Shell cracker plant to begin operations in 2022
Wednesday, April 7, 2021
Shell’s massive ethane crack plant in Beaver County, Pennsylvania, will be fully operational in 2022, the company announced last week, according to the Observer-Reporter.
The recent announcement was the first time the company targeted a launch date more specific than “the early 2020s.” The $6-$10 billion project has been in the works for almost a decade.
The facility will be used to convert ethane, sourced from natural gas in the Marcellus and Utica shale plays, to polyethylene pellets, a feedstock for plastics production.
Learn more: Observer-Reporter > Shell says cracker plant will begin operations in 2022
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.