Vorys Energy

OCTOBER 31, 2022

Ohio’s Seventh District Court of Appeals recently held that an “anti-washout” provision found in multiple assignments of overriding royalty interests covering leases that subsequently expired was not binding on the original lessee’s assignees, which had taken new leases to those same lands, as there was no privity of contract.

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Royalty Interest Royalty Casing Oil 40

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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Royalty Royalty Interest Casing Oil 52

The Energy Law Blog

APRIL 4, 2023

While 30:10 was amended during the 2022 legislative session, the amendment preserved the limited obligation of remitting the royalty and overriding royalty burdens to the nonparticipating owner for the benefit of the royalty and overriding royalty owners.

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Royalty Operator Royalty Interest E&A 98