Search for: "Mineral and Royalty Owners"
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13 Aug 2021, 12:53 pm
Recently, a state appellate court issued an opinion in a Texas oil and gas case discussing whether an owner of a mineral interest can withhold her agreement to pool her interests after accepting royalty payments calculated on a pooled basis. [read post]
25 Apr 2014, 10:49 am
The decision of the Texas Supreme Court will have a substantial impact on Texas mineral owners who receive royalties from wells where CO2 is used to increase production. [read post]
9 Mar 2015, 1:48 pm
It has long been known in Texas that the owner of minerals whose mineral estate is subject to a royalty interest owned by another has a duty of “utmost good faith” to the royalty owner. [read post]
17 May 2017, 7:04 am
Our firm hosted its 4th land and mineral owner seminar last Friday, and I spoke on deductability of post-production costs from lease royalties in light of the Texas Supreme Court’s decision last year in Chesapeake v. [read post]
2 Mar 2021, 3:06 pm
Mineral interests are real property interests, and when a producing well is drilled the owners of rights to production from the well, both the working interest and the royalty owners, are subject to being levied a property tax on the value of their interests. [read post]
13 Nov 2023, 11:11 am
” “This recovery of unpaid mineral royalties is the direct result of the Department of Justice, Department of Interior (DOI)’s Office of Inspector General (OIG), DOI’s Office of Natural Resources Revenue and DOI’s Office of the Solicitor working diligently to ensure that revenues generated from resources under Federal jurisdiction are properly accounted for and collected on behalf of the mineral owners and the American… [read post]
27 Sep 2017, 5:00 am
A 1947 mineral lease provided for a 1/8th royalty. [read post]
27 Sep 2017, 5:00 am
A 1947 mineral lease provided for a 1/8th royalty. [read post]
21 Mar 2014, 7:10 pm
Typically, mineral rights are leased to companies that actually extract the raw materials; the mineral rights’ owner then receives a royalty in addition to the lease payment. [read post]
2 Feb 2018, 1:18 pm
BP invoked the shut-in royalty clause of their lease with the mineral owners. [read post]
13 Jan 2016, 2:25 pm
Kerr McGee Rocky Mountain, LLC, 2014-2592 (La. 12/8/15); — So. 3d –, pitted plaintiff mineral royalty owners against mineral lessee and working interest owner defendants in a dispute over whether the defendants mismanaged and improperly operated two oil and gas wells, causing the plaintiffs lost royalties. [read post]
8 Apr 2012, 4:28 am
In other words prior owners from centuries ago sold the land but not the “mineral rights”. [read post]
19 Jan 2021, 5:41 am
A royalty interest is the ownership of a portion of a mineral resource or the revenue it produces. [read post]
19 Jan 2021, 5:41 am
A royalty interest is the ownership of a portion of a mineral resource or the revenue it produces. [read post]
20 Aug 2014, 8:52 am
If the Court rules that there is not a single answer, then there will be no class action and the non-coal owners are left to try to litigate or deal with the coal owners over the meaning of their respective deeds, which has resulted in some easy money for the coal owners in some cases. [read post]
16 May 2018, 5:00 am
The remaining mineral owners leased the remaining two-thirds to Devon. [read post]
24 Apr 2009, 8:42 am
The final step is to assemble a package of the research and transmit this with a demand letter to the well operator and/or owner to pay royalties to you and any relative who shares ownership of the minerals with you. [read post]
18 Jan 2011, 1:28 pm
Dunn-McCampbell Royalty Interest Inc. v. [read post]
22 Mar 2013, 10:10 am
My readers know that I am generally supportive of oil and gas companies, although in my practice, I represent only Texas land, mineral and royalty owners. [read post]
28 Apr 2008, 4:07 pm
That bundle of rights is carved out of the mineral estate. [read post]
