Applying current Texas Oil and Gas Law to micro-tract owners in urban areas ripe for horizontal drilling is often like attempting to put a square peg into a round hole. The Law was written with vertical drills and large and small, but not micro-sized, rural tracts in mind. Inside large metropolitan areas where tracts often […]
Applying the Rule of Capture to Residential Subdivions in the DFW Area Read More »
Before you lease your mineral rights, make sure that you know what you have so that you understand what you are giving up. Contrary to popular opinion, not all mineral rights are the same. The value of your rights depends on the location of your land, the location of nearby wells, the production of nearby
Before You Lease Your Minerals, Check the Facts Read More »
Check out these links from Texas A&M Law Review’s 6th Annual Energy Symposium. Ian Ghrist from Ghrist Law Firm was proud to be a presenter and to talk about mineral rights in urban parts of Texas. Speaker Snapshot Video Electronic Symposium Materials
Texas A&M Law Review – 6th Annual Energy Symposium Read More »
Virtually all mortgage loans are drafted to encumber the mineral estate with a lien. Lender consent is generally expressly required to lease the minerals. Despite this requirement, many operators, particularly in urban areas have become lax about obtaining subordination agreements. To solve the problem, Bill HB 2590 was promoted, which passed the Texas House and
