Artwork

Content provided by Matt Sands. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Matt Sands or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

MRP 179: What Are Blanchard Royalties?

17:10
 
Share
 

Manage episode 347321520 series 2539255
Content provided by Matt Sands. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Matt Sands or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Each state is different in the way that certain aspects of royalty payments are handled. One of the more unique situations exists in Oklahoma with the concept of Blanchard Royalty Interests.

Blanchard Interests refer to the way that royalty owners were to be paid by the various Working Interest owners in a well when each working interest owner entered into a separate gas sale contract for their proportionate share of gas produced and sold.

The term Blanchard interest stems from the landmark Oklahoma Supreme Court case from 1963 between Shell Oil Company and the Oklahoma Corporation commission, often referred to as the “Blanchard Decision.”

Be sure to listen to this one if you have interests in Oklahoma or if you want to understand some tips on how to make sure you are getting paid correctly in any state.

As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

  continue reading

252 episodes

Artwork
iconShare
 
Manage episode 347321520 series 2539255
Content provided by Matt Sands. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Matt Sands or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Each state is different in the way that certain aspects of royalty payments are handled. One of the more unique situations exists in Oklahoma with the concept of Blanchard Royalty Interests.

Blanchard Interests refer to the way that royalty owners were to be paid by the various Working Interest owners in a well when each working interest owner entered into a separate gas sale contract for their proportionate share of gas produced and sold.

The term Blanchard interest stems from the landmark Oklahoma Supreme Court case from 1963 between Shell Oil Company and the Oklahoma Corporation commission, often referred to as the “Blanchard Decision.”

Be sure to listen to this one if you have interests in Oklahoma or if you want to understand some tips on how to make sure you are getting paid correctly in any state.

As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

  continue reading

252 episodes

Tüm bölümler

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide