Utica Shale for Dummies
Thursday, December 27, 2012
Fool.com, “the official website for the long-term investor,” just published a great article that breaks-down the Utica shale play for investors. Why is it so great? It’s straight to the point and easy to read. The various graphs and charts also help to put the Utica in to perspective.
This particular article is part of a larger series about the oil and gas boom in the United States.
Read it:
“The Utica Shale is an oil and gas play that’s still in its infancy, but it could hold lots of potential energy. The shale is located in the Appalachian Basin, primarily in Pennsylvania, Ohio, New York, Virginia, and West Virginia, and sits under another famous shale play, the Marcellus.”
The article then describes what companies are participating in drilling in the Utica. Rig counts, acreage and production numbers are presented in nicely designed graphs.
Read more at The Motley Fool.
» Via: The Motley Fool › Better Know an Energy Play: Utica Shale
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Marcellus & Utica Shale Well Map
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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.