A ballot fight in Erie, Colorado could unwind a $35 million mineral deal, an Arkansas court just handed royalty owners a win on post-production deductions, and oil prices are once again bouncing around based on whatever the headlines say about Iran that day. In this month’s news roundup, we break down what’s really happening in Erie and why the outcome may matter less than residents think, we unpack a class-action ruling that reinforces one of the most important lessons in mineral ownership (your lease language rules everything), and finally we analyze the latest oil price news and what might come next. We also look at what a small but steady rise in the rig count tells us about where operators think prices are headed. If you own minerals or royalties, this is your monthly download on what’s changing and what it means for your bottom line. Let’s get into it.
Please let me know if you come across any interesting articles that you would like us to cover in a future episode!
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This Month’s Mineral Rights News Articles:
- Controversial mineral-access deal takes Erie’s oil and gas battle to a new level: ‘We have been fracked enough’
- Appeals Court rules in favor of landowners in oil and gas royalty dispute – KVOM 101.7
- Oil prices fall on hopes Strait of Hormuz could reopen
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