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Division Order

Government

Texas Court Subjects Override to Non-Consent Penalties

The Energy Law Blog

MAY 24, 2007

Based on both the division order and the JOA terms, the Count found that BTA was not obligated to make any present payments to Boldrick for his overriding royalty interest currently being used to pay the costs and expenses of the well. Therefore, Boldrick’s reliance on those provisions to support his claim was misplaced.

Royalty Interest

Royalty Interest Royalty Division Order IT

Calling Dibs! Oil and Gas Security Interests and Texas’ Unique First Purchaser Statute

Producer's Edge

DECEMBER 3, 2024

Instead, the property laws of Texas govern perfection. Unique to Texas While the First Purchaser Statute does not require the filing of a financing statement in order to perfect a security interest, it is unique to Texas and is not necessarily recognized under the laws of other states. But what about perfection?

Oil

Oil Gas Finance Division Order

Texas Court Subjects Override to Non-Consent Penalties

Calling Dibs! Oil and Gas Security Interests and Texas’ Unique First Purchaser Statute

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