WVU to advance natural gas tech in Marcellus shale
Wednesday, March 1, 2017
West Virginia University has joined the newest branch of the United States Department of Energy’s National Network of Manufacturing Institutes, Rapid Advancement in Process Intensification Deployment Institute or RAPID for short.
According to the Dominion Post, the idea is to focus on developing break through technologies to boost productivity and efficiency within the industry be 20 percent over the next five years.
Hu and Hanjin Tian, assistant professors in the chemical and biomedical engineering department at WVU, will address how to turn natural gas into more valuable chemicals and plastics and how to do this at the wellhead.
The Department of Energy brought together more than 130 partners from academia, industry, government laboratories and non-governmental organizations across the country.
Learn more: Dominion Post > WVU joins national natural gas effort
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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.
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