Ten years into Pennsylvania’s Marcellus boom, series will look at development
Friday, October 16, 2015
The exploration and development of shale oil and gas in regions across the United States has undoubtedly affected numerous landowners.
Beginning Oct. 19, The Patriot-News will begin a series focusing on the leasing, drilling, pipelines and environmental, health and safety standards surrounding the Marcellus Shale industry in Pennsylvania.
According to the newspaper, the series will explore the question of whether or not the shale development has equalled economic growth and environmental protection.
Via: The Patriot-News > PennLive to publish investigative series on Marcellus Shale development in Pennsylvania
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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.