Range looks to achieve zero gas emissions
Tuesday, May 28, 2019
The largest natural gas driller in the Marcellus Shale has made big strides in working towards achieving its ultimate goal of one day releasing zero greenhouse gas emissions, according to the Observer-Reporter.
Range Resources released its first Corporate Sustainability Report last week. The 32-page summary detailed the company’s success in reducing emissions over the past decade, along with other corporate initiatives, accomplishments and goals.
Range’s most prominent goal highlighted in the report is to achieve zero emissions across its operations. The company did not propose a timeframe for accomplishing its goal, but remains optimistic.
Learn more: Observer-Reporter > Range plans to achieve zero gas emissions
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Shale FAQ
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.
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.