1.0Texas Agriculture Lawhttps://agrilife.org/texasaglawtiffany.dowellrich600338<blockquote class="wp-embedded-content" data-secret="82jhBXmEMF"><a href="https://agrilife.org/texasaglaw/2015/08/12/fixed-v-floating-royalty-clauses/">Fixed v. Floating Royalty Clauses</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://agrilife.org/texasaglaw/2015/08/12/fixed-v-floating-royalty-clauses/embed/#?secret=82jhBXmEMF" width="600" height="338" title="“Fixed v. Floating Royalty Clauses” — Texas Agriculture Law" data-secret="82jhBXmEMF" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://agrilife.org/texasaglaw/wp-includes/js/wp-embed.min.js /* ]]> */ </script> https://agrilife.org/texasaglaw/files/2013/12/rig.jpg22881712Earlier this month, the San Antonio Court of Appeals issued two opinions in cases where the dispute centered around whether mineral reservations in a deed reserved a fixed or floating royalty.  These cases offer important illustrations of the care that must be used when negotiating not only mineral leases, but also when negotiating the sale or reservation of mineral interests. Legal Background A mineral owner may create a royalty interest out of either the total production achieved under a lease or based upon the landowner’s royalty interest. A... Read More →