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§ 15-74-701. Penalty

Any person willfully or maliciously violating any of the provisions of this subchapter shall be deemed guilty of a misdemeanor and upon conviction shall be fined in any sum of not less than one hundred dollars ($100) nor more than five hundred dollars ($500).

§ 15-74-702. Royalties paid in lieu of drilling off-set wells on adjacent units

Where royalties are paid in lieu of drilling off-set wells on forty-acre units adjacent to forty-acre units already in production, the forty-acre units adjacent to the forty-acre unit receiving the royalty payments shall immediately after the signing of the agreement or contract become off-set units, and drilling operations shall begin on each adjacent forty-acre off-sets, […]

§ 15-74-703. Entitlement of royalty interests to premiums and bonuses

All purchasers of oil and gas shall pay to the royalty interest the same premium or bonus above the posted market price for oil or gas they pay to the leaseholder or working interest under any oil, gas, or mineral lease on lands from which oil or gas may be purchased under contract with the […]

§ 15-74-705. Purchaser’s price for royalty gas

It shall be the duty of both the lessee, or his or her assignee, and any pipeline company, corporation, or individual contracting for the purchase of oil or gas under any oil, gas, or mineral lease to protect the royalty of the lessor’s interest by paying to the lessor or his or her assignees the […]