Home / Tag Archives: mineral rights owners

Tag Archives: mineral rights owners

Denton City Council drills into its fracking ban ordinance

pump jack

Tonight at 6:30 p.m. at the Denton City Hall, the Denton City Council and Planning and Zoning Commission are drilling into the city’s new drilling ordinance to see if regulations can be added or changed. In November, Denton made headlines across the world when voters approved the first ban on hydraulic fracturing in the state of Texas.  The fracking ban ...

Read More »

Oil and land have a shared trait

drilling rig

When crude oil prices rise, the cost for an acre of land in Texas does the same. Over the last few years, rural land prices in Texas have been increasing, along with crude oil prices.  In 2013, the average price for an acre of land in Texas was $2,160, up nine percent from 2012.  According to the Real Estate Center ...

Read More »

Ballots are being cast to ban fracking in Denton

Voters in Denton, Texas are casting ballots in the first-ever attempt to ban fracking. Cathy McMullen, a firm supporter and member of Frack Free Denton, explained how the ban isn’t meant to completely ban fracking, but instead the ban is aimed at restricting fracking wells located next to or in neighborhoods.  This means that mineral rights owners would still have ...

Read More »