Ten years later, pipelines still pose a problem for shale industry
Friday, July 25, 2014
The Pittsburgh Tribune-Review reports that after a decade, the shale gas industry lacks efficient pipelines. Several problems, ranging from reversing pipelines so that product can be moved out of areas instead of into the areas to delivering enough gas to areas that have had shortages, are challenging gas companies.
From The Pittsburgh Tribune-Review:
“Roadblocks to catching up include the speed of growth in the gas fields, changes in the market and, most importantly, permitting delays, industry leaders said.”
Via: The Pittsburgh Tribune-Review > Gas pipeline issues challenge for producers, users
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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.