Vorys Energy
JANUARY 2, 2024
Ohio’s Seventh District Court of Appeals recently interpreted two reservations of non-participating royalty interests (NPRIs) involving double fractions, holding that they reserved fixed, rather than floating, royalties. Ohio, LLC , 2023-Ohio-4749. Jeffers , 2023-Ohio-3653, and Crum v. Mooney , 2023-Ohio-4451.
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. In rejecting the argument, the court explained that the Lattner successors never argued that the Second Conveyance Recital conveyed everything to Lattner but only a ¼ royalty. ” Id.
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Enverus
JUNE 3, 2025
Inclusive of the Sitio merger and a major dropdown from Diamondback, Viper has now spent over $8 billion on acquisitions in 2025 or more than the cumulative value of all disclosed mineral M&A in 2023 and 2024. Besides the increased Permian exposure, Sitio brings to the table royalty interests in the DJ, Eagle Ford and Williston Basin.
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.
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.
Oil & Gas 360º
MAY 12, 2025
The company holds 100% working interest and 98% net royalty interest across the greater BA-IX mining license at the Kiskunhalas project. The report includes an area of 4,000 net acres with the Development Pending sub-class for Contingent Resources.
Producer's Edge
NOVEMBER 1, 2024
The deed severed the mineral estate from the surface estate, with Myers-Woodward LLC (“Myers”) now owning the surface estate and a 1/8th non-participating royalty interest in minerals. ” The Fifth Circuit, applying Texas law in Dunn-McCampbell Royalty Interest, Inc. 3d 39 , 47 (Tex.
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