Nebraska § 57-219 - Oil and gas leases; annual delay rentals; royalties.
Full text of Nebraska Revised Statutes of Nebraska § 57-219 — Oil and gas leases; annual delay rentals; royalties., with citation guidance and answers to common questions.
§ 57-219. Oil and gas leases; annual delay rentals; royalties.
Oil and gas leases, issued pursuant hereto, shall be for terms not to exceed ten years and as long thereafter as oil or gas is produced in paying quantities. Such leases shall provide for annual delay rentals of not less than twenty-five cents per acre and for a royalty of not less than twelve and one-half percent of all oil, gas, hydrocarbons and all other petroleum products produced and saved from the lands covered thereby and not used in the development and operation of the leased premises, or twelve and one-half percent of the market value thereof at the leased premises, free of cost to the lessor.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 57-219
What does Revised Statutes of Nebraska § 57-219 cover?
Section 57-219 ("Oil and gas leases; annual delay rentals; royalties.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 57-219?
A common citation format is "Revised Statutes of Nebraska § 57-219" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 57-219 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.