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Committee adopts substitute for Senate Bill 22 setting six‑month royalty payment deadline for conventional wells
Summary
A committee approved a substitute for Senate Bill 22 requiring royalties on conventional wells to be paid within six months of when payment is due, designating county courts for jurisdiction and allowing judges to award attorney fees for disputes filed on or after July 1.
CHARLESTON, W.Va. — The committee approved a committee substitute for Senate Bill 22 that would require royalties from conventional oil and gas wells to be paid within six months of the date the payment becomes due and designate the county where the well is located as proper jurisdiction for disputes.
The substit…
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