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House Passes Royalty Repayment Bill

Summary by Lootpress
CHARLESTON, WV (LOOTPRESS) – On Day 51 of the Legislative Session, every bill up for passage was read in full. Senate Bill 22 applies royalty payment disputes on conventional vertical oil and natural gas wells filed on or after July 1, 2025. The bill states that a lessee who fails to pay royalties on mineral production within six months of the due date is liable to the lessor for an amount three times the market value of the unpaid royalty. Sena…
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House Passes Royalty Repayment Bill

CHARLESTON, WV (LOOTPRESS) – On Day 51 of the Legislative Session, every bill up for passage was read in full. Senate Bill 22 applies royalty payment disputes on conventional vertical oil and natural gas wells filed on or after July 1, 2025. The bill states that a lessee who fails to pay royalties on mineral production within six months of the due date is liable to the lessor for an amount three times the market value of the unpaid royalty. Sena…

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Lootpress broke the news in on Friday, April 4, 2025.
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