Search for: "Mineral and Royalty Owners"
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11 Jul 2014, 9:13 am
This case illustrates that the language of the lease is critical, and since post-production costs can be quite substantial, the language of the lease can have a large impact on the amount of royalties that a mineral owner gets. [read post]
27 Dec 2011, 10:36 am
Assisting royalty owners in locating lost oil and gas royalties, and getting royalty owners paid their rightful royalty payments, is one of the parts of my practice as a Texas oil and gas attorney that I enjoy the most. [read post]
17 Sep 2018, 7:21 am
Several years ago the Texas Legislature attempted to protect mineral and royalty owners against offers from unscrupulous buyers by passing Section 151 of the Texas Property Code: (a) A person who mails to the owner of a mineral or royalty interest an offer to purchase only the mineral or royalty interest, it being understood that for the purpose of this section the taking of an oil, gas, or mineral lease… [read post]
6 Apr 2010, 1:37 pm
.), Ross, a mineral interest owner, brought a breach of contract, unjust enrichment, and fraud action against natural gas lessee, Shell. [read post]
6 Jan 2023, 1:48 pm
The court addressed several issues, one of which was the construction of a 1939 deed that reserved a royalty interest described as “one-fourth of the 1/8 royalty usually reserved by and to be paid to the land owner in event of execution of oil and gas leases, so that 1/4 of the 1/8 royalty to be paid to us, our heirs or assigns, if, as and when produced from the above described land …. [read post]
20 Oct 2014, 6:38 am
In Bass the Court held that a mineral owner has no duty to the royalty owner to grant an oil and gas lease. [read post]
22 Jul 2015, 6:28 am
The organizations have relatively small membership compared to the number of mineral and royalty owners in Texas. [read post]
28 Jun 2018, 6:50 am
The Court held, however, that Wells Fargo was merely a creditor with a security interest in a mineral lease, and not an “owner. [read post]
28 Jun 2018, 6:50 am
The Court held, however, that Wells Fargo was merely a creditor with a security interest in a mineral lease, and not an “owner. [read post]
7 Dec 2009, 2:02 pm
If so, how are royalties paid to the owners of unleased minerals in that tract? [read post]
4 Jan 2007, 3:01 pm
The court found that the right created by the parties in the deed was a mineral servitude, because the owner of a mineral royalty could not have granted such lease rights. [read post]
1 May 2019, 6:18 pm
On May 1, the Department of Justice announced that a gas marketing company and its two owners had agreed to pay $4.375 million to settle allegations that the company underpaid mineral royalty payments. [read post]
16 Feb 2015, 7:08 am
In doing so, it kept alive a $21 million verdict against Samson and limited its prior holdings barring suits by mineral owners based on the statute of limitations. [read post]
4 Apr 2019, 5:43 am
Generally, an unleased mineral owner in the drillsite tract within a pooled unit (itself a creature of contract) would be entitled to an accounting from his co-tenant. [read post]
8 Jan 2018, 6:33 am
No liability risks attach to mineral and royalty interests. [read post]
15 Jun 2008, 10:56 am
If the initial bonus payment is still around, it can be divided or offset between the parties.(5) Leases have generally been more profitable when neighborhoods band together or land owners lease large tracts. [read post]
2 Dec 2010, 8:23 am
” The unleased mineral owners and uncommitted working interest owners (other companies with leasehold interests) are “interested parties. [read post]
6 Apr 2009, 3:59 pm
HECI did not inform its royalty owners of the suit and did not share any of the judgment proceeds with the royalty owners. [read post]
28 Mar 2024, 4:10 am
The Van Dyke presumption is rebutted because that instrument was a conveyance of the minerals with a royalty reservation whereas the Chapman-May Deed conveyed a royalty interest. [read post]
23 Oct 2018, 6:47 am
The other mineral owners in the land (the Lessor Plaintiffs) leased their two-thirds mineral interest to Devon, reserving a 1/4th royalty. [read post]
