Marcellus shale forms partnership with Junior Achievement of Western Pa.
Thursday, September 22, 2016
Earlier this month Junior Achievement of Western Pennsylvania and the Marcellus Shale Coalition announced a formal partnership to educate youth about the energy industry and introduce students to careers in science, technology, engineering and mathematics.
The new partnership will concentrate on expanding the Junior Achievement Careers in Energy program in local schools via the volunteer and Financial support of Marcellus shale members, according to a news release from both.
JA Careers in Energy has positively affected more then 5,000 students in Pennsylvania and West Virginia and Marcellus shale member companies have given more than $1.1 million in financial support since the program was introduced in 2011, according to the Observer-Reporter.
The companies that are currently working with Junior Achievement in support of the Careers in Energy program include Consol Energy, Energy Corporation of America, EQT Corp., MarkWest Energy Partners LP, Range Resources Corp., Shell, Talisman Energy USA Inc., Williams and XTO Energy.
Learn more: Observer-Reporter > Junior Achievement, Marcellus Shale Coalition form partnership
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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.