Texas Court Clarifies Who is a “Payor” under the Texas Division Order Statute
In a case of first impression, The Eastland Court of Appeals recently held that Tex. Nat. Res. Code § 91.402 (the “Texas Division Order Statute”) does…
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Texas Supreme Court Exempts Oil and Gas Conveyances from the Rule Against Perpetuities
The rule against perpetuities (“RAP”) and its archaic and frequently confusing interpretation of when an interest is “vested” has plagued generations of law students and property…
Maintaining an Oil and Gas Lease Beyond the Primary Term
In Hardin-Simmons Univ. v. Hunt Cimarron L.P., No. 07-15-00303-CV, 2017 Tex. App. LEXIS 6934 (Tex. App.-Amarillo July 25, 2017), the court evaluated the terms of an oil…
Can Consent of an Assignment be Withheld Arbitrarily?
In Carrizo Oil & Gas, Inc. v. Barrow-Shaver Res. Co., No. 12-15-00083-CV, 2017 App. LEXIS 821 (Tex. Civ. App. -Tyler January 31, 2017) the Court of…