As of the current printing of this book, Texas is the only state allowing production revenues to be withheld from an owner, and interest...

Leasehold royalty owners are exempt from bearing any of the costs of exploring, drilling, equipping, and producing oil or gas from the...

More than a few Lessors have experienced a demand by a Lessee to return signing bonus or royalties paid, when the Lessee discovers the...

Also called “NPRI” by analysts, a non-participating royalty gets its name from its non-participation in signing bonus, delay rentals,...