Prof. Ryan Kellogg comments on lease contract for CNBC May 23, 2024 In a piece from CNBC about the vice presidential prospect North Dakota Gov. Doug Burgum's relationship to oil magnate Harold Hamm, Harris Prof. Ryan Kelley, among other scholars, was asked to comment on a contract to lease 200 acres of Burgum's family's farmland to Hamm's company, Continental Resources. “The up-front bonus payment is not disclosed,” Kellogg said. “It’s just listed as ‘$10 and more’ where the ‘more’ is potentially significant. Bonuses are almost never disclosed in leases.” Kellogg said the document does not disclose details of a bonus to the Burgum farm company, except to give a low range of how much was paid. Read the full article here. Faculty Spotlight Ryan Kellogg Ralph and Mary Otis Isham Professor, and Deputy Dean Ryan Kellogg's research bridges industrial organization, energy economics, and environmental policy, focusing on the economics of energy supply and energy supply transition. Upcoming Events More events Harris Summer Campus Visit Mon., July 28, 2025 | 10:00 AM Harris School of Public Policy 1307 E 60th St Chicago, IL 60637 United States Civic Leadership Academy 2026 Virtual Information Session Wed., July 30, 2025 | 12:00 PM UChicago Summer Send-Off in Tokyo Thu., July 31, 2025 | 7:30 PM DevilCraft-Hamamatsucho, Risewell Building, 1F, Minato-ku Tokyo 105-0013 Japan