2023 Casing Royalty Interest 
Producer's Edge
DECEMBER 3, 2024
Several 2023 decisions rendered by the El Paso Court of Appeals, reflect a trend toward near-automatic application of the presumption. This article discusses a couple more cases in 2024. Many anticipate that double-fraction cases will continue to steadily flow through Texas courts for the foreseeable future. Montgomery, Tr.
The Energy Law
MARCH 7, 2023
21-0146, 2023 WL 2053175 (Tex. 17, 2023), in which it re-affirmed the axiomatic principle that a text retains the same meaning in the present day as when it was drafted. In the 1920s—the time the deed at issue was executed—lessors commonly reserved a one-eighth royalty interest when they executed oil and gas leases.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Energy Law
APRIL 4, 2023
On Friday, March 31, 2023, Representative Larry Bagley of Louisiana’s District 7 proposed amendments to Louisiana Revised Statutes § 30:10. As was the case in 2012, this proposed amendment would also extend this direct payment requirement to any overriding royalty interests burdening the nonparticipating owner’s lease.
Producer's Edge
NOVEMBER 1, 2024
The Texas Supreme Court heard oral arguments last week in a case that could substantially clarify, or even fundamentally reshape, the characterization and ownership of underground storage rights in Texas. The case was Myers-Woodward v. The case remains pending before the Texas Supreme Court on petition for review.
The Energy Law
MARCH 15, 2023
20-0904, 2023 WL 2438927 (Tex. 2023), in which it held that lessees owed royalties in excess of their gross proceeds, specifically “adding back” costs incurred by third-party buyers that were enumerated in the sales contract and subtracted from the sales price. Sheppard , — S.W.3d NationsBank”, 939 S.W.2d 2d 118 (Tex.
Expert insights. Personalized for you.
52 
Let's personalize your content