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Understanding Royalty Taxes – Part 6 County Ad Valorem!
June 28, 2019
One last tax that anyone selling royalties should know about is the county ad valorem tax, a tax that applies to mineral ownership only and not to the income earned when you...
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Factors Involved in Establishing Gas and Oil Royalty Rates!
October 18, 2016
The determination of rates for oil and gas royalties is complicated. Influenced by different elements, royalty rates fluctuate from day to day, an important fact for owners of royalties to understand. There is no one set rate, since conditions that dictate oil and gas royalties change depending on...
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Why Are There So Many Unclaimed Oil and Gas Royalties in Texas?
September 5, 2016
The process of leasing oil rights, then making royalty payments to owners should seem pretty straightforward. Energy companies contract with mineral rights owners, drill wells, and pay their agreed portion to the owners as part of a business arrangement that is very common in states like Texas. Yet...
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