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The West Virginia House of Delegates overwhelmingly passed a bill, House Bill 4292, targeting nonpayment of gas and oil royalties. The bill would set a penalty for nonpayment of royalties under oil and natural gas leases during production from conventional vertical wells.
The West Virginia House of Delegates Energy and Manufacturing Committee approved a bill viewed as a legal shield for Diversified Energy Company, the nation s largest gas and oil well owner. The bill would loosen gas well-plugging regulation.
The full West Virginia House of Delegates will consider a bill, House Bill 4292, that would target nonpayment of gas and oil royalties after the House Judiciary Committee advanced the legislation. The bill would set a penalty for nonpayment of royalties under oil and natural gas leases during production from conventional vertical wells.
The full West Virginia House of Delegates will consider a bill, House Bill 4292, that would target nonpayment of gas and oil royalties after the House Judiciary Committee advanced the legislation. The bill would set a penalty for nonpayment of royalties under oil and natural gas leases during production from conventional vertical wells.