Chevron Shale Well Fire no Longer Burning
Monday, February 17, 2014
Chevron reported that the fire at one of its shale gas wells in Green County, Pennsylvania, is no longer burning, according to the Herald Standard.
The fire, which was sparked by an explosion last Tuesday, Feb. 11, at the 7H Marcellus shale well pad in Dunkard Township, resulted in one injury and the disappearance of one man, who remains missing.
Wild Well Control, a crew based in Houston, Texas, specializing in fighting out of control wells, was brought in shortly after the explosion.
Safety still a concern
According to The Observer-Reporter, the well self-extinguished sometime Saturday afternoon.
Chevron official said the next step is to remove the last piece of equipment from the site, a large crane that is believed to be the ignition source.
Though the well is no longer on fire, in an interview with The Observer-Reporter, Scott Perry, deputy secretary for the office of oil and gas management for the Pennsylvania Department of Environmental Protection, said the situation is still volatile, stating that, “Something as small as static electricity could reignite it.”
» Via: Herland-Standard › Greene County gas well fire no longer burning
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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.
Green is Greene, named after General Nathaniel Greene, not the color