North Dakota Supreme Court Decides In Favor Of Oil Firms In Royalties Case ...Middle East

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North Dakota Supreme Court Decides In Favor Of Oil Firms In Royalties Case
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The oil royalties which producers pay landowners should be calculated at the well, not at a higher price at some point downstream, the North Dakota Supreme Court said this week in a win for the oil industry. The Supreme Court of one of the largest U.S. oil-producing states was asked by a lower court to clarify language in landowners’ contracts with oil companies. The plaintiffs David and Paula Blasi have argued that they had been underpaid royalties that oil firms owe them to pump oil on their land.   The plaintiffs and their lawyers…

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