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The West Virginia House of Delegates overwhelmingly passed a bill, House Bill 4292, targeting nonpayment of gas and oil royalties. The bill would set a penalty for nonpayment of royalties under oil and natural gas leases during production from conventional vertical wells.
The state House Energy and Manufacturing Committee on, on Jan. 16, 2024, approved House Bill 4292, which would set a penalty for nonpayment of royalties under oil and natural gas leases during production from conventional vertical wells, making drillers liable for three times the market value of the extracted minerals for which payment is due.
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