Atlantic Sunrise pipeline to begin service next month
Friday, July 27, 2018
Last week, Williams Partners announced construction on the $3 billion Atlantic Sunrise Pipeline is expected to go into service in late August, according to Kallanish Energy.
The company is anticipating mechanical completion next month, with full-service of 1.7 billion cubic feet per day expected to begin in the second half of the month, pending final regulatory approvals.
Moving through five eastern states, the pipeline is seen as a key link to move Appalachian Basin natural gas from the Marcellus shale in northeast Pennsylvania to markets in the Mid-Atlantic and Southeastern U.S.
Learn more: Kallanish Energy > Atlantic Sunrise line likely to begin service in late August
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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.
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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.