Oil & Gas 360º

JUNE 3, 2025

(Oil & Gas 360) –MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. Pro forma Viper is now clearly a must-own public mineral and royalty company in North America, with attractive size and scale in the Permian Basin. per share annually ($0.33

Royalty 130

Royalty Energy Energy Basin 130

Oil and Gas Lawyer

JUNE 10, 2025

It also owns a 1/8 th royalty on oil, gas and other minerals produced from the land. Underground Services Markham , No. 22-0878, the Texas Supreme Court removed any doubt that pore space is owned by the owner of the surface estate, not the mineral estate. Myers Woodward owns the surface estate of 160 acres in Matagorda County.

Royalty 200

Royalty Gas Oil IT 200

Oil & Gas 360º

APRIL 2, 2025

Chevron will retain a 30% non-operated working interest in a joint venture with TGNR and an overriding royalty interest in the assets. Tokyo Gas and CCI own an approximate 93% and 7% interest in TGNR, respectively. The transaction is anticipated to generate over $1.2

Royalty Interest 130

Royalty Interest Gas Royalty Operator 130

The Energy Law

MARCH 15, 2023

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. The lessees owned working interests in certain oil and gas leases that were executed in 2007.

Royalty 98

Royalty Gas Oil Downstream 98

The Energy Law

JULY 10, 2023

Accordingly, auditing of royalty payments was left to the Mineral Board’s internal accountants, and when an issue arose as to whether royalty payments were made correctly, the Mineral Board’s land personnel and internal counsel would oversee sending demands and pursuing litigation against the State’s mineral lessees and well operators.

Royalty 98

Royalty Natural Gas Gas Operator 98

Aresco

JULY 17, 2024

Investing in oil and gas royalties involves purchasing the rights to receive a portion of the revenue generated from the production and sale of oil and gas from a particular property or lease. Passive Income : Oil and gas royalties can provide investors with a source of passive income.

Royalty 52

Royalty Gas Oil Exploration and Production 52

Oil and Gas Lawyer

NOVEMBER 7, 2024

04-23-00106-CV, the San Antonio Court of Appeals was asked to construe a royalty reservation in a 1960 deed: There is saved, excepted and reserved, in favor of the undersigned, B.A. Said interest hereby reserved is Non-Participating Royalty. Puig, Jr., as his own property free of cost forever. Nationsbank , 939 S.w.2d 2d 118 (Tex.

Casing 130

Casing Royalty Exploration and Production Downstream 130

Marcellus Shale Coalition

APRIL 10, 2025

With a world-class microgrid backed by regionally produced natural gas, travelers through the Pittsburgh International Airport (PIT) can rest assured grid failures wont keep them from reaching their destination. Natural gas isnt just a fuel its the cornerstone of modern energy security. And natural gas is delivering.

Gas 116

Gas Natural Gas Royalty Consulting 116

Marcellus Shale Coalition

MAY 12, 2025

Pennsylvanias economy moves on natural gas and lawmakers must consider the fundamental role of this home-grown energy resource in policies going forward. Heres what he has shared: A Catalyst for Economic Growth Over the past decade, the natural gas industry has been a transformative force in Pennsylvania. The program has provided $2.7

Natural Gas 104

Natural Gas Gas Royalty Manufacturing 104

Permian Basin Oil and Gas Magazine

MARCH 28, 2025

Dallas-based Elk Range Royalties said recently it acquired Newton Financial Corp., Collectively they own mineral and royalty interests across the Permian Basin in west Texas and Eagle Ford in south Texas. Elk Range buys mineral and royalty interests across multiple U.S. Concord Oil and Mission Oil.

Royalty 59

Royalty Basin Royalty Interest Spud-in 59

Producer's Edge

MARCH 25, 2025

The lease royalty case Carl v. 2024) involved a dispute over whether the lessee was permitted to deduct volumes of gas used off the premises to power post-production activities on other gas produced from the same well. The lease provided for a royalty calculated based on the “market value at the well.”

Royalty 52

Royalty Gas Downstream Operator 52

Producer's Edge

MARCH 25, 2025

The lease royalty case Carl v. 2024) involved a dispute over whether the lessee was permitted to deduct volumes of gas used off the premises to power post-production activities on other gas produced from the same well. The lease provided for a royalty calculated based on the “market value at the well.”

Royalty 52

Royalty Gas Downstream Operator 52

The Energy Law

MARCH 7, 2023

In the context of antiquated oil and gas conveyances including a double fraction that includes “one-eighth,” the Court affirmed this principle by holding that such language gives rise to a rebuttable presumption that “one-eighth” refers to the entire mineral estate. The Texas Supreme Court recently released its opinion in Van Dyke v.

Royalty 98

Royalty Royalty Interest Instrumentation Gas 98

Valor

JUNE 12, 2025

Now under Senate review, the 1,100+ page bill includes a range of provisions that affect multiple energy sectors, including oil and gas, electric vehicles (EVs), and renewable energy. Contact Are you ready to transform your oil and gas assets? Here’s a factual summary of how the bill intersects with U.S.

Gas 91

Gas Oil Royalty Energy 91

The Energy Law

JULY 1, 2021

Sheppard is a royalty dispute between several lessees, Devon Energy Production Co., concerning a novel royalty term that may have a huge impact on the way oil and gas royalties are paid in the future. Devon Energy Production Company, L.P. and several lessors, Michael A. Sheppard, et. Factual Background and Issue.

Royalty 59

Royalty Casing Gas Oil 59

Permian Basin Oil and Gas Magazine

APRIL 4, 2025

Plano-based Mentor Capital said last week it purchased 25.127 net royalty acres in a 71-well producing project in Permian Basin. Mentor said its royalty stream is equivalent to 12.5 percent of oil and gas revenues for its acreage.

Royalty 52

Royalty Basin Natural Gas Barrel 52

Oil and Gas Lawyer

JANUARY 13, 2025

In 2002 Hahn conveyed the tract to William and Lucille Gips, reserving an undivided one-half non-participating interest in and to all of the royalty [Hahn] now owns (same being an undivided one-half of [Hahn’s] one-fourth or an undivided one-eighth royalty) … Continue reading

Royalty 130

Royalty IT Casing 130

Enverus

JUNE 3, 2025

In response to today’s announcement that Viper Energy, a subsidiary of Diamondback Energy, would acquire Sitio Royalties Corp for $4.1 Now, for just the second time Enverus has tracked, two publicly traded minerals companies are combing with Viper Energy Partners buying Sitio Royalties for $4.1 billion inclusive of net debt.

Royalty 130

Royalty Basin Royalty Interest Upstream 130

Permian Basin Oil and Gas Magazine

APRIL 1, 2025

Dallas-based Elk Range Royalties said recently it closed a deal to acquire 250,000 net royalty acres from affiliates of Occidental Petroleum for $905 million. Elk Range Royalties buys mineral and royalty interests across multiple U.S. Elk has deployed more than $1.2

Royalty 52

Royalty Royalty Interest Spud-in Basin 52

Oil & Gas 360º

MAY 12, 2025

(Oil & Gas 360) – Publisher’s Note: CanCambria Energy will be presenting at EneCom Denver – The Energy Investment Conference on August 17-20, 2025. The company holds 100% working interest and 98% net royalty interest across the greater BA-IX mining license at the Kiskunhalas project. BCF natural gas and 53.2

Gas 130

Gas Exploration and Appraisal Energy Energy 130

BOE Report

MARCH 28, 2025

Upstream oil companies ramped up hiring in February, the Texas Independent Producers and Royalty Owners Association (TIPRO) said on Friday, marking the second straight month of growth.

Upstream 86

Upstream Royalty Oil Gas 86

Marcellus Shale Coalition

APRIL 1, 2025

You cant live in todays modern society without the benefits of natural gas development. Its also enhancing the broader Neighborhood 91 Area the Allegheny County Airport Authority (ACAA)s manufacturing campus by readying the site as a hub for alternative transportation fuels, including Sustainable Aviation Fuel and Compressed Natural Gas.

Natural Gas 98

Natural Gas Gas Manufacturing Transportation 98

Texas Oil & Gas Attorney

JUNE 14, 2024

In a recent case, the Texas Supreme Court considered whether interest on late royalty payments was supposed to be simple or compound interest. When Samson paid previously unpaid royalties to the Plaintiff, it included simple interest. In Samson Exploration, LLC v. Bordages, 662 S.W.3d 3d 501, 2024 (Tex.

Royalty 52

Royalty Casing Oil Sustainable 52

Oil Gas Leads

JUNE 13, 2025

The deal adds ~13,320 net acres and 8,700 net royalty acres to PR’s core position in Eddy County , boosting near-term production and providing long-term development upside. Permian Resources Corp. (PR) PR) has announced a $608 million bolt-on acquisition from APA Corp. enhancing its footprint in New Mexico’s northern Delaware Basin.

Basin 52

Basin Consulting Royalty Completion 52

The Energy Law

APRIL 4, 2023

While 30:10 was amended during the 2022 legislative session, the amendment preserved the limited obligation of remitting the royalty and overriding royalty burdens to the nonparticipating owner for the benefit of the royalty and overriding royalty owners.

Royalty 98

Royalty Operator Royalty Interest E&A 98

The Energy Law

MARCH 31, 2021

While the Court is no stranger to interpreting (and often muddling) the familiar royalty clause interpretation questions surrounding the first issue, in a case of first impression, the Court also analyzed the breadth of a lease’s free-use clause. after deductions), resulting in lower royalty payments for the royalty owners.

Royalty 52

Royalty Gas Oil Downstream 52

The Energy Law

JUNE 4, 2007

Hunter MMS has announced proposed amendments to its deep gas royalty relief regulations under the Energy Policy Act of 2005. The additional relief will only be available in years when the annual NYMEX natural gas price is at or below $4.47/MMBtu MMBtu expressed in 2006 dollars. Click here to read the Notice.

Royalty 40

Royalty BCF Offshore Natural Gas 40

The Energy Law

JUNE 8, 2020

With the prevalence of cases involving royalty disputes in Texas, the state’s Supreme Court has never hesitated to address these issues. But the Court’s sporadic holdings regarding royalty clauses, each so specific to the particular language of the lease, have left lessees on unsteady footing. Heritage Res., NationsBank , 939 S.W.2d

Royalty 52

Royalty Exploration and Production Downstream Transportation 52

Valor

JUNE 10, 2025

A mineral lease grants an operator the right to explore for and produce oil, gas, or other minerals from your property. In exchange, you can receive a bonus payment upfront and ongoing royalties from production. Royalty Rate : The percentage of production revenue you’re entitled to.

Management 52

Management Royalty Exploration and Production Operator 52

BOE Report

MAY 21, 2025

Bakersfield, CA, May 21, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (Trio or the Company), a California-based oil and gas company, today is pleased to announce that it has closed on the balance of certain petroleum and natural gas properties held by Novacor Exploration Ltd.

Oil 106

Oil Petroleum Gas Completion 106

Oil & Gas 360º

MAY 8, 2025

The deal, valued at $608 million, includes 13,320 net acres, 8,700 net royalty acres and 12,000 Boe/d directly offset Permian Resources core New Mexico operating areas. (World Oil) – Permian Resources has reached an agreement to buy core assets in the Delaware basin from Apache parent company APA Corp.

Basin 130

Basin Royalty Operator Utilities 130

The Energy Law

FEBRUARY 22, 2024

Jan 12, 2024) concerns how three related provisions in an oil and gas lease interact: (1) a royalty clause; (2) a free-use clause; and (3) an off-lease clause. Related to royalty provisions are “free-use clauses” and “off-lease clauses.” Lessees often use gas produced from a leased premises to power those processes.

Royalty 52

Royalty Gas Oil E&A 52

The Energy Law

APRIL 6, 2010

Ross, a mineral interest owner, brought a breach of contract, unjust enrichment, and fraud action against natural gas lessee, Shell. He further alleged that Shell sent him royalty statements containing false representations that the royalties were based on actual sales prices. February 25, 2010, no pet.

Royalty 40

Royalty Natural Gas Gas IT 40

The Energy Law

FEBRUARY 19, 2008

15, 2008), the Texas Supreme Court again addressed the propriety of class actions for gas royalty claims. The class affirmed the denial of two subclasses, but reversed the denial of a third subclass of royalty claimaints. Phillips Petroleum Co. , 03-0824 (Feb. The Court upheld the denial of class treatment.

Royalty 40

Royalty Petroleum Casing Gas 40

Valor

JUNE 11, 2025

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. Without it, operators may not pay royalties, you may not receive tax notices, and your asset’s value could be diminished.

Management 52

Management Royalty Interest Royalty Casing 52

Oil Gas Leads

JUNE 14, 2025

The report underscores a clear pivot: natural gas production growth in the Eagle Ford is expected to stall and decline into 2026 , primarily due to fewer drilling and completion activities planned by operators. Gas Forecast One of the most significant adjustments in the June forecast was a 700 MMcf/d reduction in the EIA’s 2026 U.S.

Basin 52

Basin Dry Gas BCF Operator 52

The Energy Law

JANUARY 24, 2007

The Associated Press reported today that a federal jury found Kerr McGee liable for additional royalties on crude oil produced from federal properties and sold through Texon. Kerr McGee had denied the allegations and claimed that no additional royalties were owed. Kerr McGee has indicated that intends to appeal the verdict.

Royalty 40

Royalty Casing Oil Crude Oil 40