Pennsylvania’s natural gas industry could be affected by new methane emissions plan
Monday, October 5, 2015
The Patriot-News reports that Pennsylvania’s natural gas industry could be affected by new methane emissions rules, first announced by the Obama administration at the beginning of the year.
Methane is the main component of natural gas. President Obama plans to reduce methane emissions from shale wells by about 50 percent in the next 10 years to improve air quality and climate change.
The newspaper lists five items related to this methane emissions plan and how they could impact Pennsylvania’s natural gas industry.
Via: The Patriot-News > EPA’s methane emissions plan: 5 things you need to know
More about methane emissions and the shale industry:
- Proposed regulations could restrict methane emissions from oil and gas industry Sept. 8, 2015
- New research shows methane leaks in three U.S. natural gas fields in line with federal estimates Feb. 23, 2015
- Obama plans to cut methane emissions by at least 40 percent Jan. 16, 2015
- The shale industry’s money-making component: Methane Oct. 12, 2014
- Methane gas leaks a cause for concern with unconventional drilling July 7, 2014
- Study Shows Methane Often in Ground Water Prior to Drilling March 10, 2014
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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.