Search for: "Mineral and Royalty Owners"
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4 Jan 2020, 11:38 am
Of course, nonparticipating royalty owners cannot sign leases, as a matter of law, but many people do not know this. [read post]
31 Jul 2009, 4:25 pm
It purported to relinquish to the owners of the land the State's oil and gas rights in the land, retaining a 1/16th royalty interest for the State. [read post]
14 Dec 2018, 2:51 pm
Texas Property Code, § 5.151, provides in relevant part: A person who mails to the owner of a mineral or royalty interest an offer to purchase only the mineral or royalty interest . . . and encloses an instrument of conveyance of only the mineral or royalty interest and a draft or other instrument, as defined in Section 3.104, Business & Commerce Code, providing for payment for that interest shall include in the offer a… [read post]
26 Nov 2013, 4:38 am
Zaffirini, BP paid Solis a $1,300 per acre bonus for a lease covering 30% of the mineral estate and agreed that if paid a more favorable bonus or royalty term with any other co-owner in the same mineral estate, BP would pay lessor Solis according to the more favorable terms. [read post]
8 Jun 2020, 9:57 am
The Texas Land and Mineral Owners’ Association and the National Association of Royalty Owners-Texas filed an amicus brief in Hyder seeking clarification on how to apply Heritage Resources, but critics claim the Court’s controversial follow-up did not clarify the issue. [read post]
18 Apr 2019, 7:35 am
Guerra, where the mineral owner leases for a below-market royalty in order to obtain a benefit for himself, such as a larger bonus or benefits to the surface estate. [read post]
11 Oct 2013, 11:40 am
My office represents only landowners, surface owners and royalty owners, and never represents oil or pipeline companies. [read post]
11 Jul 2013, 4:46 am
The effects on property owner rights and royalties will be determined. [read post]
18 Mar 2019, 6:26 am
Chesapeake Energy Corporation, No. 04-18-00129-CV, the San Antonio Court of Appeals heard a permissive accelerated appeal of an issue addressed by the trial court in a multi-district litigation brought by many royalty owners in the Eagle Ford against Chesapeake, In re: Chesapeake Eagle Ford Royalty Litigation, involving multiple claims against Chesapeake for breach of the plaintiffs’ oil and gas leases. [read post]
25 Nov 2013, 8:13 am
In response, mineral owners in Texas began adding "no-deduction" clauses to their leases, prohibiting deduction of such costs for purposes of calculating their royalty. [read post]
11 Jan 2011, 1:16 pm
Now, almost fifty years later, the case presents a conflict between the National Park Service (the Service) and owners of certain mineral estates in the Padre Island National Seashore (the Seashore), with respect to those mineral owners' rights of ingress and egress over the Seashore's surface; such rights, if recognized, would allow the owners to exploit the subsurface minerals contained on the… [read post]
18 May 2020, 12:00 pm
Not only must the mineral owner execute another oil and gas lease but one of [the lessee’s] successors must also obtain that lease. [read post]
18 Aug 2010, 3:10 pm
Only after execution and return of the contract and deed, the property owner learns from the heir finder that the property owner’s great uncle Leo owned 80 mineral acres that was under production with $100,000 in royalties and bonus owed at the time of the agreement. [read post]
18 Jan 2011, 1:28 pm
Dunn-McCampbell Royalty Interest Inc. v. [read post]
5 Aug 2009, 5:25 am
Landowners who receive royalties from both mineral and wind development have an incentive to see both enterprises coexist. [read post]
14 Oct 2014, 4:03 am
then ceased those payments and began paying the current owners of the 1966 mineral servitude. [read post]
23 May 2014, 8:37 am
In my law practice, I represent only Texas royalty owners, mineral owners and surface owners, and I do not ever represent oil companies. [read post]
8 Aug 2017, 1:18 pm
., the Louisiana Second Circuit upheld a trial court’s ruling that Wells Fargo, a mortgage lender with a security interest in a mineral lease, was solidarily liable with its borrowers (the mineral lessees) for a breach of the mineral lessees’ contractual and statutory obligations to produce in paying quantities, pay royalties, and respond to the mineral lessor’s demands regarding those obligations. [read post]
8 Aug 2017, 1:18 pm
., the Louisiana Second Circuit upheld a trial court’s ruling that Wells Fargo, a mortgage lender with a security interest in a mineral lease, was solidarily liable with its borrowers (the mineral lessees) for a breach of the mineral lessees’ contractual and statutory obligations to produce in paying quantities, pay royalties, and respond to the mineral lessor’s demands regarding those obligations. [read post]
8 Aug 2017, 1:18 pm
., the Louisiana Second Circuit upheld a trial court’s ruling that Wells Fargo, a mortgage lender with a security interest in a mineral lease, was solidarily liable with its borrowers (the mineral lessees) for a breach of the mineral lessees’ contractual and statutory obligations to produce in paying quantities, pay royalties, and respond to the mineral lessor’s demands regarding those obligations. [read post]
