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ND’s cut of oil royalties on state land increasing

November 26, 2012 in The Daily Republic

BISMARCK, N.D. (AP) North Dakota has reaped more than $1.1 billion since 2007 thanks to drilling activity an especially impressive tally considering about 90 percent the state is privately owned.
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N.D. Land Board approves bigger oil royalty rate on state lands

January 26, 2012 in Grand Forks Herald

North Dakota’s Land Board voted today to raise the royalty rate companies have to pay if they produce oil from state lands.

The decision affects new state land leases in Billings, Divide, Dunn, Golden Valley, McKenzie, Mountrail and Williams counties. Continue Reading

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