In oil and gas royalty cases, double fractions often mean double trouble as far as correctly interpreting whether the mineral deed creates a fixed (fractional) royalty or a floating (fraction of) royalty.
The Texas Supreme Court recently dismissed the ruling handed down by the Court of Appeals for the Fourth District of Texas in the case Hysaw v. Dawkins. The lower appellate court earlier held that a reading of a 1947 will that divided the landowner’s mineral rights among her three children seemed to indicate that they each should receive a one-twenty-fourth royalty.
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