Oil Industry, State At Odds Over Royalty Payments

BISMARCK — The oil industry is working to avoid paying higher royalties to North Dakota by backing an amendment in a complex bill being considered in the final days of the state’s legislative session. The amendment stems from a dispute with the North Dakota Department of Trust Lands, which says some oil companies are underpaying…
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UPDATED: Lawmakers Propose Studying Tribal Tax Issues

BISMARCK – North Dakota lawmakers are proposing to form a committee to study tribal taxation issues in an attempt to reach a compromise with the Mandan, Hidatsa and Arikara Nation over oil tax revenue. Sen. Dwight Cook, R-Mandan, said he plans to introduce an amendment on Friday, April 21, that establishes a 10-member committee to…
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Legislature Gives Final Approval To Lake Sakakawea Mineral Bill

BISMARCK — The North Dakota Legislature has approved a bill clarifying that the state does not own minerals under Lake Sakakawea, setting up a process to return an estimated $187 million in bonus, rent and royalty payments. Supporters of Senate Bill 2134 say it’s about doing the “right thing” for citizens who retained their minerals…
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Western N.D. Opposes ‘Takings’ Of Oil Tax Revenue

BISMARCK – Western North Dakota communities are fighting what they consider a money grab for a portion of oil tax revenue. Townships in the top nine oil-producing counties were set to share about $25 million in gross production tax revenue for 2017-19 through Senate Bill 2013. An amendment approved by the House diverts $16 million…
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ND Oil Production Up 5 Percent; Bakken Needs 1,000 Workers To Fill Oil Jobs, Regulator Says

WILLISTON, N.D. — — North Dakota oil production exceeded expectations in February, jumping 5.4 percent to more than 1 million barrels a day, the Department of Mineral Resources said Thursday, April 13. Oil activity in the Bakken is projected to be “very aggressive” this summer, but companies are struggling to recruit enough workers for hydraulic…
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