For royalty owners concerned about mineral operators paying royalties on artificial market prices: some tax laws actually encourage companies to sell their fuel to affiliates and pay royalties to the government on that price, before turning around to sell their coal at higher prices. While the government may allow this point-of-purchase for calculating coal tax sales, paying oil and gas royalty owners in this way is often a violation of the mineral lease.
Our knowledge of the oil and gas industry, combined with years of experience fighting for justice against major oil and gas companies, can be of great benefit to you. Whether your dispute involves disagreements about gas and royalty terms or breach of contract, talk to an attorney from our team to learn how we can help.
Call Smith Stag at 504-593-9600 or contact us online today.