Comanche Land and Cattle Co., Inc. v. Adams

McCLOUD, Chief Justice.

The issue is whether the owner of the leasing rights to a mineral estate has violated a duty owed to the owner of a term nonparticipating royalty interest.

In a deed dated February 17, 1964, the grantors 1 conveyed approximately 180 acres of land to Comanche Land and Cattle Company, Inc. The deed contains a royalty reservation which provides:

The grantors herein reserve unto themselves a one-half royalty interest on all royalties that might be paid on oil, gas and other mineral leases that might be made on said land for a period of twenty years from the date of this deed…