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Title Curative: The Key to Clear Mineral Ownership

Valor

Whether you own a single royalty interest or manage a large mineral portfolio, title curative work is essential to ensuring your ownership is properly documented and revenue flows without delay. The blog/website should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.

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Texas Supreme Court Holds that References to “One-Eighth” in Old Oil and Gas Conveyances Presumptively Refer to the Entire Mineral Estate

The Energy Law

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 Blog/Web Site should not be used as a substitute for legal advice from a licensed professional attorney in your state regarding a particular matter. Element Petroleum Props.,

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Louisiana Legislature to Consider Amendments to Forced Pooling Regime Requiring Operators to Pay Lessors of Nonparticipating Working Interest Owners Directly

The Energy Law

The current proposed bill, however, would require operators to remit all royalty payments directly to the lessors on behalf of nonparticipating working interest owners prior to well payout, i.e., during the recoupment of costs, and the statutorily authorized risk charge. Perhaps time will tell.

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Viper strikes rare mineral merger with $4.1B Sitio buy

Enverus

Besides the increased Permian exposure, Sitio brings to the table royalty interests in the DJ, Eagle Ford and Williston Basin. That should be straight forward to accomplish as there is a ready and active market for minerals including significant interest from private capital.

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Fixed vs. Floating Royalty Considered by Texas Supreme Court

Texas Oil & Gas Attorney

The Plaintiff sold land to a third party and reserved a 1/8 royalty nonparticipating royalty interest (fixed royalty language). Continue reading The post Fixed vs. Floating Royalty Considered by Texas Supreme Court appeared first on Texas Oil and Gas Attorney Blog. ConocoPhillips Co.,

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Texas Supreme Court Holds that Add-Back Provision in Oil and Gas Lease Required Royalties to be Paid on Prices in Excess of the Producers’ Gross Proceeds

The Energy Law

Regardless, upstream producers who own working interests in leases containing add-back clauses would benefit from contacting an experienced attorney for further evaluation on this evolving area of the law and on whether Sheppard applies to its leases. Communications include firm news, insights, and events.

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Texas Supreme Court Update: TRO-X Lives to Fight Another Day in Contractual Dispute over Share of Income on Production from Equitable Interests

The Energy Law

Factual and Procedural Background TRO-X and Eagle entered into an agreement to buy and sell certain leases, sharing the cash and mineral interest proceeds derived from such sales (the “Agreement”). Eagle’s res judicata and statute of limitations defenses were both premised on this flawed understanding of when the legal injury occurred.

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