Fixed vs. Floating Royalty Considered by Texas Supreme Court
Texas Oil & Gas Attorney
JUNE 30, 2024
Whether a royalty granted or reserved in a deed is a “fixed” or “floating” royalty has resulted in a lot of litigation in Texas. 3d , 2022 WL 17351596 (Tex.Civ.App.Corpus Christi 2022, pet. The question is: does the stipulation of interest change the original fixed royalty into a floating royalty?
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