Oil field owners want their royalties

Video

Local oil fields are being accused of stealing royalties.

A building conversation has Local oil field owners furious about a change in their royalties. A decrease in royalty earnings has tracked back to 2015. Over three-hundred million dollars in “lost money”, has accumulated in just one year according to the founder of the Williston Basin Royalty Owners Association Bob Skarphol. Royalty owners feel they are not being given accurate information from the oil companies. And say they need a voice.

We spoke with Bob Skarphol, Founder of the Williston Basin Royalty Owners Association. He said this. “I think down the road we need to do that. We need to have some body that’s in that legislative process every day representing our interest. You know, a professional. A very very intelligent, well qualified person.”

Skarphol will be hosting a meeting this Monday at 6 pm central at the Roughrider Center in Watford City to discuss solutions moving forward.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Stories

More Local News

Recent Videos

Top plays 8-2

Baseball

Robert One Minute 8-2

Capital A'Fair continues on

Parenting class

Allergic reaction to mosquito bites

Fake car seats

Paying off debt

Babe ruth baseball

SWAT team called

COVID-19 ND Watch 8-2

Baseball

Governor's Cup

Housing justice march

Williams County first COVID-19 death

North Prairie Farmer's Market

Robert One minute 8-1

Robert Suhr KX News At 6pm Forecast 8-1-20

Sabre Dogs

More Video

KX News Trending Stories

Don't Miss