Mountain Valley pipeline obtains water permit
Monday, September 6, 2021
The Mountain Valley pipeline moves one step forward with the Virginia Department of Environmental Quality’s approval of a key water permit, according to Natural Gas World.
The regulatory agency said there is “reasonable assurance” that the project “will not cause or contribute to a significant impairment of state waters or fish and wildlife resources,” in a 50-page order.
The pipeline is nearly completed and will stretch 300 miles across Virginia, transporting natural gas from shale fields in the Appalachian Basin.
Learn more: Natural Gas World > Controversial Virginia Gas Pipeline Gets Water Permit
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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.