PA Game Commission Gets Big Royalties on New State Land Leases
The Pennsylvania Game Commission voted on Wednesday to approve oil and gas drilling agreements on state land in five PA counties—some of the deals are new and some are extensions/renewals of existing deals. That’s newsworthy in and of itself (and sure to drive anti-drillers bonkers).
The news for landowners in this story, however, is the royalty percentages for the new land deals. Some impressive numbers: