
137 S.W.3d 706 (2004)
Steven C. GRINNELL, Appellant,
v.
David M. MUNSON, Nueces Minerals Co., and Tri-County Royalty Trust, Appellees.
No. 04-02-00807-CV.
Court of Appeals of Texas, San Antonio.
April 28, 2004.
*710 Baldemar Garcia, Jr., Person, Whitworth, Borchers & Morales, L.L.P., Laredo, Grady L. Roberts, Jr., Law Office of Grady L. Roberts, Jr., Pearsall, for appellant.
Dan S. Boyd, Boyd Law Firm, P.C., Matthew M. Julius, Bank One, N.A. Assoc. General Counsel, Dallas, for appellees.
Sitting: SARAH B. DUNCAN, Justice, SANDEE BRYAN MARION, Justice, PHYLIS J. SPEEDLIN, Justice.

OPINION
Opinion by PHYLIS J. SPEEDLIN, Justice.
Steven C. Grinnell ("Grinnell") appeals the summary judgments granted in favor of David M. Munson ("Munson"), Nueces Minerals Co. ("Nueces Minerals"), and Tri-County Royalty Trust ("Tri-County"). Grinnell also appeals the trial court's denial of his motion for summary judgment. Grinnell challenges the trial court's order in three broad issues addressing: (1) the denial of his motion; (2) the granting of the motion filed by Munson and Nueces Minerals; and (3) the granting of the motion filed by Tri-County. We affirm the trial court's orders.

BACKGROUND
In 1998, Grinnell purchased the surface estate to 15,398.22 acres of land commonly known as the Herradura Ranch (the "Ranch"). Five oil and gas leases were in place at the time of Grinnell's purchase, referred to as the "A," "B," "D," "E," and "F" Leases. In addition to obtaining the surface estate, Grinnell acquired 3,368 units of interest in Tri-County, which was approximately 1% of the total units of interest; however, Grinnell's acquisition of these units of interest was not documented until a certificate was issued to him on April 4, 2001.
Nueces Minerals owns 100% of the Ranch's executive mineral rights, giving Nueces Minerals the exclusive right to lease the minerals under the Ranch. Tri-County owns 90% of the non-executive royalty interests, and Nueces Minerals owns the remaining 10%.
*711 In May of 2000, GGG Oil Co. ("GGG"), the lessee under the oil and gas leases, sued Grinnell, claiming that he damaged the aircraft runway that the leases entitled GGG to maintain on the Ranch. Grinnell answered and filed a counterclaim alleging numerous causes of action against GGG and seeking a declaratory judgment that the oil and gas leases had terminated due to the lack of production in paying quantities. Grinnell subsequently amended his pleadings to include claims for an accounting and for breach of fiduciary duty against Nueces Minerals, Munson (the president of Nueces Minerals), and Tri-County.
Grinnell moved for summary judgment on the ground that the leases had terminated. Nueces Minerals and Munson also filed a no-evidence motion for summary judgment, asserting that there is no evidence that they owed Grinnell a fiduciary duty or an accounting. Tri-County later filed a separate motion for summary judgment, contending it was entitled to judgment as a matter of law because Grinnell had been provided an accounting and there was no evidence of any breach of the trust agreement that would give rise to any cause of action. The trial court denied Grinnell's motion and granted the motions filed by Nueces Minerals, Munson, and Tri-County. The rulings on the motions were severed into a separate cause of action, and Grinnell filed this appeal.

STANDARD OF REVIEW
When both sides move for summary judgment and the trial court grants one motion and denies the other, the reviewing court should review both sides' summary judgment evidence and determine all questions presented. FM Properties Operating Co. v. City of Austin, 22 S.W.3d 868, 872 (Tex.2000) When a trial court's order granting summary judgment does not specify the grounds relied upon, the reviewing court must affirm the summary judgment if any of the summary judgment grounds are meritorious. Id. at 872-73.
Under traditional summary judgment standards, a party moving for summary judgment has the burden of establishing that no genuine issue of material fact exists and that the party is entitled to judgment as a matter of law. Casso v. Brand, 776 S.W.2d 551, 556 (Tex.1989); Nixon v. Mr. Property Management Co., 690 S.W.2d 546, 548-49 (Tex.1985). In reviewing a summary judgment, an appellate court accepts as true all evidence supporting the non-movant. Nixon, 690 S.W.2d at 549. All inferences are indulged in favor of the non-movant, and all doubts are resolved in his favor. Id.
We apply the same legal sufficiency standard in reviewing a no-evidence summary judgment as we apply in reviewing a directed verdict. Moore v. K Mart Corp., 981 S.W.2d 266, 269 (Tex.App.-San Antonio 1998, pet. denied). We look at the evidence in the light most favorable to the respondent against whom the summary judgment was rendered, disregarding all contrary evidence and inferences. Id. A no-evidence summary judgment is improperly granted if the respondent brings forth more than a scintilla of probative evidence to raise a genuine issue of material fact. Id. Less than a scintilla of evidence exists when the evidence is so weak as to do no more than create a mere surmise or suspicion of a fact. Id. More than a scintilla of evidence exists when the evidence rises to a level that would enable reasonable and fair-minded people to differ in their conclusions. Id.

GRINNELL's MOTION
In response to Grinnell's motion for summary judgment seeking a declaration that the oil and gas leases had terminated, Nueces Minerals and Munson asserted that Grinnell lacked standing to seek declaratory *712 relief regarding the leases, the leases were ratified, three of the leases were subject to a Unit Agreement, and that genuine issues of material fact existed with regard to whether the leases were producing in paying quantities.
A. Standing
The first basis on which the trial court may have granted summary judgment was the contention that Grinnell lacked standing to seek a declaration that the leases had terminated.[1]
The general rule is that only the parties to a contract have the right to complain of a breach thereof; and if they are satisfied with the disposition that has been made of it and all claims under it, a third person has no right to insist that it has been broken. Tennessee Gas Pipeline Co. v. Lenape Resources Corp., 870 S.W.2d 286, 295 (Tex.App.-San Antonio 1993), aff'd in part and rev'd in part on other grounds, 925 S.W.2d 565 (Tex.1996); Bruner v. Exxon Co., U.S.A., 752 S.W.2d 679, 682 (Tex.App.-Dallas 1988, writ denied). An exception to this rule is that one who is not in privity to the written agreement may show that he is eligible to bring an action on the contract as a third-party beneficiary. Lenape, 870 S.W.2d at 295; Bruner, 752 S.W.2d at 682. The fact that a person might receive an incidental benefit from a contract to which he is not a party does not give that person a right of action with regard to the contract. MCI Telecommunications Corp. v. Texas Utilities Elec. Co., 995 S.W.2d 647, 651 (Tex. 1999). A third party only has standing if the parties intended to secure some benefit to that third party, and only if the contracting parties entered into the contract directly for the third party's benefit. Id. "To qualify as one for whose benefit the contract was made, the third party must show that he is either a donee or creditor beneficiary of, and not one who is benefitted only incidentally by the performance of, the contract." Id. "One is a donee beneficiary if the performance promised will, when rendered, come to him as a pure donation." Id. "If, on the other hand, that performance will come to him in satisfaction of a legal duty owed to him by the promisee, he is a creditor beneficiary." Id.
In analyzing whether Grinnell has standing, this court's decision in Lenape is instructive. In Lenape, the appellant, Tennessee Gas Pipeline Co. ("Tennessee"), was a party to a Gas Purchase Agreement ("GPA") with Lenape Resources Corp. ("Lenape"). 870 S.W.2d at 290. Pursuant to the terms of the GPA, Tennessee agreed to buy, and Lenape agreed to sell, all gas produced from committed reserves located in and under various oil and gas leases, including leases from the Fantina Yzaguirre Gas Unit. Id. In 1989, the lessors of the Fantina Yzaguirre Gas Unit sued Lenape alleging that the leases had terminated because of failure to produce in paying quantities. Id. The parties settled the dispute and confirmed the leases. Id. Tennessee later brought suit alleging numerous claims against Lenape. Id. at 291. The trial court granted a partial summary judgment, concluding, in relevant part, that Tennessee lacked standing to challenge the validity of the underlying leases. Id. Our court agreed, reasoning:
Tennessee is not a party to the leases, nor do the leases make any mention of Tennessee. Indeed, the leases were executed *713 many years before Tennessee acquired its rights under the GPA. Obviously, the parties to the leases did not intend that they be made for Tennessee's benefit. At most, Tennessee is an incidental beneficiary of the leases with no right to claim that they had terminated. The fact that its obligations under the GPA may be affected by the leases has no effect on whether it has standing to contest those leases. Appellee demonstrated by means of the settlement agreement that the actual parties to the leases were satisfied that the leases had not terminated and Tennessee has no right to insist otherwise.
Id. at 295.
In reaching this holding, our court relied on the Dallas court's holding in Bruner. In that case, Fred Bruner brought suit against Exxon Company, U.S.A. as lessee and The Southland Corporation as lessor claiming that they wrongfully cancelled a lease for which Bruner had a written assignment of rentals. Bruner, 752 S.W.2d at 680. In exchange for negotiating the lease, Southland's predecessor in interest executed a written assignment of rentals which required Exxon's predecessor in interest to pay a specific portion of the rentals directly to Bruner. Id. Exxon and Southland subsequently entered into a lease termination agreement, ending the lease and Bruner's assigned rentals. Id. In holding that Bruner was an incidental beneficiary without standing to challenge the termination, the court reasoned:
[T]he lease agreement makes no mention of Bruner or the assignment of rentals. Bruner is merely an incidental beneficiary: a casual assignee. He has no right to complain of the termination of the lease between the lessor and the lessee. Further, the assignment of rentals, which incorporates the terms and conditions of the lease, does not give Bruner any additional right to control the disposition of the lease.... The Assignment merely directs Humble [Exxon's predecessor] to pay Bruner the applicable rentals for "the life of the lease" and nothing more.
Id. at 683.
In addition to owning the surface estate, Grinnell owns a 1% interest in Tri-County, which owns 90% of the non-executive royalty mineral interests. Munson's affidavit explains that a non-executive royalty interest is "an ownership interest in minerals but without any surface rights and with no right to execute oil and gas leases." The El Paso court has explained the nature of this type of interest as follows:
We think the non-participating royalty owners are not necessary and indispensable parties to the suit, because as such their right was only to receive their royalty when and if produced. By the terms of the royalty conveyance the owners had the exclusive right to make a new lease without the joinder or consent of the royalty owners, and such royalty owners were not entitled, under the terms of the conveyance, to receive any part of the bonus or rentals. Their right or rights was limited to the receipt of the one-sixteenth royalty. Prior to the trial of this suit the royalty owners had received and were receiving their royalty from the wells drilled on the lands, including three wells located on the 80-acre tract. They had nothing to do with the making of the lease nor the continuation thereof. If the lease be valid they were entitled to receive their royalty. If it be invalid they had no right to its perpetuation.
Magnolia Petroleum Co. v. Storm, 239 S.W.2d 437, 438 (Tex.Civ.App.-El Paso 1950, writ ref'd n.r.e.). Although the El Paso court was addressing a different issue, its analysis of the nature of a nonparticipating royalty owner's interest is *714 helpful in determining whether Grinnell has standing.
As the owner of the surface estate, Grinnell clearly does not have standing. Grinnell is not a party to the leases and, unquestioningly, the oil and gas leases were not intended to benefit him in his capacity as the surface owner.
Similarly, we conclude that Grinnell does not have standing based on his interest in Tri-County. Grinnell's ownership interest in Tri-County only entitles him to receive a proportionate share of the royalties when they are paid to Tri-County. This does not give him the status of a donee beneficiary or a creditor beneficiary. Nueces Minerals is only obligated to pay royalties to Tri-County, not to Grinnell. At most, Grinnell might be considered an incidental beneficiary, which does not confer him with standing.
In his pleadings, Grinnell appears to be contending that he has standing to bring the lawsuit due to a conflict of interest that exists between Tri-County's trustee and himself with regard to pursuing the declaratory relief. A beneficiary is authorized to enforce an action when the trustee cannot or will not enforce it. Interfirst BankHouston, N.A. v. Quintana Petroleum Corp., 699 S.W.2d 864, 874 (Tex.App.-Houston [1st Dist.] 1985, writ ref'd n.r.e.); see also Hamilton v. McLean, No. 03-99-00320CV, 2000 WL 502828, at *3 (Tex.App.-Austin Apr. 27, 2000, no pet.) (not designated for publication). Assuming that Grinnell properly established that Tri-County's trustee could not or would not seek declaratory relief, Grinnell would only have standing if Tri-County had standing to bring a lawsuit challenging the leases.
Four of the leases in this case were executed prior to the formation of Tri-County; therefore, Tri-County could not have been a third-party beneficiary of those leases. See MCI Telecommunications Corp., 995 S.W.2d at 651 (noting contracting parties must contract directly for third parties' benefit); Lenape, 870 S.W.2d at 295 (noting third party did hot acquire rights until after leases were executed). Accordingly, Tri-County and, in turn, Grinnell would not have standing to challenge these four leases.
The fifth lease, however, which is referred to as the "F" lease expressly mentions Tri-County as a party on whose behalf Nueces Minerals was contracting. Tri-County could be considered a creditor beneficiary of this lease because Nueces Minerals owed Tri-County a legal obligation to pay it royalties based on the performance of the lease. Assuming that Tri-County's trustee could not or would not bring a challenge as to the "F" lease, we cannot say that Grinnell lacks standing as to the "F" lease as a matter of law.
B. Production in Paying Quantities/Capable of Producing in Paying Quantities
Assuming Grinnell has standing to challenge the "F" lease, we still find he did not meet his summary judgment burden of showing as a matter of law that the "F" lease terminated because it was not capable of producing in paying quantities. Moreover, we find that Grinnell also would not have met his summary judgment burden to show that the other four leases had terminated even if he had standing to challenge them.
A mineral lease's habendum clause defines the duration of the lease. See Anadarko Petroleum Corp. v. Thompson, 94 S.W.3d 550, 554 (Tex.2002). "[A] typical habendum clause states that a lease lasts for a relatively short fixed term of years (primary term) and then `so long thereafter as oil, gas or other mineral is produced' (secondary term)." Id. "In Texas, such a habendum clause requires actual production in paying quantities." Id. *715 "Thus, a typical Texas lease that lasts `as long as oil or gas is produced' automatically terminates if actual production permanently ceases during the secondary term." Id.
Although the typical lease contains a "production in paying quantities" habendum clause, the Texas Supreme Court has recognized a distinction between the typical clause and one that provides that the lease continues as long as gas "is or can be produced." Id. at 555. The Texas Supreme Court has held that such a habendum clause shows the parties' intent that a well actually producing gas or a well capable of producing gas sustains the lease. Id.
In this case, the "A," "B," "D," and "E" Leases all contain the typical habendum clause, and the lease term is extended so long as these leases are producing in paying quantities. The "F" Lease, however, is different because it provides, "At the expiration of the primary term hereunder, this Lease shall terminate as to all acreage upon which there is no well on land covered hereunder capable of producing oil and/or gas in paying quantities." (emphasis added). Accordingly, the "F" Lease term is extended so long as the wells thereon are "capable of producing in paying quantities."
1. "A," "B," "D," and "E" Leases Producing in Paying Quantities
A lessor seeking to establish that a lease terminated because of a "cessation of production in paying" quantities must meet a two-prong test: (1) that the lease failed to yield a profit over a reasonable period of time and (2) that a reasonably prudent operator would not have continued to operate the well in the manner in which it was being operated for the purpose of making a profit and not merely for speculation. Cannon v. Sun-Key Oil Co., 117 S.W.3d 416, 421-22 (Tex.App.-Eastland 2003, pet. filed); Duncan Land & Exploration, Inc. v. Littlepage, 984 S.W.2d 318, 331 (Tex.App.-Fort Worth 1998, pet. denied). Whether an oil or gas well is producing in paying quantities is ordinarily a question of fact, but where it is shown that a small profit has been realized from the operation of the well, it may be found as a matter of law that the well is producing in paying quantities. Littlepage, 984 S.W.2d at 331.
Grinnell's motion contends that the leases terminated because they were not producing in paying quantities. Grinnell supported this contention with an affidavit of an expert, Charles Graham, III, who reviewed certain production data and concluded that the leases were not producing in paying quantities. In reaching this conclusion, Graham states that he relied upon monthly production and lifting costs for crude oil wells in La Salle County producing from similar depths. Based on these "expense estimates," Graham concludes that the revenues did not exceed the expenses for the oil wells on the "B" and "E" leases or for the gas wells on the "E" lease. Similarly, based on these "expense estimates," Graham concludes that revenues did not exceed the expenses for the "A" and "D" Leases. Graham asserts that a reasonable prudent operator, having knowledge of present and projected crude oil prices and present and projected future production on the "B," "E," "A," and "D" Leases could not reasonably expect to receive profits and would only hold the leases for speculative purposes.
Nueces Minerals and Munson responded to Grinnell's motion with the affidavit of James Gould, a partner in GGG who had worked for GGG for 22 years, and the deposition testimony of Munson, the president of Nueces Minerals. Gould had lived on the Ranch operating the wells located thereon since 1979. In his affidavit, Gould challenges the "expense estimates" used *716 by Graham in reaching his conclusions. Gould explains that GGG engages in a stripper operation, which differs from other types of operators. Gould explains that because GGG performs most of its work internally, GGG operates at a much lower operational expense level than any other company with a similar type operation. In addition, Gould challenges Graham's reliance on 1999 oil prices, noting if 2000 prices or an average of the prior 3 years' prices had been used, the revenue amounts would have been greater. In his deposition, Gould stated that the price of oil had increased from $8.00 to $26.00 a barrel in two years. Furthermore, Gould states that he provided Grinnell's attorney with copies of three reservoir engineering reports by three different reservoir engineers estimating that approximately 5 million barrels of oil remain in place, which is one reason Gould states that he disagrees that a reasonably prudent operator having knowledge of present and projected crude oil prices and present and projected future production on the "B," "E," "A," and "D" Leases could not reasonably expect to receive profits.
In addition to Gould's affidavit, Munson testified in his deposition that the costs of operation are very low because "there's no hired outside people." Munson also testified that Tri-County, which only received one-eighth of the revenues, was receiving $20,000 to $50,000 each year. Since GGG as operator was receiving seven-eighths of the revenues, seven times the amount of Tri-County, Munson asserted, "the seveneighths that's going to the operator is a whale-of-a-lot more than his cost, the way he's operating." Based on this, Munson responded that the leases were producing in paying quantities "since their inception or in accordance with the Unitization Agreement."
We hold that the testimony of Gould and Munson was sufficient to raise a genuine issue of material fact with regard to whether the "A," "B," "D," and "E" Leases were producing in paying quantities.
2. "F" LeaseCapable of Production in Paying Quantities
"[T]he phrase `capable of production in paying quantities' means a well that will produce in paying quantities if the well is turned `on,' and it begins flowing, without additional equipment or repair." Anadarko Petroleum Corp., 94 S.W.3d at 558. In other words, "a well is capable of production if it is capable of producing in paying quantities without additional equipment or repairs." Id.
In support of his contention that the "F" Lease had terminated, Grinnell relies on his expert's conclusion that the lease terminated based on the complete cessation of production from October 1998 through May 2000. In addition, Grinnell relies on Gould's deposition testimony in which he acknowledges that the wells on the "F" Lease had not continuously produced. Although this testimony would likely support a summary judgment if the "F" Lease contained the typical habendum clause, it does not support a summary judgment in this case in view of the habendum clause contained in the "F" Lease. In a typical lease, the cessation of production would terminate the lease because the lease was not producing in paying quantities. See Cannon v. Sun-Key Oil Co., Inc., 117 S.W.3d at 421-22. However, the term of the "F" Lease was extended so long as the wells located thereon were capable of producing in paying quantities, and Grinnell presented no evidence to support a finding that the wells on the "F" Lease during the time production ceased were not capable of producing in paying quantities without additional equipment or repairs if the wells were turned on. See Anadarko Petroleum Corp., 94 S.W.3d at 558 (defining "capable of production in *717 paying quantities"). Therefore, Grinnell failed to present summary judgment evidence that the wells located on the "F" Lease had terminated because they were not capable of production in paying quantities.
Accordingly, the trial court properly denied Grinnell's motion.[2]

NUECES MINERALS AND MUNSON
The no-evidence motion filed by Nueces Minerals and Munson challenged three claims Grinnell was asserting against them in his petition, namely, breach of fiduciary duty, accounting, and declaratory judgment. In response, Grinnell filed a motion for continuance, stating that an adequate time for discovery had not passed. Grinnell also filed special exceptions, asserting that the motion failed to specify which element of his claims Nueces Minerals and Munson were challenging. Finally, Grinnell filed a response to the motion.
A. Adequate Time for Discovery
We review the trial court's determination that an adequate time for discovery has passed under an abuse of discretion standard. See Moorehouse v. Chase Manhattan Bank, 76 S.W.3d 608, 612 (Tex.App.-San Antonio 2002, no pet.). In determining whether adequate time for discovery has passed, we examine: (1) the nature of the case; (2) the nature of evidence necessary to controvert the no-evidence motion; (3) the length of time the case was active; (4) the amount of time the no-evidence motion had been on file; (5) whether the movant had requested stricter deadlines for discovery; (6) the amount of discovery already conducted; and (7) whether the discovery deadlines in place were specific or vague. Martinez v. City of San Antonio, 40 S.W.3d 587, 591 (Tex.App.-San Antonio 2001, pet. denied). Although Grinnell did not amend his pleadings to assert claims against Nueces Minerals and Munson until six months before the no-evidence motion was filed, the case has been on file for over two years. The no-evidence motion was on file for two months before the hearing. The motion challenged the claims based on whether a duty was owed based on the relationship of the parties. Munson's deposition was taken two months before the no-evidence motion for summary judgment was filed. Finally, the only discovery that Grinnell asserted that he needed to have completed was the disclosure of the ownership of Nueces Minerals; however, Grinnell never alleges in his pleadings that he potentially is a shareholder.[3] Accordingly, having considered the relevant factors, we conclude that the trial court did not abuse its discretion in denying the continuance.
B. Specificity of Motion
A no-evidence motion for summary judgment "must state the elements as to which there is no evidence." TEX.R. CIV. P. 166a(I). If a no-evidence motion for summary judgment is not specific in challenging a particular element or is conclusory, *718 the motion is legally insufficient as a matter of law and may be challenged for the first time on appeal. Callaghan Ranch, Ltd. v. Killam, 53 S.W.3d 1, 3 (Tex.App.-San Antonio 2000, pet. denied). Rule 166a(I) and its comment expressly prohibit conclusory motions and general no evidence challenges. Id.
In order to recover on his breach of fiduciary duty claim, one of the elements Grinnell must establish is that Nueces Minerals and Munson were his fiduciaries. Myer v. Cuevas, 119 S.W.3d 830, 836 (Tex. App.-San Antonio 2003, no pet.). Accordingly, the motion, which states that there is no evidence that Nueces Minerals or Munson owe a fiduciary duty to Grinnell, specifically challenges this element. In addition, the motion specifically challenges whether Nueces Minerals or Munson breached any fiduciary duty if one was owed. In order to recover on his claim for an accounting, Grinnell was required to establish that he was a beneficiary or interested person as to Nueces Minerals and Munson as contemplated by section 113.151 of the Texas Property Code. See TEX. PROP CODE ANN. § 113.151 (Vernon Supp.2004) (permitting beneficiary or interested person to file suit to compel trustee to account). The motion specifically challenges whether Grinnell was a beneficiary or interested person as to Nueces Minerals and Munson. Finally, the motion contends that there is no evidence of a justiciable controversy that would properly trigger relief under the declaratory judgment act. In order to be entitled to declaratory relief, Grinnell was required to establish a justiciable controversy within the court's jurisdiction by showing that a cause of action was pending between the parties or that "such a clear indication of the extent of the parties' differences [existed] that the court could presume that one is imminent." Taylor v. State Farm Lloyds, Inc., 124 S.W.3d 665, 669 (Tex. App.-Austin 2003, no pet.). Accordingly, by challenging Grinnell's ability to establish a justiciable controversy, the motion specifically challenges an element of his claim for declaratory relief.
C. Breach of Fiduciary Duty
Grinnell responded that he was entitled to assert the breach of fiduciary duty claim against Nueces Minerals as a beneficiary of Tri-County based on the fiduciary duty Nueces Mineral owed to Tri-County. Grinnell further responded that Munson could be held liable based on his breach of his fiduciary duty as a corporate officer of Nueces Minerals.
1. Munson
A fiduciary relationship is an extraordinary one that the law does not recognize lightly. Myer, 119 S.W.3d at 836. Corporate officers owe fiduciary duties to the corporations they serve; however, corporate officers do not owe fiduciary duties to individual shareholders unless a contract or special relationship exists between them in addition to the corporate relationship. Id. Furthermore, the right to proceed against an officer or former officer of a corporation for breaching a fiduciary duty owed to the corporation belongs to the corporation itself. Id.
In this case, Grinnell has presented no evidence that Munson, as president of Nueces Minerals, owed any fiduciary duty to Grinnell. Grinnell has no standing to challenge whether Munson breached his fiduciary duty to Nueces Minerals because that cause of action belongs to Nueces Minerals. Id. Accordingly, the trial court properly granted summary judgment in favor of Munson with regard to Grinnell's breach of fiduciary duty claim.
2. Nueces Minerals
Because Nueces Minerals held 100% of the executive mineral interests, it *719 owed a fiduciary duty to Tri-County as a 90% non-executive interest owner. See Manges v. Guerra, 673 S.W.2d 180, 183 (Tex.1984); Harrison v. Bass Enterprises Production Co., 888 S.W.2d 532, 539 (Tex. App.-Corpus Christi 1994, no pet.). As a beneficiary of Tri-County, Grinnell is authorized to enforce an action when the trustee (Bank One) cannot or will not enforce it. Interfirst Bank-Houston, N.A. v. Quintana Petroleum Corp., 699 S.W.2d at 874. We will assume, for purposes of this opinion, that Grinnell properly established that Tri-County's trustee could not or would not enforce the claim against Nueces Minerals.
The fiduciary duty owed by the holder of the executive right is to acquire for the non-executive every benefit that heexacts for himself. Manges, 673 S.W.2d at 183-84. Grinnell presented no evidence that Nueces Minerals exacted some benefit for itself that was different than the benefits acquired for Tri-County.
Although an executive interest owner may be held liable to the non-executive mineral interest owner if he accepts a lease containing inferior terms, Hlavinka v. Hancock, 116 S.W.3d 412, 419 (Tex. App.-Corpus Christi 2003, pet. denied), Grinnell presented no evidence that the terms of the leases were inferior when the leases were executed. Grinnell's statement in his affidavit that he offered to lease the minerals and proposed to "meet or better any terms" Nueces Minerals might receive is no evidence that the existing leases contained inferior terms, particularly given that Grinnell's statement is equivocal on whether Grinnell's terms would be better than the existing terms.
The cases finding a breach by the executive interest owner all deal with disproportionate benefits or inappropriate consideration inuring to the executive under the terms of a lease or as a result of its execution. Hlavinka v. Hancock, 116 S.W.3d at 419. An element of unjust enrichment or self-dealing is common to the cases. Id. at 419-20; see also In re Bass, 113 S.W.3d 735, 745 (Tex.2003) (distinguishing Manges because self-dealing was absent). Grinnell has presented no evidence that Nueces Mineral is engaged in self-dealing or has otherwise been unjustly enriched in its capacity as executive mineral interest owner. Accordingly, the trial court properly granted summary judgment with regard to Grinnell's claim against Nueces Minerals for breach of fiduciary duty.
D. Accounting
In his petition, Grinnell alleged that pursuant to sections 113.151 and 113.152 of the Texas Property Code, Nueces Minerals and Munson were required to account to Grinnell upon receipt of a written demand. Nueces Minerals and Munson moved for summary judgment on the basis that no evidence existed to show that Grinnell was a "beneficiary" or "interested person" as to Nueces Minerals and Munson as those terms are used in the Code.
By alleging that Nueces County and Munson were required to account to Grinnell "upon receipt of a written demand," Grinnell was necessarily alleging that he was entitled to the accounting as a beneficiary under section 113.151(a) since this is the only section that makes reference to a required accounting upon a written demand. See TEX. PROP.CODE ANN. § 113.151 (Vernon Supp.2004). A beneficiary is defined as "a person for whose benefit property is held in trust." Id. at § 111.004(2). Grinnell presented no evidence to establish that he is a beneficiary of Nueces Minerals, which is a Texas corporation, or Munson. Accordingly, the trial court did not err in granting summary judgment with *720 regard to Grinnell's claim against Nueces Minerals and Munson for an accounting.
E. Declaratory Relief
In order to be entitled to declaratory relief, Grinnell was required to establish a justiciable controversy within the court's jurisdiction by showing that a cause of action was pending between the parties or that "such a clear indication of the extent of the parties' differences [existed] that the court could presume that one is imminent." Taylor v. State Farm Lloyds, Inc., 124 S.W.3d at 669. Because summary judgment was properly granted on the two causes of action that were pending between the parties and since Grinnell presented no evidence that any other cause of action was imminent, summary judgment was properly granted with regard to Grinnell's claim against Nueces Minerals and Munson for declaratory relief.

TRI-COUNTY
In a section of his pleading entitled "Breach of Fiduciary Duty," Grinnell alleged that Tri-County breached its fiduciary duty to him "by not preparing a full and accurate accounting upon written demand as required by Texas law and by failing to make distributions." In a separate section of his pleading entitled "Accounting," Grinnell alleged that Tri-County failed to provide the accounting required by Sections 113.151 and 113.152 of the Code. Tri-County moved for summary judgment on the basis that it had provided a full accounting to Grinnell and made all distributions owed to him.
In his brief, Grinnell contends that Tri-County's motion did not request a summary judgment regarding his breach of fiduciary duty claims or his request for a declaratory judgment. We disagree. Tri-County's motion challenges each factual allegation on which all of Grinnell's claims against Tri-County were based, asserting "As the issues of the accounting and distributions are the only factual allegations underlying the causes of action asserted by Grinnell against Tri-County, Tri-County is entitled to summary judgment." By challenging the factual allegations underlying each of the causes of action asserted by Grinnell, Tri-County has properly moved for summary judgment on each of the alleged claims. Accordingly, Tri-County was properly entitled to summary judgment if it conclusively established that it had made all distributions owed to Grinnell and provided Grinnell with a full accounting.
With regard to the distributions, Tri-County presented an affidavit that stated, "The records of Tri-County Royalty reflect that it has tendered to Steven C. Grinnell all sums owed to him by virtue of his ownership of a share of Tri-County. Such distributions were of the following amounts of the following dates: Aug. 24, 2001 $120.28; Feb. 4, 2002 $150.35; April 29, 2002 $40.10." The summary judgment evidence showed that Grinnell's interest in Tri-County was not documented until the spring of 2001, and there was no evidence controverting that he received all sums owed to him after the date his interest in Tri-County was delivered to him. Accordingly, summary judgment was properly granted in favor of Tri-County in relation to Grinnell's allegation that Tri-County had not made all distributions owed to Grinnell.
With regard to the accounting, Tri-County submitted evidence that it provided Grinnell with an accounting on August 27, 2001. However, in response to Tri-County's summary judgment motion, Grinnell submitted his affidavit stating that Tri-County had not accounted for all of its operations, assets, and income. In addition, Grinnell submitted two letters written by his attorney after he received *721 the accounting from Tri-County. The first letter, dated January 28, 2002, stated that Grinnell was interested in obtaining financial information. Specifically, the letter requested information, including supporting documents, that establish the net assets of Tri-County. The letter further requested information regarding the income and distributions of Tri-County since May of 1999, and the total number of shares/beneficial interest units authorized, issued, and outstanding. Finally, the letter requested the names, addresses, and telephone numbers of the beneficial interest unit holders. The letter states, "Obviously, audited or un-audited statements of financial position/balance sheets, appraisals, inventories, income statements, bank statements, tax returns, minutes, resolutions, etc. would be very useful." The second letter, dated May 10, 2002, stated that Grinnell was renewing his request for an accounting and for information regarding the ownership of Tri-County. The letter states, "the accounting previously requested from [Tri-County] would be very useful in evaluating Mr. Grinnell's claims." The letter then cites section 113.151. Neither letter referenced the accounting previously delivered by Tri-County or specified any alleged deficiency in that accounting.
Section 113.152 of the Property Code sets for the required contents of an accounting. TEX. PROP.CODE ANN. § 113.152 (Vernon 1995). The written statement of accounts must show:
(1) all trust property that has come to the trustee's knowledge or into the trustee's possession and that has not been previously listed or inventoried as property of the trust;
(2) a complete account of receipts, disbursements, and other transactions regarding the trust period for the period covered by the account, including the source and nature, with receipts of principal and income shown separately;
(3) a listing of all property being administered, with an adequate description of each asset;
(4) the cash balance on hand and the name and location of the depository where the balance is kept;
(5) all known liabilities owed by the trust.
Id.
With regard to a listing of the trust property, the accounting submitted by Tri-County listed mineral assets and cash. Based on the Declaration of Trust, the "mineral assets" necessarily referred to Tri-County's 90% nonparticipating royalty interest.[4] In addition, the accounting itemized the receipts and disbursements and set forth the cash balance on hand. Finally, the accounting lists Bank One as the trustee, and the accounting reveals that Bank One is the depository where the cash balance is kept.[5]
Grinnell's statement in his affidavit that Tri-County has not accounted for all of its *722 operations, assets, and income is too conclusory to controvert the accounting. Grinnell fails to provide any facts to support this conclusion by specifically challenging any of the information listed in the accounting. Furthermore, the letters from Grinnell's attorney appear to be requesting financial information and ownership information as discovery in the underlying litigation. Even if the requests were in furtherance of an accounting, section 113.152 only requires a trustee to produce the lists and documents enumerated in the section. Although a trial court would have the discretion to order the production of the underlying financial information or to require an audited or verified accounting under certain circumstances, see Beaty v. Bales, 677 S.W.2d 750, 754 (Tex.App.-San Antonio 1984, writ ref'd n.r.e.), no evidence was presented to show the need for a further accounting in this case. Accordingly, the trial court did not err in finding that Tri-County had conclusively established that it had provided Grinnell with the accounting required by section 113.152 of the Property Code.

CONCLUSION
The trial court's orders are affirmed.
NOTES
[1]  Grinnell's only response to the assertion that he lacked standing was that the absence of standing must be affirmatively pled in a verified pleading or it is waived. Grinnell's contention is misplaced. Standing is a component of subject matter jurisdiction. West Orange-Cove Consol. I.S.D. v. Alanis, 107 S.W.3d 558, 583 (Tex.2003). Standing cannot be waived and may be raised at any time, even for the first time on appeal. Id.
[2]  Grinnell's brief makes reference to an alternative issue regarding the unauthorized location of GGG's airstrip and trespass, claiming there has been no opposition to that portion of his motion. Although Grinnell's motion makes a reference to the airstrip, the relief requested in the motion is a judgment that the leases were terminated. Grinnell's motion did not request summary judgment on the alternative ground that the airstrip was in an unauthorized location.
[3]  In its brief, Nueces Minerals states that all of its shareholders are Munson family members. The brief further states, "Nueces Minerals was fully within its rights in not handing over its list of shareholders to Grinnell so that Grinnell could engage in whatever sort of chicanery he had in mind in communicating with those shareholders."
[4]  The Declaration of Trust expressly gives Tri-County the power to collect all moneys accruing to the Nonparticipating Royalty, which is defined as the 90% nonexecutive royalty interest being deeded to Tri-County. The Declaration of Trust states, "The Trustee shall have no powers other than those provided herein; and, without limiting the generality of the foregoing, it is understood and agreed that Trustee has no power to invest or reinvest any proceeds constituting a part of the trust at any time and shall have no power to sell, lease or encumber the Nonparticipating Royalty. The Trustee may retain the proceeds accruing between distribution in a bank account to be established with Trustee itself upon which no interest shall be paid."
[5]  Based on the Declaration of Trust, Bank One was required to be the depository since it could only retain the proceeds accruing between distribution in a bank account "to be established with Trustee itself."
