In this case (Scout Energy Mgmt., LLC v. Taylor Properties, No. 23-1014, 2024 WL 5249490 [Tex. Dec. 31, 2024]), the Texas Supreme Court held that vague notations on shut-in royalty check receipts cannot modify an unambiguous...more
5/29/2025
/ Appeals ,
Breach of Contract ,
Commercial Leases ,
Contract Disputes ,
Contract Interpretation ,
Dispute Resolution ,
Mineral Leases ,
Oil & Gas ,
Royalties ,
Texas ,
TX Supreme Court
In Myers-Woodward, LLC v. Underground Services Markham, LLC, No. 22-0878, 2025 WL 4356581 (Tex. May 16, 2025), the Texas Supreme Court resolved two significant issues affecting mineral owners and surface owners: (1) who owns...more
5/19/2025
/ Contract Disputes ,
Contract Interpretation ,
Mineral Exploration ,
Mineral Extraction ,
Minerals ,
Natural Resources ,
Net Profits ,
Oil & Gas ,
Popular ,
Property Ownership ,
Real Estate Transactions ,
Royalties ,
SCOTUS ,
Surface Owner ,
Texas ,
TX Supreme Court
A lessee who halts production for less than 40 days and resumes without drilling or reworking does not terminate the lease. The continuous development clause keeps the lease active, and the cessation clause allows resumed...more
5/8/2025
/ Actual Costs ,
Appeals ,
Business Litigation ,
Contract Disputes ,
Contract Interpretation ,
Dispute Resolution ,
Gas Royalties ,
Mineral Leases ,
Oil & Gas ,
Popular ,
Postproduction Costs ,
Royalties ,
Summary Judgment ,
Texas ,
Well Drilling
In this recent case, the Texas Supreme Court resolved whether ratification of a lease or signing of a stipulation agreement could transform a fixed non-participating royalty interest (NPRI) into a floating NPRI....more
5/5/2025
/ ConocoPhillips ,
Contract Disputes ,
Contract Interpretation ,
Contract Modification ,
Dispute Resolution ,
Gas Royalties ,
Leases ,
Mineral Leases ,
Mineral Rights ,
Oil & Gas ,
Property Owners ,
Ratification ,
Real Estate Transactions ,
Royalties ,
Texas ,
TX Supreme Court