Chesapeake launches program to responsibly produce natural gas in Haynesville, Marcellus
Friday, April 16, 2021
Chesapeake Energy Corp. has launched a pilot program with environmental monitoring company Project Canary to watch methane emissions more closely and earn a certification that natural gas from its Marcellus and Haynesville shale wells is responsibly produced, according to Natural Gas Intelligence.
The agreement includes installing methane gas monitors at select well pads in the Marcellus and Haynesville shale fields. According to the companies, the agreement could be expanded in time.
Chesapeake will utilize Project Canary’s on-site emissions monitoring technology and its TrustWell certification process to verify that the natural gas is responsibly produced, using the highest environmental standards possible.
Learn more: Natural Gas Intelligence > Chesapeake pilot to responsibly produce natural gas in Haynesville, Marcellus
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How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
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Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
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Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.