Marcellus shale ethane arrives in Norway
Saturday, March 26, 2016
Pittsburgh Business Journal reports that the ship carrying Marcellus shale ethane that departed from Marcus Hook March 9 arrived in Norway March 23. The ethane was produced in southwestern Pennsylvania.
The gas will now be taken elsewhere in Europe to petrochemical plants for processing.
Read more: Pittsburgh Business Journal > Ship carrying first Marcellus ethane for Europe arrives in Norway
Related:
- Range Resources to ship ethane from Marcus Hook Jan. 23, 2016
- Marcellus gas will be on its way to Europe soon Jan. 14, 2016
- Ethane from Marcellus and Utica Shale to be shipped to Europe June 20, 2015
- Mariner East projects to have substantial economic impact in Pennsylvania Feb. 9, 2015
- Sunoco to bring natural gas liquids hub to East Coast Nov. 12, 2014
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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.