Newfield Exploration Co. v. State Ex Rel. North Dakota Board of University and School Lands

Citations

• 2019 ND 193
• 931 N.W.2d 478

Syllabus

District court erred in its interpretation of an oil and gas lease. Gross proceeds from which royalty payments were calculated could not be reduced by an amount that either directly or indirectly accounted for post-production costs incurred to make the gas marketable.