Royalty:

2 Plead Guilty in $30 Million Texas Royalties Scam

Prosecutors say a Central Texas lawyer and his business associate have pleaded guilty in a $30 million scam involving bogus oil and gas investments. Robert Allen Helms and Janniece S. Kaelin, both of Austin, each…

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Tax Changes Coming for Royalty Owners?

Without a doubt, much attention is being paid to the big changes taking place in Washington, D.C. with the start of the presidency of Donald Trump. While most of the focus has been on Mr….

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Devon Sued for Underpaying Royalties in Barnett Shale

Devon Energy is being sued for allegedly using sham transactions to underpay thousands of property owners in North Texas millions of dollars in royalties from natural gas processed through a Bridgeport plant. The Devon case…

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ND Oil, Gas Royalty Owners Concerned About Big Deductions from Checks

Oil and gas royalty owners are seeing more deductions from their checks but companies aren’t adequately explaining why, a former North Dakota state representative said. Bob Skarphol, a Republican from Tioga who recently retired from…

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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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