Title: Authorizes Natural Gas Drilling in Certain Circumstances
Signed by Governor Jim Justice, Jr.
Title: Authorizes Natural Gas Drilling in Certain Circumstances
Title: Authorizes Natural Gas Drilling in Certain Circumstances
Vote to pass a bill that authorizes natural gas drilling under properties where 75 percent of royalty owners consent.
Authorizes natural gas producers, in cases where there are 7 or more royalty owners on a given property, and the producer has made an effort to negotiate with all royalty owners resulting in at least three-fourths of royalty owners consenting to use for natural gas drilling, the producer may lawfully drill for natural gas on such property (Article 1).
Specifies that non-consenting royalty owners are entitled to receive prorata shares of royalties resulting from certain revenues or revenue shares resulting from certain revenues, as per their choice (Article 1).
Title: Authorizes Natural Gas Drilling in Certain Circumstances
Vote to pass a bill that authorizes natural gas drilling under properties where 75 percent of royalty owners consent.
Authorizes natural gas producers, in cases where there are 7 or more royalty owners on a given property, and the producer has made an effort to negotiate with all royalty owners resulting in at least three-fourths of royalty owners consenting to use for natural gas drilling, the producer may lawfully drill for natural gas on such property (Article 1).
Specifies that non-consenting royalty owners are entitled to receive prorata shares of royalties resulting from certain revenues or revenue shares resulting from certain revenues, as per their choice (Article 1).
Title: Authorizes Natural Gas Drilling in Certain Circumstances