Shell ethane cracker about 70% completed
Wednesday, October 7, 2020
Although it’s unclear when Royal Dutch Shell’s ethane cracker in western Pennsylvania might begin operations, the $6 billion petrochemical complex is 70% complete, according to Kallanish Energy.
Hilary Mercer, a vice president of Pennsylvania Chemicals, Shell Polymers, made the announcement last week in a virtual-only presentation at Shale Insight 2020 conference.
The uncertainty surrounding the completion of the facility is driven largely by construction continuing through the coronavirus pandemic. There were 8,000 workers on site when work was suspended on the plant in the spring. Now, there are now about 6,000 construction workers on the site.
Learn more: Kallanish Energy > Shell ethane cracker in Pa. is about 70% done
Leave a Comment
Marcellus & Utica Shale Well Map
Additional Shale Maps
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.