Panel: Royalties Should Be Allocated Proportionately To Mineral Interest Owners

(January 11, 2024, 8:12 AM EST) -- EL PASO, Texas — A Texas appellate panel has reversed and remanded a trial court’s decision, ruling that the burden of the state’s nonparticipating royalty interest (NPRI) in hydraulic fracturing operations is to be allocated proportionately to all mineral interest owners in accordance with their respective interests....