EQT Foundation awards Utica Shale Academy $25,000
Monday, September 19, 2022
The EQT Foundation, the philanthropic extension of EQT Corporation, awarded the Utica Shale Academy a $25,000 grant in June to be used for the school’s heavy equipment operator and maintenance program, according to The Review.
“We are impressed with the work and dedication of the students and faculty at the Utica Shale Academy as they train the next generation of employees who will help to fuel and grow the energy industry here in Appalachia,” said Ellen Rossi, president of the EQT Foundation.
The Utica Shale Academy provides a specialized academic program that responds to employers’ and industries’ current and emerging and changing global workforce needs.
Learn more: The Review > Utica Shale Academy Donation
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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.