Weld County landowners seek class-action status over disputed royalties from Chevron, Occidental subsidiaries

WELD COUNTY — A trio of Weld County landowners is suing the local affiliates of oil giants Chevron Corp. (NYSE: CVX) and Occidental Petroleum Inc. (NYSE: OXY), saying that they have underpaid on mineral royalties for more than seven years.

In a complaint filed Monday in the U.S. District Court of Colorado, Boulter LLC, Ralph Nix Produce Inc. and Barclay Farms LLC said they were filing the suit as a stop-gap while their dispute with the drillers makes its way through the Colorado Oil and Gas Conservation Commission.

Ralph Nix and Barclay Farms operate near Platteville and Gilcrest, respectively.

The suit names Kerr-McGee…