Imagine my surprise to learn that only 2% of Texans own minerals rights. The rights of 2% of Texans override the rights of 98% of Texans. Tricia Davis who is the president of the Texas Royalty Council wrote an essay supporting HB40, the bill … [Read more...]
Royalty owners’ arrogance and entitlement will be their undoing
Sadly, my experience with most royalty owners has been that they are arrogant and entitled. Here is an example from a Twitter conversation. If you haven't seen it yet, check out @saeverley article regarding EPA's creative coverup. … [Read more...]
Royalty Payments and Other Ways Fracking Screws Us
So, you thought you were going to get rich off shale oil and gas royalties. I've said before, the only ones getting rich are the drillers and frackers and large land owners. And as I've also said before: Someday our children will ask how much we got … [Read more...]
Attorney loses license for misappropriating elderly clients mineral rights.
Yoakum attorney admits to misappropriating elderly client's money Story by Sonny Long, June 24, 2013 at The suit claimed Kvinta "fraudulently induced (Steen) to enter into" agreements to sell 110.762 acres of land and lease the mineral … [Read more...]
Range Resources to pay $87.5 million in Oklahoma royalty settlement
In April we learned that Range Resources set aside $35 million for the Oklahoma royalty lawsuit. That wasn't quite enough. They will need another $52.5 million. The memorandum of understanding, which is expected to result in the execution of a … [Read more...]
Chesapeake shorting royalty owners
Four years ago DFW airport officials disagreed with how Chesapeake Energy was paying royalties. The lawsuit from that disagreement has just been settled and duck taped. "The case has been removed from the trial docket to allow the parties to … [Read more...]
New Resource for Royalty Owners: Royalty Owner Report
From the Royalty Owner Report website: At Royalty Owner Reports, our mission is to be an advocate for royalty owners by providing them with accurate and comprehensive reports that verify the information that they receive on their royalty … [Read more...]
Barnett Shale "Good Neighbor" Range Resources busted for cheating mineral owners
Cheating mineral owners on their royalty payments happens all the time.Landowners settle with Marcellus Shale drillerFriday, July 23, 2010By Torsten Ove, Pittsburgh Post-GazetteSome 2,000 landowners in Pennsylvania will receive a share of $1.75 … [Read more...]
Chesapeake Energy Cheating Royalty Owners
Platts, an INDUSTRY publication, is full of interesting information about Chesapeake and royalty shenanigans.Mediation talks in October failed so a contract violation lawsuit is in the works having to do with DFW Airport royalty payments. The … [Read more...]
Range Resources Manipulates Royalty Owners with False Choice
This is the most disgusting appeal to greed that I've seen yet from the natural gas industry. In this letter, Range Resources asks their royalty owners to make a choice: Clean air and safe wateror Free Money This is a false choice! Royalty … [Read more...]
They Signed a Mineral Lease but Never Got Paid
"I feel for everyone in this neighborhood," she said, "because the gas companies have hurt our neighbors repeatedly, and now they are rubbing our faces in it."Worth the Paper They're Written OnWho knew? Just because you have a contract with a natural … [Read more...]