Shale Gas: What to Expect in 2013
Monday, January 28, 2013
Proactive Investors recently posted a list of 13 oil and gas trends to watch for in 2013. Each mention on this list, according to the writer, “…has the potential to have a significant impact on our industry in their own right.”
Here’s a few highlights from the list:
Unconventional Oil in the US- The IEA (International Energy Agency) predicts that by 2020 the US will become the world’s largest oil producer, and may even export by 2030.
The World Economy- Oil demand is linked to economic growth. The impact of austerity measures in the US and in the E.U. will negatively impact economic growth and therefore will be a drag on oil prices.
Hydrates Technology- Japan has been leading studies since 1995 in to the production of natural gas hydrates resources. The gas hydrate resource is bigger than all the oil, gas and coal conventional reserve available today.
LNG as a Transportation Fuel- Liquified Natural Gas (LNG) has penetrated the transportation market much more deeply and much more quickly than anyone had anticipated. The next push is in developing bunkering to allow for greater use of LNG as a fuel for shipping.
To read the entire list visit the website.
» Via: Proactive Investors › 12 oil and gas themes to follow in 2013
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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.