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Energy & the Law

Tag Archives: fractional royalty

Here We Go Again: Fractional Royalty or Fraction of a Royalty?

Posted in Royalty Disputes

“Blood may be thicker than water, but oil is thicker than both.”  J. R. Ewing. This family dispute among Ethel’s descendants arose when Ethel’s will employed double fractions in bequeathing royalty interests to her children. Did the instrument create a fixed fractional royalty or a floating fraction of royalty? Straight to the takeaway Don’t like math? Avoid… Continue Reading