Pennsylvania natural gas production reaches record highs in 2020
Thursday, July 8, 2021
Natural gas production reached a record high in Pennsylvania last year, despite the pandemic’s impact on drilling, according to Farm and Dairy.
Pennsylvania operators produced 7.1 trillion cubic feet of natural gas in 2020.
The data was released June 30 in the Pennsylvania Department of Environmental Protection’s annual Oil and Gas Report.
Learn more: Farm and Dairy > Natural gas production hit record high in Pennsylvania in 2020
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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.