Efficiencies boost natural gas production in US
Tuesday, June 30, 2020
Natural gas production continues to grow in the United States because production continues to get more efficient, according to the U.S. Energy Information Administration.
The EIA report revealed newer wells are boosting production in shale formations across the U.S. Furthermore, the average new well in the Haynesville, Permian, Eagle Ford, Niobrara and Bakken regions in 2019 produced more natural gas than wells drilled in previous years in those same regions.
This trend has persisted for 13 consecutive years in all regions except the Haynesville, which had a brief productivity decline between 2013 and 2015.
Learn more: Kallanish Energy > Efficiencies boost US natural gas production: EIA
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Shale FAQ
How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
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.
What are royalties?
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.