A Landman’s Guide to Force Majeure and Shut-In Royalty Clauses in a Covid-19 Environment
A. Force Majeure Step 1. Determine if the Lease has a force majeure clause. Texas courts will not imply a force majeure clause into a Lease. Step 2. Determine whether the current circumstances are specifically covered by the force majeure clause. Broadly speaking, an event will be within the scope of the force majeure clause if: 1) […]