In Myers-Woodward, LLC v. Underground Services Markham, LLC et al, (discussed previously) the parties disagreed on how to calculate Myers’ royalty on salt produced by Underground. The 1947 mineral ...
With crude oil trading in the $60 range and with natural gas at a new price deck, oil and gas producers have an incentive to market and trade their production downstream of the wellhead. With crude ...
Let’s assume you own 165 acres in Tioga County. In 2019, you sign a new oil and gas lease with ABC Drilling. You negotiate an 18% net royalty. The royalty clause ...