Pipelines bring economic boost to Appalachian Basin
Thursday, April 11, 2019
Pipeline construction within the Appalachian Basin has spurred economic activity in recent years, according to a study by Energy In Depth.
Pipeline construction projects have created $32.6 billion of investments and more than 124,000 jobs as companies build more than 3,500 miles of pipelines in parts of Ohio, Pennsylvania and West Virginia, according to the study.
The investment in pipelines shows the Appalachian Basin’s viability to continue producing and supplying natural gas and natural gas liquids in the years ahead, said Dan Alfaro, a spokesman for Energy In Depth.
Learn more: Akron Beacon Journal > Report: Pipelines bring economic boost to region
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
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.