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3 sections in this chapter.
W. Va. Code § 37C-1-1 Oil and natural gas production information reporting from horizontal wells
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(a) An operator or producer or their agents, contractors or assigns shall provide the following information with each payment to all interest owners receiving payments resulting from the development and production of oil, natural gas, or their constituents by horizontal wells gov…
W. Va. Code § 37C-1-2 Accumulation and payment of proceeds from production from horizontal wells
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Notwithstanding any of the other provisions of this article, proceeds from production of oil, natural gas, and natural gas liquids from horizontal wells may be accumulated by the owners, cotenants, lessees, operators, or their agents, contractors, or assigns, until such time as p…
W. Va. Code § 37C-1-3 Payments from horizontal wells to be made timely; interest penalties
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All regular production payments from horizontal wells due and owing to an interest owner shall be tendered in a timely manner, which shall not exceed 120 days from the first date of sale of oil, natural gas, or natural gas liquids is realized and within 60 days thereafter for eac…
