I receive payoff statements from a TX based operator towards reaching the 150% mark so I can get the rest of my royalty, the non-consent WI. However, they keep moving the goal post with operation and reworking expenses. I thought that flew in the face of NDCC § 38-08-08 and how the state courts had ruled on expenses?
If not, a well could theoretically come out of being a WI if it had enough expenses years after reaching the 150% mark which doesn’t seem right.
Anyone have a thoughts? Thanks!