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Bill takes aim at disputes between North Dakota royalty owners and oil companies
The companies say they're allowed to deduct from royalty checks the costs of removing impurities and transporting oil and gas, but mineral owners argue they never agreed to that practice in the contracts they signed to lease their land. Written By: Jeremy Turley | ×
An oil well pumps at sunrise in western North Dakota's Bakken Formation. Forum News Service file photo
BISMARCK — A group of North Dakota Republicans has proposed a bill that would force oil companies to pony up millions of dollars to royalty owners who believe they've been hoodwinked.
Bill takes aim at disputes between North Dakota royalty owners, oil companies
The companies say they're allowed to deduct from royalty checks the costs of removing impurities and transporting oil and gas, but mineral owners argue they never agreed to that practice in the contracts they signed to lease their land. Written By: Jeremy Turley | ×
An oil well pumps at sunrise in western North Dakota's Bakken Formation. Forum News Service file photo
BISMARCK — A group of North Dakota Republicans has proposed a bill that would force oil companies to pony up millions of dollars to royalty owners who believe they've been hoodwinked.