Section 15-74-705 - Purchaser's price for royalty gas

It shall be the duty of both the lessee, or his or her assignee, and any pipeline company, corporation, or individual contracting for the purchase of oil or gas under any oil, gas, or mineral lease to protect the royalty of the lessor's interest by paying to the lessor or his or her assignees the same price, including premiums, steaming charges, and bonuses of whatsoever name for royalty oil or gas that is paid the operator or lessee under the lease for the working interest thereunder.Acts 1929, No. 222, § 3; Pope's Dig., § 10500; A.S.A. 1947, § 53-511.