Tag Archives: non-participating royalty interest

Executive Right Owner Could Be Liable for Failing to Forward Royalty Payments

By Charles Sartain on November 8th, 2012 Posted in Land Titles, Lease Disputes, Litigation

The ghosts of Clinton Manges and people like him continue to haunt executive right owners in Texas. In the 1980’s, Mr. Manges’ abuse of his non-participating royalty owner inspired the Texas Supreme Court to re-affirm the obligations of an executive right owner to the NPRI owner: “utmost fair dealing” and a fiduciary duty. In Friddle v. Fisher an appellate court… Continue Reading

What is the NPRI Owner’s Share of Production?

By Charles Sartain on March 22nd, 2012 Posted in Land Titles

With apologies to Click and Clack, from time to time I will post ”puzzlers”, questions about title and similar issues that have no apparent answer. Here is the first one: Joe Bob Joiner owns a non-participating royalty interest under a tract. The amount of interest he owns is tied to the amount of royalty stated in any lease affecting… Continue Reading