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Williston Basin Royalty Owners Association

Local Oil Field Owners Want Their Royalties

21 Sep 2019 4:05 PM | Anonymous

KX News
by: Malik Wilson
Sep 21, 2019

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.

Williston Basin Royalty Owners Association. P.O. Box 725, Tioga, ND 58852-0725
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