B.H.C.H. Mineral, Ltd., Petty Business Enterprises, Ltd., Joey R. Peacock, Jr., Trinity Mineral Management, Ltd., Hardy Mineral and Royalties, Ltd., Mark Paulson, Venada Oil & Gas, LLP, Appling Minerals, Td., Brenda Phillips on Behalf of B. Bryan Leitch III and on Behalf of Leitch Company D/B/A MiOil Ltd. v. Needmore Minerals, LLP, Southwest Petroleum Company, LP, Serena Kundysek, Trustee of Big Sky Mineral Trust

CourtTexas Court of Appeals, 4th District (San Antonio)
DecidedMay 20, 2026
Docket04-24-00382-CV
StatusPublished

This text of B.H.C.H. Mineral, Ltd., Petty Business Enterprises, Ltd., Joey R. Peacock, Jr., Trinity Mineral Management, Ltd., Hardy Mineral and Royalties, Ltd., Mark Paulson, Venada Oil & Gas, LLP, Appling Minerals, Td., Brenda Phillips on Behalf of B. Bryan Leitch III and on Behalf of Leitch Company D/B/A MiOil Ltd. v. Needmore Minerals, LLP, Southwest Petroleum Company, LP, Serena Kundysek, Trustee of Big Sky Mineral Trust (B.H.C.H. Mineral, Ltd., Petty Business Enterprises, Ltd., Joey R. Peacock, Jr., Trinity Mineral Management, Ltd., Hardy Mineral and Royalties, Ltd., Mark Paulson, Venada Oil & Gas, LLP, Appling Minerals, Td., Brenda Phillips on Behalf of B. Bryan Leitch III and on Behalf of Leitch Company D/B/A MiOil Ltd. v. Needmore Minerals, LLP, Southwest Petroleum Company, LP, Serena Kundysek, Trustee of Big Sky Mineral Trust) is published on Counsel Stack Legal Research, covering Texas Court of Appeals, 4th District (San Antonio) primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
B.H.C.H. Mineral, Ltd., Petty Business Enterprises, Ltd., Joey R. Peacock, Jr., Trinity Mineral Management, Ltd., Hardy Mineral and Royalties, Ltd., Mark Paulson, Venada Oil & Gas, LLP, Appling Minerals, Td., Brenda Phillips on Behalf of B. Bryan Leitch III and on Behalf of Leitch Company D/B/A MiOil Ltd. v. Needmore Minerals, LLP, Southwest Petroleum Company, LP, Serena Kundysek, Trustee of Big Sky Mineral Trust, (Tex. Ct. App. 2026).

Opinions

Fourth Court of Appeals San Antonio, Texas OPINION

No. 04-24-00382-CV

B.H.C.H. MINERAL, LTD., Petty Business Enterprises, Ltd., Joey R. Peacock, Jr., Trinity Mineral Management, Ltd., Hardy Mineral and Royalties, Ltd., Mark Paulson, Venada Oil & Gas, LLP, Appling Minerals, Td., Brenda Phillips on Behalf of B. Bryan Leitch III and on Behalf of Leitch Company d/b/a MiOil Ltd., Appellants

v.

NEEDMORE MINERALS, LLP, Southwest Petroleum Company, LP, Serena Kundysek, Trustee of Big Sky Mineral Trust, et al., Appellees

From the 341st Judicial District Court, Webb County, Texas Trial Court No. 2022CVK000754D3 Honorable Rebecca Ramirez Palomo, Judge Presiding

Opinion by: Velia J. Meza, Justice Dissenting Opinion by: H. Todd McCray, Justice

Sitting: Rebeca C. Martinez, Chief Justice H. Todd McCray, Justice Velia J. Meza, Justice

Delivered and Filed: May 20, 2026

AFFIRMED

This case presents a question familiar to Texas oil and gas practitioners: what did a nearly

century-old deed reserve—a fixed 1/32 non‑participating royalty interest or a 1/32 non‑executive

mineral interest with a corresponding floating royalty? For decades, oil and gas operators paid 04-24-00382-CV

appellants as if the reservation were a fixed 1/32 royalty, even after a 1992 agreed judgment

described their interest as a 1/32 mineral interest. When the executive mineral owners revisited the

title and concluded the reservation should not be treated as a fixed royalty, this litigation followed.

The parties fall into three groups. Appellants, the Esperanza Successors 1 (Esperanza),

claim a fixed 1/32 royalty interest and invoke the presumed-grant doctrine and equitable defenses

to preserve that characterization. Appellees, Needmore Minerals, LLP and related entities 2

(Needmore) contend the deed reserved a 1/32 non‑executive mineral interest with a floating royalty

tied to the lease royalty. Various oil and gas operators 3 (the operators) interpleaded funds

representing the disputed Esperanza interest after Needmore sued them. The trial court granted

traditional and no‑evidence summary judgment for Needmore, rejected Esperanza’s competing

theories, granted the operators’ interpleader, and declared that the Esperanza interest is a 1/32

mineral interest. We affirm.

BACKGROUND

In 1937, Esperanza Livestock & Land Company conveyed a 23,513.3‑acre ranch in Webb

County to John F. Sinclair, reserving:

1 This group consists of B.H.C.H. Mineral Ltd., Petty Business Enterprises, Ltd., Joey R. Peacock, Jr., Trinity Mineral Management, Ltd., Hardy Mineral and Royalties, Ltd., Mark Paulson, Venada Oil & Gas, LLP, Appling Minerals, Ltd., Brenda Phillips on behalf of B. Bryan Leitch III and on behalf of Leitch Company d/b/a MiOil, Ltd., Ruthanne Kerr, Rachel Kerr Ritter, Thomas Cody Dieterich, Mica Vaughan Dieterich, Southwest Petroleum Company, LP, Serena Kundysek, Trustee of Big Sky Mineral Trust, Thomas Schleier, MPH Production Company, Ernest David Poole, Independent Executor of the Estate of John Gregory Pennock, Deceased, Hal Freeman Simmons, Rosemary Schoolfield, Phipps Mineral Holdings Ltd., David D. Benners, Ann Benners Travis, Henry Hamilton Dewar, II, Trustee of the Henry Hamilton Dewar II Trust, Claire Cravens Dewar, Trustee of the Claire Cravens Dewar Trust, Mary D. Froelich, Trustee of the Mary Dewar Froelich Trust, Albert Stanton Pennock, Trustee of the Albert Stanton Pennock Living Trust, Universal Royalty Company, Susan Lindsley McMordie, Frank D. McMordie, Trustee of the Susan Lindsley McMordie Trust, Mekusukey Oil Company, LLC, Mustang Minerals, LLC, and Dorchester Mineral, LP. 2 The related entities are Cactus Jack Minerals, LP, Rancho La Cochina Minerals, LP, James W. Turner, Poquito Royalties, LLC, Dan Kinsel, III, Trustee of the DL Kinsel Family Trust, Diggy Diggy Lo, LLC, Moon Minerals, LLC, Tom Gates, Diane Gates, Paul Dirks, San Isidro Development Company, LLC, and L & H Leasing Company, Ltd. 3 This group consists of EOG Resources, Inc., Lewis Petro Properties, Lewis Energy Group, LP, Lightning Natural Gas, LP, Troubadour Operating, LLC, Troubadour AssetCo., LLC, Troubadour Energy Holdings, LLC, Britancio, LLC, and Gary F. Moy.

-2- 04-24-00382-CV

[A]n undivided One-Thirty-second (1/32) of all oil, gas and other minerals on, in and under said land. Grantee, his heirs and assigns, shall have authority to execute and deliver oil, gas and other mineral lease or leases upon said land, or any part thereof, without the necessity of grantor joining therein; provided, however, that in any such lease or leases there must be retained by the Lessor a royalty of at least one-eighth (1/8) in all the oil, gas and other minerals covered by said lease, or leases. As to any lease or leases executed on said land, Grantor shall not be entitled to share in any bonus money or delay rentals paid, or to be paid, thereunder. It is further provided that the undivided interest herein reserved by Grantor shall not be subject to any developing charges or expenses of any character incurred in connection with any such lease or leases.

Esperanza’s charter was forfeited in 1951, and its shareholders—the Esperanza Successors—

succeeded to the reserved interest. Sinclair then conveyed his interest to John Nance Garner, 4

whose heirs and successors made further conveyances over the years. 5

In 1967, Garner’s successors executed a lease covering the entire mineral estate, reserving

a 1/6 landowner’s royalty. The lessee-operators recognized the 1937 reservation and, unable to

locate the Esperanza Company’s shareholders, suspended their share of the royalty. These

operators calculated the Esperanza share as a fixed 1/32 gross production rather than as a 1/32

fraction of the landowner’s 1/6 royalty.

In 1976 and 1985, the Garners entered indemnity agreements with operators under which

they received the previously suspended Esperanza share, describing the 1937 reservation as a

“perpetual and nonparticipating royalty interest equal to one‑thirty‑second of eight‑eighths (1/32

of 8/8)” of production. Subsequent Garner‑chain conveyances in the late 1980s likewise alternately

described the reservation as a “1/32 non‑participating royalty interest” and as a “1/32 interest in

all oil, gas and other minerals and/or royalty reserved.”

4 John Nance Garner was a United States congressman who rose to become Speaker of the House and, later, the thirty‑second Vice President of the United States under President Franklin D. Roosevelt. 5 Those later conveyances include a notable transfer to country music singer George Strait.

-3- 04-24-00382-CV

In 1990, the Esperanza Successors sued the Garners for their share of the royalties. In 1992,

they entered an agreed judgment recognizing the Esperanza Successors’ ownership of “a 1/32nd

mineral interest” and confirming that the Garners owned the remaining 31/32 mineral interest.

Despite the judgment’s express language, division orders continued to account for the Esperanza

interest as a non‑participating royalty interest (NPRI) 6 and operators thereafter paid it as a fixed

royalty.

In 2020, San Isidro Development Company, L.C., analyzing the Garner chain of title,

concluded that the Esperanza interest had been mischaracterized as a fixed 1/32 NPRI rather than

a 1/32 non‑executive mineral interest with a floating royalty tied to the lease royalty. San Isidro

calculated that the historical treatment had over‑credited the Esperanza interest by approximately

2.59% of the 1/6 royalty and under‑credited the Garner side by the same amount, assembled an

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B.H.C.H. Mineral, Ltd., Petty Business Enterprises, Ltd., Joey R. Peacock, Jr., Trinity Mineral Management, Ltd., Hardy Mineral and Royalties, Ltd., Mark Paulson, Venada Oil & Gas, LLP, Appling Minerals, Td., Brenda Phillips on Behalf of B. Bryan Leitch III and on Behalf of Leitch Company D/B/A MiOil Ltd. v. Needmore Minerals, LLP, Southwest Petroleum Company, LP, Serena Kundysek, Trustee of Big Sky Mineral Trust, Counsel Stack Legal Research, https://law.counselstack.com/opinion/bhch-mineral-ltd-petty-business-enterprises-ltd-joey-r-peacock-txctapp4-2026.