Transco Extension approved to connect Appalachian Basin to Atlantic Seaboard
Thursday, July 23, 2020
Supplies in the Marcellus and Utica shale plays may finally be connected to markets along the Atlantic Seaboard as the Federal Energy Regulatory Commission approved the Williams Leidy South natural gas pipeline project, according to Natural Gas Intelligence.
The pipeline is an extension of the Transcontinental Gas Pipeline system and would source gas produced by Cabot Oil & Gas Corp. and Seneca Resources Co. LLC. It includes six miles of large-diameter pipeline loop, two compressor stations and associated facilities in Pennsylvania’s Clinton, Columbia, Lycoming, Luzerne, Schuylkill and Wyoming counties.
The project is anticipated to be completed ahead of the 2021-2022 winter.
Learn more: Natural Gas Intelligence > Transco Expansion Approved to Connect Marcellus, Utica Natural Gas to Eastern Markets
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How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
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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.