2002, Gas and Royalty Interest

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2002

Gas

Royalty Interest

Texas Supreme Court Rules on Modification of NPRIs

Producer's Edge

APRIL 30, 2025

The Case In this recent case, the Texas Supreme Court resolved whether ratification of a lease or signing of a stipulation agreement could transform a fixed non-participating royalty interest (NPRI) into a floating NPRI. " The Gipses later leased the minerals to ConocoPhillips for a 1/4 royalty.

Royalty

Royalty Instrumentation Royalty Interest Casing

Texas Court Upholds Lease Cancellation for Failure to Pay Shut-In Payments To Proper Party

The Energy Law

MAY 10, 2010

Tyler 5/5/2010), the Tyler Court of Appeals upheld a trial court’s findings of fact and conclusions of law with respect to the termination of an oil and gas lease for failure to pay shut-in royalty payments to the proper party. Van Hovenberg (“Van Hovenberg”) conveyed by royalty deed to O.B. Circle Ridge Production, Inc. ,

Royalty

Royalty Royalty Interest Casing IT

Energy Aggregated

Texas Supreme Court Rules on Modification of NPRIs

Texas Court Upholds Lease Cancellation for Failure to Pay Shut-In Payments To Proper Party

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