Statutes, codes, and regulations
North Dakota Administrative Code
Title 43 - Industrial CommissionArticle 43-02 - Mineral Exploration and Development
Chapter 43-02-06 - Royalty Statements
Section 43-02-06-01.1 - Ownership interest information statement

N.D. Admin. Code 43-02-06-01.1

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Current through Supplement No. 392, April, 2024
Section 43-02-06-01.1 - Ownership interest information statement

Within one hundred twenty days after the end of the month of the first sale of production from a well or change in the spacing unit of a well or a decimal interest in a mineral owner, the operator or payor shall provide the mineral owner with a statement identifying the spacing unit for the well, and the effective date of the spacing unit change or decimal interest change if applicable, the net mineral acres owned by the mineral owner, the gross mineral acres in the spacing unit, and the mineral owner's decimal interest that will be applied to the well.

N.D. Admin Code 43-02-06-01.1

Adopted by Administrative Rules Supplement 368, April 2018, effective 4/1/2018.
Amended by Administrative Rules Supplement 376, April 2020, effective 4/1/2020.

General Authority: NDCC 38-08-06.3

Law Implemented: NDCC 38-08-06.3