Rayne Xpress Pipeline gets FERC approval
Tuesday, November 14, 2017
The Rayne Xpress Pipeline recently received approval from the Federal Energy Regulatory Commission to begin shipping Marcellus and Utica shale natural gas to the Gulf Coast, according to Kallanish Energy.
The Rayne XPress Pipeline was developed by Columbia Gas Transmission, which is now part of TransCanada. It runs from Rayne, La. north to Leach, Ky. It will work in conjunction with the Leach XPress Pipeline being constructed in southeastern Ohio and northern West Virginia.
Combined the projects will cost $1.8 billion.
Learn more: Kallanish Energy > FERC approves service for Rayne XPress Pipeline
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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.