Infrastructure / Shale Daily / NGI All News Access


March 16, 2018
/ Print
| Share More
/ Text Size+

In “West Virginia Royalty Law Abolishing Post-Production Cost Deductions a Pen Stroke Away,” the story incorrectly indicated that Senate Bill 360 would prohibit post-production deductions from all oil and natural gas royalty payments. The enacted bill, which takes effect later this year, applies only to less common flat rate leases, which are often paid monthly or quarterly and are not tied to the volumes produced or marketed. NGI regrets the error.

ISSN © 2577-9877 | ISSN © 2158-8023

Recent Articles by NGI Staff Reports

Comments powered by Disqus