For class action lawsuits filed by royalty owners, I am told by a sharp attorney:
The more fair and ethical states are: CO, KS, OK WV
The very bad states are: AR and LA
The horrible state is: TX
What about ND and others?
There are good royalty owner states (KS, OK, CO, WV) and bad royalty owners states (LA, AR) and horrible (TX)
Mr. Malone - Is there a hidden benefit to your message? All I see is a way to pit mineral owners by state against one other. If I'm missing something, my apologies Sir.
It is always about learning.
This is something I have been aware of also.. I wouldn't say that it means less problems in one state or another, but I have seen a pattern of dispute resolutions being better in some states than others.
There is no doubt that Texas is an Operator's paradise.
Buddy Cotten
As it should be. Mineral owners don't develop the minerals, and create thousands of jobs, or lay off thousands of people - whichever the case may be.
We have had really good luck in NM. Add NM as a good state.
Miss Lee,
Thank you very much for your very valuable input!! I will add it to the list as a "good" state.
I love intelligence!
Bob Malone, Malone Petroleum Consulting
At least in my experience, ND is a nightmare.
Janie, good to know. I have a royalty interest client very interested in ND. Thanks!
Operators who believe this should go to a country besides US and Canada which are the only places I know of with freehold minerals.
Buddy Cotten said:
Dave Quincy said:
As it should be. Mineral owners don't develop the minerals, and create thousands of jobs, or lay off thousands of people - whichever the case may be.
What does that mean? There are many operators who develop minerals domestically and internationally. Oil companies do hire thousands during booms, and lay off thousands during busts. There really is nothing to believe or disbelieve. It goes more to a matter of fact. It's like saying that the sun rises in the east.
Maybe mineral owners who don't believe this, should go to New York and own minerals, where the state doesn't allow any development of oil & gas. Last I looked, there were zero rigs operating in the Empire State.
Bill Francis Trosper said:
Operators who believe this should go to a country besides US and Canada which are the only places I know of with freehold minerals.
Buddy Cotten said:
Dave Quincy said:
As it should be. Mineral owners don't develop the minerals, and create thousands of jobs, or lay off thousands of people - whichever the case may be.