Oil and Gas Lawyer
DECEMBER 12, 2024
Another case interpreting a royalty reservation in an old conveyance has been decided by the 11th Court of Appeals in Eastland: Boren Descendants and Mabee Descendants v. The deed reserves “an undivided one-fourth (1/4th) of the usual one eighth (18th) royalty.” Fasken Oil and Ranch, Ltd. , two consolidated appeals, Nos.
The Energy Law Blog
JUNE 8, 2020
With the prevalence of cases involving royalty disputes in Texas, the state’s Supreme Court has never hesitated to address these issues. But the Court’s sporadic holdings regarding royalty clauses, each so specific to the particular language of the lease, have left lessees on unsteady footing. In 2019, the Court heard Burlington Res.
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The Energy Law Blog
MARCH 31, 2021
While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. after deductions), resulting in lower royalty payments for the royalty owners.
The Energy Law Blog
MARCH 31, 2021
While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. after deductions), resulting in lower royalty payments for the royalty owners.
The Energy Law Blog
MARCH 31, 2021
Free-Use Clause and Further Interprets Conflicting Royalty Clause Provisions The Texas Supreme Court recently issued its anticipated decision in BlueStone Natural Resources II, LLC v. For almost a decade, the original lessee to the agreements never subtracted post-production costs from the royalty owners’ royalty payments.
The Energy Law Blog
MARCH 13, 2009
billion from 2011 to 2019. However, the tax will only affect companies currently using a loophole to avoid paying royalties on the energy supplies they drill. Those already paying royalties would get a tax credit. oil and gas supplies.
Producer's Edge
JANUARY 27, 2025
In 2019, CT Land invoked the burial provision in the mineral lease and sued Unitex for breach of the lease and for declaratory relief when Unitex refused to comply. The lease provided for a royalty calculated based on the “market value at the well.” In this case, CT Land and Cattle and Cattle Co., Randle, 620 S.W.3d
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