Marcellus Shale Drilling at Pittsburgh International Airport is Approved
Thursday, February 21, 2013
Airplane passengers may see more than Pittsburgh’s skyline when landing at the Pittsburgh International Airport, they may also be seeing drilling rigs, according to the Tribune Review.
The Allegheny County Council voted Tuesday to allow Consol Energy the rights to drill on airport property no earlier than late 2014. Consol will pay the county $50 million, which includes $5,000 per acre and a $3.7 million surface rent payment for well pads.
The county will receive 18 percent royalty payments when production begins.
» Via: The Tribune Review › Council votes to allow gas drilling at airport
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Shale FAQ
What are mineral rights?
Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
Will I get free natural gas if I allow fracking on my property?
Maybe. It depends on your particular lease agreement. Some companies allow property owners a yearly free gas allowance. But, the process of connecting your property to the gas source may be more complicated. Some companies will provide a hookup, others require the landowner to provide one.