sued the executive interest holder because the restrictive covenants essentially made it impossible for the land to be leased and for mineral owners to develop their minerals and receive royalties. [read post]
11 Apr 2023, 2:29 pm
(…) For nearly ninety years after the original deed’s execution, the parties (including new owners who received various interests) continued without exception to engage in transactions and to make representations about their ownership interests that were consistent with the understanding that each original side had always had a 1/2 interest in the minerals. [read post]
17 Oct 2011, 12:09 pm
The non-executive interest holders sued the executive interest holder because the restrictive covenants essentially made it impossible for the land to be leased and for mineral owners to develop their minerals and receive royalties. [read post]
29 Aug 2017, 5:26 am
Under Mineral Code Art. 140 if the lessee fails to pay royalties or to inform the lessee of a reasonable cause for failure to pay, the court may award as damages “double the amount of royalties due”. [read post]
29 Aug 2017, 5:26 am
Under Mineral Code Art. 140 if the lessee fails to pay royalties or to inform the lessee of a reasonable cause for failure to pay, the court may award as damages “double the amount of royalties due”. [read post]
13 Jan 2014, 8:29 am
The contract provided that all royalties under the lease "shall be paid to the owner of the surface estate on which such well or wells are situated, without reference to any production unit on which such well or wells are located." [read post]
27 Sep 2013, 9:56 am
When the case was remanded, the representative of the class, Royce Yarbrough, amended the complaint against Phillips to allege that the company breached their implied covenant to market and that this is what contributed to the underpayment of royalties to the royalty owners. [read post]
11 Jun 2012, 5:23 pm
Ratification of a lease by a royalty owner or non-executive mineral owner may or may not be in his/her best interest, depending on the circumstances. [read post]
11 Jun 2012, 4:23 pm
Ratification of a lease by a royalty owner or non-executive mineral owner may or may not be in his/her best interest, depending on the circumstances. [read post]
31 Aug 2023, 12:26 pm
PSAs are simply agreements between lessees and royalty owners that determines how production will be allocated among the tracts.4 At least 65% of the mineral and working interest owners must consent to the PSA for the Commission to issue a permit. [read post]
22 Aug 2014, 8:01 am
Natividad Soto is a 75 year old man and land and mineral owner in LaSalle County, Texas. [read post]
31 Mar 2014, 6:30 am
Further, reservation of mineral rights was not a collateral issue, and there was no reservation of royalties clause in the deed. [read post]
18 Apr 2019, 5:07 am
The Carters sold the surface, a 4.16% mineral royalty interest, and the executive right to Texas Outfitters, a hunting company, leaving themselves with a non-executive right to 45.84% of the minerals. [read post]
26 Jul 2013, 1:28 pm
See Our Related Blog Posts: Government Policies May Hinder U.S. and Texas Shale Production Elimination of Tax Deduction Will Hurt Texas Mineral and Royalty Owners [read post]
6 Sep 2018, 5:25 am
Ridge sent a letter and lease form that, in the limited experience of these unsophisticated mineral owners, looked pretty much like a standard oil and gas lease. [read post]
11 Dec 2007, 6:46 am
The State of Louisiana asserted, among other arguments, that the merger and consolidation of the BLD with the PPG constituted an impermissible alienation of state minerals and that the State was entitled to the mineral revenues attributable to Tract 1 as an unleased owner. [read post]
7 Mar 2011, 9:00 pm
Oil production involves paying royalties to the owner of the land and taxes to the foreign government. [read post]
5 Jun 2019, 7:25 am
Why does this matter to royalty owners? [read post]
19 Dec 2016, 6:56 am
The article below appeared in the latest newsletter of the Texas Land and Mineral Owners Association. [read post]
