Mountain Valley Pipeline to be completed next year
Wednesday, August 12, 2020
Equitrans Midstream recently announced its $5.4 billion Mountain Valley natural gas pipeline will be completed early next year, according to Hydrocarbons Technology.
The Mountain Valley pipeline system stretches across 303 miles from West Virginia to southern Virginia. It will be able to deliver 2 billion cubic feet per day from the Marcellus and Utica shale formations in Pennsylvania, Ohio and West Virginia to Mid-Atlantic and south-east markets.
The Mountain Valley had previously been delayed due to regulatory and legal hurdles with environmental and local groups.
Learn more: Hydrocarbons Technology > Equitrans expects to complete Mountain Valley gas pipeline next year
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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.