What Does It Mean to Own Mineral Rights 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?
US Shale v. Laborde and the Death of the Fixed Nonparticipating Royalty Interest? This article examines the Texas Supreme Court’s decision in U.S. Shale Energy II, LLC v. Laborde Properties, L.P., how the court approached fixed and floating nonparticipating royalty interests, and why a close reading of the complete instrument matters to Texas mineral and […]