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Mineral Rights Royalties Mineral Extraction

Newburn Law

Planning For Mineral Rights: Essential Strategies

Newburn Law on

Planning for mineral rights is a crucial aspect of estate planning, specifically for landowners with valuable mineral assets. Mineral rights can significantly impact the value and management of an estate, and proper planning...more

Gray Reed

Floating Beats Fixed in Another Royalty Dispute

Gray Reed on

Recent Texas royalty cases seem to feature litigants on the fixed royalty side trying, more often than not in vain, to escape the clutches of Van Dyke v. Navigator and Hysaw v. Dawkins. See those decisions for the history of...more

Gray Reed

“Floating” Beats “Fixed ” in Texas Royalty Reservation

Gray Reed on

If you are scoring at home, count Permico Royalties LLC v. Barron Properties, Ltd., as a win for “floating” in the fixed-or-floating royalty battles. Permico, successor to grantors in a 1937 Deed for a tract in Ward County,...more

Gray Reed

Will the Fixed or Floating Suits Ever End?

Gray Reed on

Rhetorical Question: When will Texas be done with fixed/floating royalty cases such as Johnson et al v. Clifton et al? Rhetorical Answer: When scriveners of deeds that are open to eight conceivably plausible meanings...more

Gray Reed

Who Bears the Burden of a Newly Discovered Non-Participating Royalty Interest?

Gray Reed on

The question in Brooke-Willbanks v. Flatland Mineral Fund LP, et al was which party to a Texas mineral deed would bear the burden of two previously reserved nonparticipating royalty interests....more

Jones Day

Supreme Court of New South Wales Rules on Mineral Sales Royalties Default

Jones Day on

Default in paying monthly mineral sales royalties leads to an obligation to pay up front the present value of future royalties. A decision (Thalanga Copper Mines Pty Ltd v Cromarty Resources Pty Ltd [2021] NSWSC 640 (4 June...more

Gray Reed

Texas NPRI Burdened with Post-Production Costs

Gray Reed on

BlueStone Nat. Res. II, LLC v. Nettye Engler Energy, LP is another Texas case deciding whether language creating a nonparticipating royalty interest prohibited deduction of post-production costs. (Spoiler alert: it didn’t....more

Gray Reed

My Operator is Making Money … Part 2, The Operator’s Response

Gray Reed on

The threat: You, the operator, are operating unprofitable wells where monthly costs exceed or barely equal revenues, making money on the fixed COPAS overhead charges. Your non-operators are going into the economic hole and...more

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