Disputes Involving Oil and Gas Royalties
In the United States’ economy, mineral rights—oil and natural gas, in particular—have increasingly become a critical asset for many property owners. When a resource like oil or natural gas is found beneath a property owner’s land, oil and gas companies may wish to extract those resources. To compensate land owners, these companies will offer royalties in exchange for the mineral rights to those resources. Unfortunately, the exact terms of those royalties often become subject to dispute and will need to be resolved with the help of experienced legal counsel. This process of negotiations can be exceedingly complex for anyone who is not well-versed in the laws governing royalties associated with mineral rights.
Common Oil and Gas Royalty Disputes
While disputes may arise over a number of different issues, our Dallas legal team has found the following issues to most commonly be a source of dispute:
- Claims for failure to appropriately market production
- Claims for post-production cost deductions
- Market value royalty claims
Whatever the circumstances, our Dallas legal team may aggressively defend you and your rights under the terms of your agreement with any oil or gas company.
Consult With A Dallas Oil and Gas Royalty Dispute Attorney
At Gagnon, Peacock & Vereeke, P.C., our Dallas oil and gas royalty dispute attorneys understand the complexities that are inherent in these disputes and have the experience to help you develop a comprehensive legal strategy to protect your interests. To discuss the particulars of your dispute with a knowledgeable member of our legal team, please call our Dallas offices at (214) 317-4448 today.