West Virginia Senate Bill 1005: Clarifying processes of royalty payments for wells in this state

West Virginia · 2026 Regular Session

What it does

The purpose of this bill is to clarify the method of reporting and payments from all oil and gas wells royalties. The bill provides the method of calculations and payment of royalties requiring auditing of information relating to leased premises, and transparency and monitoring of leased minerals.

Latest action

To Judiciary (2026-02-19)

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