You Never Give Me Your Money - Some Common Oil & Gas Royalty Disputes
Natural gas and oil development, especially in shale plays that require a lot of wells and a lot of activity, can be inconvenient and noisy. There are also, of course, various criticisms and protests around some of the processes used, such as hydraulic fracturing, and around the overall level of activity, such as truck traffic. The gas and oil producing industry values strong relationships with the communities where it needs to work, and can use all the friends it can get as it takes the lead in developing the nation’s vast energy resource. Bringing big economic benefits to those communities, which are often rural or industrial areas hard-hit by economic downturns, is clearly really important in the efforts to build those relationships and friendships. There are a lot of different kinds of economic benefits deriving from supply development, but by far the most important to the affected landowners are the royalties resulting from private mineral rights. Today we continue our examination of the inner workings of oil and mineral rights issues, this time considering some common oil and gas royalty disputes.