Royalty Payments:

Discussion of royalty payments

Devon Appeals Class Action Ruling in Royalty Suit

Devon Energy contends that a Dallas federal judge ignored state law when he allowed a class-action lawsuit to go forward accusing it of using sham transactions to underpay thousands of property owners in North Texas…

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PA Mineral Owner Wins Challenge on Royalty Deductions

For more than four years, the natural gas company tapping the Marcellus Shale beneath Paul Sidorek’s 150-acre property in rural northeastern Pennsylvania took deductions for preparing and shipping his share of the gas. The deductions…

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ROYALTY PAYMENTS

Royalty payments are the share of the production of oil and gas paid to the owner of the minerals (the lessor). Along with the signing bonus, royalty payments are the primary source of income to…

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