Mineral Rights: What Does it Mean When You Own Minerals in Texas?
Texas has a highly developed and nuanced body of law governing mineral ownership. It provides private individuals with mineral ownership and broad latitude in the sale of minerals. Texas also has a robust body of law around mineral sales and extraction. Private Ownership In Texas, the owner of the land also owns the mineral rights […]
US Shale v. Laborde and the Death of the Fixed Nonparticipating Royalty Interest?
Welcome to WordPress. This is your first post. Edit or delete it, then start writing! Differentiating between fixed and floating nonparticipating royalty interests (“NPRI”) has always been a conundrum plaguing examiners who determine mineral ownership. In 2018 the recent Texas Supreme Court opinion in US Shale Energy II, LLC v. Laborde only exacerbated the confusion […]