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Vol. 18, No. 49 Week of December 08, 2013
Providing coverage of Bakken oil and gas


Court sides with non-ops on payments

North Dakota ruling treats overriding royalty holders as mineral owner assignees; operators have 150 days to pay all interest owners

Jannelle Steger Combs

For Petroleum News Bakken

A recent North Dakota Supreme Court case provides support to non-operators who are not paid their share of the revenue from a well within 150 days of production. The court treated an overriding royalty as a mineral owner assignee which must be paid timely or face paying 18 percent interest on the ba....


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