Scientists uncover methane leak in North Dakota
Wednesday, October 19, 2016
Using a new approach to tracking methane, Scientists discovered North Dakota’s Bakken formation was leaking raw natural gas, including large amounts of methane, according to Scientific American.
The study found the Bakken was losing methane at a rate of 275,000 tons per year or the equivalent of 1.45 million cars added the nations highways for a year.
Incidentally, methane is 86 times more potent than carbon dioxide as a global warmer for the first nine years of its life.
It is still under debate weather or not the behavior of methane measure on a global scale is primarily being influenced by oil and gas production.
Learn more: Scientific American > Scientists Perfect a Way to Sense Airborne Methane
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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.