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New Mexico Gambles on Higher Royalties as Oil Prices Tank

OilPrice

a barrel since Januaryhovering uncomfortably around $68New Mexico lawmakers just gave oil producers something else to stew over: higher royalty rates. The bill raises the maximum royalty rate on the states premium oil and gas leases from 20% to 25%the first change since 1970, when disco was en vogue and the EPA started

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WV Legislature Advances Bill to Fine Drillers for Royalty Nonpayment

Marcellus Drilling News

Some O&G producers in West Virginia are gaming the system by not paying landowners/rights owners the royalties they are due. The post WV Legislature Advances Bill to Fine Drillers for Royalty Nonpayment first appeared on Marcellus Drilling News. Typically, this does not apply to shale drillers, mostly larger companies.

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Large Appalachia Mineral/Royalty Packages Available for Bid Now

Marcellus Drilling News

Earlier this week, MDN told you about a mineral/royalty rights purchase made by WhiteHawk Energy, increasing its ownership interest in 475,000 gross acres in the Marcellus Shale for $118 million (see WhiteHawk Energy Doubles Ownership Interest in 475K Marcellus Acres).

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TOPAZ REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS INCLUDING RECORD ROYALTY PRODUCTION AND ANNOUNCES DIVIDEND INCREASE

Oil & Gas 360º

TOPAZ REPORTS FIRST QUARTER 2025 FINANCIAL RESULTS INCLUDING RECORD ROYALTY PRODUCTION AND ANNOUN…

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Elk Range Royalties closes $905 million acquisition of DJ Basin assets

Oil & Gas 360º

(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). In February 2025, NGP and the Elk Range team established Elk Range Royalties III.

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WV Supremes Hear Oral Arguments in 2 Important O&G Royalty Cases

Marcellus Drilling News

The West Virginia Supreme Court was scheduled to hear two significant oil and gas royalty disputes during a morning session today. Both cases center on whether natural gas companies can deduct post-production costs from royalty payments and, if so, under what circumstances. The first case,

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Two Decisions by Eastland Court of Appeals on Fraction-of-Royalty Issue

Oil and Gas Lawyer

Another case interpreting a royalty reservation in an old conveyance has been decided by the 11th Court of Appeals in Eastland: Boren Descendants and Mabee Descendants v. The deed reserves “an undivided one-fourth (1/4th) of the usual one eighth (18th) royalty.” Fasken Oil and Ranch, Ltd. , two consolidated appeals, Nos.

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