Shale gas production hits record high in Appalachian Basin
Friday, September 3, 2021
During the first half of this year, the Appalachian Basin recorded record shale natural gas production, according to the Energy Information Administration.
The Utica and Marcellus shales averaged 31.9 billion cubic feet (bcf) per day from January to June. The average is the highest for a six-month period since production began in 2008.
The EIA credits the increased production at least in part to growth in pipeline capacity. Total pipeline takeaway capacity from the northeast increased from 4.5 bcf/d to 24.5 bcf/d from 2008 to 2020.
Learn more: Farm and Dairy > Appalachian shale gas production hits record high this year
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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.