By Erich Schwartzel-Pittsburgh Post-Gazette Firms gamble on future of drilling; owners risk royaltiesThe amount exploration and production companies pay to the mineral rights owners of a producing well. Pennsylvania state law requires this rate be no less than 12% of the market price per 1000 cubic feet of gas on the day that gas comes out
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Following Chesapeake’s alleged failure to submit proper data to the DEPThis state agency has permitting and primary regulatory authority over the natural gasA naturally occurring mixture of hydrocarbon and non-hydrocarbon gases beneath the earth’s surface – often in association with petroleum. industry in the state., the firm’s since released data shows Chesapeake leading the state’s
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A recent proposal by the U.S. Department of Interior would require shaleA fine grained sedimentary rock composed mostly of consolidated clay or mud. Shale is the most frequently occurring sedimentary rock. gasNatural gas trapped in a shaleA fine grained sedimentary rock composed mostly of consolidated clay or mud. Shale is the most frequently occurring sedimentary
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It seems like the questions regarding the safety of gas drilling are always the same: Can it pollute the water? Does it make people sick? Is it dirtying the air? These are all reasonable questions that have been left unanswered by a lack of funding. Nationwide efforts to investigate the impacts of drilling have been
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