Pumpjacks in an oil field. Stock photo. Bad Faith: a Texas Lawmaker is Seeking a Legislative Remedy to this Judicial Problem
"You've got a lot of people that are participating in the overriding royalty interest, a lot of families have been wiped out where they've kept an overriding royalty on leased property," Rep. Tom Craddick said.
March 10, 2023 at 09:57 AM
4 minute read
Energy and Natural Resources
Texas House Rep. Tom Craddick resubmitted a bad-faith washout bill for the oil and gas industry and mineral lease holders that passed unanimously through the last legislative session only to be vetoed.
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