Marcellus drillers ask Pa. DEP for more time to restore well sites
Monday, February 29, 2016
In Pennsylvania, Marcellus shale drillers are given nine months to restore well sites to their original condition — or as close to it as possible. But Pittsburgh Post-Gazette PowerSource reports that many companies are asking for more time.
The state Department of Environmental Protection has cited companies, including Range Resources, EQT Corp. and Chesapeake Energy Corp., for not having well sites restored, as well as companies that self-reported well sites that were out of compliance.
When the DEP decided on its oil and gas regulations (Chapter 78), it allowed companies an additional two years to restore well sites for certain conditions, such as an increase in reuse of water or less earth disturbance.
Read more: Pittsburgh Post-Gazette PowerSource > DEP weighs shale well site restoration
Related:
- Pa. DEP cites Range Resources for well site violations Feb. 28, 2016
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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.