Seismic activity being monitored in Pennsylvania
Thursday, June 30, 2016
In Pennsylvania, there’s a history of small earthquakes. The causes aren’t very clear, and some earthquakes have occurred near shale well sites, but data hasn’t proven that the earthquakes occurred as a result of drilling.
Now, according to Pittsburgh Post-Gazette PowerSource, researchers are working to expand Pennsylvania’s earthquake monitoring network is expanding, adding sites across the state to collect seismic data.
The source reports that the state’s earthquake monitoring network will be able to keep the best records of Pennsylvania’s seismic activity. The state Departments of Conservation and Natural Resources and Environmental Protection funded the program with a total of $531,000.
Read more: Pittsburgh Post-Gazette PowerSource > State seismic network helps tell fracking quakes from natural ones
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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.