H.B. 4270 -
Passed - March 10, 2018 -
Signed by Governor - March 27, 2018 -
Effective - June 8, 2018 -
The Information Reporting and Payments to Owners bill (H.B. 4270) is a companion bill to the Cotenancy...more
4/3/2018
/ Co-Ownership ,
Department of Environmental Protection ,
Gas Royalties ,
Horizontal Wells ,
Interest Accrual ,
Mineral Rights ,
New Legislation ,
Oil & Gas ,
Payment Terms ,
Private Right of Action ,
Reporting Requirements ,
State Legislatures
Summary of S.B. 360 -
SB 360 applies to flat rate royalty leases, i.e. leases for which the royalty is not "inherently related to the volume of oil and gas so extracted, produced, and marketed," and the conditions upon...more
Summary of H.B. 4268 -
At its core, the Cotenancy Modernization and Majority Protection Act ("Act") is a revision to the relationship between cotenants owning "oil or natural gas and their constituents." The Act is...more