AboutDavid B. McCall Expertise Questions regarding oil and gas exploration and production, the operation and management of oil and gas producing properties, and questions related to mineral ownership, title problems, and oil and gas leases.
Experience I am Board Certified in Oil, Gas and Mineral Law in the state of Texas. I have more than 34 years of experience in the industry as both an in house attorney for major oil companies and as a partner in oil and gas firms. I am also a mineral owner and receive royalties from oil and gas production. I have extensive title examination experience, and have represented clients in many administrative and court proceedings.
Organizations State Bar of Texas, Texas Bar Foundation, and Austin Bar Foundation.
Publications Various state bar seminars on Oil and Gas matters.
Education/Credentials I have a business degree in marketing from McMurry University, 1971, and a JD degree from Texas Tech University in 1974, where I graduated 17th in my class. Board Certified in Oil, Gas and Mineral Law in 1986.
Expert: David B. McCall Date: 7/5/2008 Subject: Mineral Rights
Question I currently own mineral rights on property in Argyle, TX and North Richland Hills, TX. The property in Argyle is currently leased to Devon Energy, and the lease will expire in August 2009. Several family members own mineral rights on adjacent property. My cousin called this morning to say that a company named Hillside called him with a much higher bonus offer than in the past with a 25% royalty. We've had a similar situation with the land in North Richland Hills, and the gentleman from Petrocasa who talked with us about the lease on that land said if we signed with a company other than Petrocasa, the other company could sell our lease back to Petrocasa or to some other company and we would lose our royalties. Long story short, does it affect your royalty payments if you lease to one company and they sell your lease to a different company. I hope this makes sense. Thanks.
Answer Hello Vicki. Your question makes sense and no, you do not lose your royalty if your lessee transfers the lease to another company. So long as your lease remains in effect, the terms of your lease remain the same regardless of who owns the lease, and your royalty will not change.
I hope this answers your question. Let me know if you have any further questions.
