ACCRUED LIABILITIES

12 Months Ended

Dec. 31, 2020

ACCRUED LIABILITIES.

ACCRUED LIABILITIES

7.ACCRUED LIABILITIES

Accrued liabilities on the balance sheet consisted of:

	December 31,
	2020		2019
	(thousands of dollars)
Royalties payable (1)		1,151		1,166
Other Accrued Liabilities		1,218		1,104
Accrued Liabilities	$	2,369	$	2,270

(1)Royalties payable were derived during prior years of production. Liabilities do not accrue interest or have a stated maturity date.