Royalty Payments

Kaiser-Francis Oil Company Interest on Royalty Payments Class 2 Settlement

Kaiser-Francis Oil Company is paying $1.6 million to settle the second part of a class action about royalties from the sale of oil, gas, or other minerals from wells in Oklahoma. The complaint alleged that Kaiser-Francis did not pay the statutory interest owed on royalty payments that were made late, as required by Oklahoma’s Production  Read more

Kaiser-Francis Oil Company Royalty Payments Class 1 Settlement

Kaiser-Francis Oil Company is paying $10 million to settle a class action about royalties for oil and gas wells it operates, or has a working interest in, in Oklahoma. The complaint alleged that Kaiser-Francis underpaid the royalties due on gas or gas constituents taken from the wells. This is the Class 1 Settlement, about the  Read more

Noble Energy, DCP Midstream Underpayment of Royalties Class Action

This is a class action about an earlier class action settlement. The earlier settlement set forth a way of calculating the royalties Noble Energy, Inc. would pay the settlement class. But the complaint for this new class action claims Noble did not stick to that agreement. It claims, first, that another company, DCP Midstream, LP,  Read more

Merit Energy No Interest with Late Payments Oklahoma Class Action

Merit Energy Company, LLC produces oil, gas, and other constituent products from oil and gas properties, for which it pays royalties to those with interest in these properties. Oklahoma’s Production Revenue Standards Act (PRSA) requires that when those payments are made beyond the time period in which they are due, oil and gas producers must  Read more

Hilcorp Interest on Late Oil and Gas Royalty Payments New Mexico Class Action

This class action against Hilcorp San Juan, LP alleges that the company does not pay its oil and gas royalties on time, and that it violates New Mexico’s Oil and Gas Proceeds Act by not then paying interest on the untimely royalties.  Read more

Hess Bakken Oil and Gas Royalties for North Dakota Leases Class Action

This class action concerns proper royalty payments for gas and oil leases in North Dakota for which Hess Bakken Investments II, LLC is the lessee. The plaintiff and lessor, Ronald Penman, entered into the lease with a different company in October 2009 and Hess took over as lessee in 2010. The complaint alleges that Hess  Read more

Cengage Learning Calculation of Textbook Author Royalties Class Action

Cengage Learning Holding II, Inc. and Cengage Learning, Inc., the defendants in this case, are publishing companies; the plaintiff, Fred Kleiner, is an author. The complaint alleges that Cengage underpays Kleiner’s royalties by ten to thirty percent and thus calculates that Cengage owes authors $12 million to $18 million in underpaid royalties each year.  Read more

EQT, Rice Drilling D Leases Royalty Calculation Class Action

Owners of oil and gas leases are paid royalties on sales of the products taken out of their land. In this case, the complaint alleges that EQT Corporation violated the terms of leases by calculating royalties based on sales to its affiliated companies, rather than on sales at higher prices to unaffiliated companies.  Read more

Tug Hill Royalties on Oil and Gas Leases West Virginia Class Action

This class action aims “to recover for the underpayment of royalties and the payment for production owed” under certain oil and gas leases in West Virginia. It brings suit against TH Exploration, LLC, TH Exploration II, LLC, and Tug Hill Operating, LLC, the lessees, alleging that the companies are not providing “clear and accurate information”  Read more

Marathon Oil Delivery of Royalties on Leases North Dakota Class Action

Cases around oil leases usually center on payment of less than the amount actually owed or a failure to pay interest on royalties paid late. This one alleges the Marathon Oil Company has not paid a required share of the oil produced to those who own the leased property as well as the taking of  Read more