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US Shale v. Laborde and the Death of the Fixed Nonparticipating Royalty Interest?
August 21, 2025

August 21, 2025
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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….