By Peter H. Milliken Pennant Midstream is ready to begin building a processing facility and start moving natural gasA naturally occurring mixture of hydrocarbon and non-hydrocarbon gases beneath the earth’s surface – often in association with petroleum. through a new pipelineUnderground or surface tubing or piping that is installed across states, countries and continents to
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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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Is a gas company offering to pay you 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 of the ground
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Yaterra Ventures, Inc.—a Texas company—is negotiating final terms on a work over lease agreement which includes more than 150 wells on more than 1,600 acres of land in Western Pennsylvania. According to Yaterra executives, most of these wells are production capable but are not in use due to financial constraints of the previous owners. The leases are
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There are so many questions surrounding shaleA fine grained sedimentary rock composed mostly of consolidated clay or mud. Shale is the most frequently occurring sedimentary rock. drilling, and Penn State Extension seeks to educate communities with its “Marcellus & Beyond” lecture series. Have you been approached to lease your property? Is there an opportunity for
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