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WV SB22
Bill
AI Summary
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Lessees or operators of conventional vertical oil, natural gas, or natural gas liquids wells who fail to pay royalties within six months of the due date are liable for treble damages (three times the market value of unpaid royalties)
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The treble damages penalty does not apply if there is a bona fide dispute between parties or if alternative damages are specified in a written agreement
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Applies only to disputes filed with a court on or after July 1, 2025
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Prevailing parties may be awarded reasonable attorney's fees and costs in addition to other remedies
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Jurisdiction and venue are proper in the county where the well and leasehold are located; effective July 6, 2025 (90 days from passage on April 7, 2025)
Legislative Description
Applying penalties for nonpayment of royalties under terms of oil and natural gas leases
Natural Resources
Last Action
Became law without Governor's signature- House Journal
4/12/2025