“Superpads” taking over Marcellus Shale
Wednesday, January 24, 2018
In the early days of the shale boom, drilling three wells from a single well pad was considered a Marvel. Those days are gone.
According to the Pittsburgh Post-Gazette, oil and natural gas companies such as EQT Corp. are “supersizing” their well pads in the Marcellus shale to create “superpads.” “Superpads” are concrete platforms that can house 30 to 40 wells with long horizontal lateral stretching underground for up to four miles in each direction.
So far, EQT is paving the way for “superpads” in the Marcellus with about a dozen sizes permitted for 20 or more wells.
Learn more: Pittsburgh Post-Gazette > These days, oil and gas companies are super-sizing their well pads
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.