Energy Transfer natural gas pipeline explodes in Texas
Wednesday, July 13, 2022
An Energy Transfer natural gas pipeline exploded and set off a two-hour fire in a rural area on the west edge of Houston last Thursday, according to Reuters.
Energy Transfer reported a release of natural gas from the pipeline started around 10:25 a.m. Central Standard Time. By 12:10 p.m. firefighters had extinguished the blaze.
No injuries were reported as a result of the incident.
Learn more: Reuters > Energy Transfer natural gas pipeline explodes near Houston
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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.
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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.