article thumbnail

Viper’s Royalty Model: Worth a Look

Permian Basin Oil and Gas Magazine

Post-deal, Viper will have exposure to 75 percent of Diamondback’s planned wells over five years, with a 6 percent net royalty interest. The recent Quinn Ranch acquisition and a pipeline of 1,191 future development wells further expand Viper’s footprint and growth prospects.

Royalty 59
article thumbnail

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

Costs incurred by subsequent purchasers, however, would not be included because they were not included in the lessees’ contract at the point of sale.

Royalty 98