Private landowners are reaping billions of dollars in royalties each year from the boom in natural gas drilling, transforming lives and livelihoods even as the windfall provides only a modest boost to the broader economy.
North Dakota's Land Board voted Thursday to raise the royalty rate companies have to pay if they produce oil from state lands. The decision affects new state land leases in Billings, Divide, Dunn, Golden Valley, McKenzie, Mountrail and Williams counties.
View your ad here! Cost effective targeted advertising. Contextual advertising starting as low as $79/month. This includes targeted ad delivery and search results! Add your business to the Marketplace »