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ND SB2131
Bill
Status
Introduced
1/5/2011
Primary Sponsor
David Drovdal
Click for details
AI Summary
- Creates a new section in North Dakota Century Code chapter 47-16 establishing a surface access fee for oil and gas operations
- Persons obligated to pay royalties under oil and gas leases or division orders must pay an entry fee equal to 8 percent of oil and gas royalties payable within the spacing unit
- Entry fee is paid from the royalty interest for access to the surface for oil and gas exploration and production
- Fee is distributed to all surface owners in the spacing unit in proportion to each surface owner's ownership interest in the surface area covered by the spacing unit
Legislative Description
A surface access fee for oil and gas exploration and production.
Last Action
Second reading, failed to pass, yeas 6 nays 40
1/21/2011
Committee Referrals
Natural Resources1/5/2011
Full Bill Text
No bill text available