Degner takes over Range Resources’s shale operations in Pa.
Thursday, October 20, 2016
Dennis Degner is now overseeing all of Range’s shale operations in Southwestern Pennsylvania as its newly promoted to Vice President of the Southern Marcellus Shale Division, according to the Observer-Reporter.
Degree began his career in the oil and gas industry working for Halliburton. He moved on to become Range Resources Director of Completion in 2010. Making the move to Pennsylvania, Degree’s task was to oversee completions engineers and the water group for Marcellus operations.
Degree has a degree in agricultural engineering from Texas A&M.
Learn more: Observer-Reporter > Range’s Dennis Degner Named New Vice President of Southern Marcellus Shale Division
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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.
Good for him and for Range. They are a prominent operator in PA. (Have a look at the article and reference to his name.)