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 Drop-in with a Director Mon., October 27, 2025 | 12:00 PM Harris Credential Programs General Webinar Tue., October 28, 2025 | 12:00 PM Coffee Chat in Boston, MA Tue., October 28, 2025 | 3:00 PM Tatte Bakery 1352 Boylston St Boston, MA 02115 United States