New Law: PA Monthly Production Reports Starting in 2015

On Tuesday MDN told you about two new bills passed in the Pennsylvania legislature–one that will move oil and gas reporting from every six months to every month, the other that requires drillers who have leases expire to issue a “surrender document” as proof the lease has ended (see 2 Bills on PA Gov’s Desk: Monthly Production #s, Lease Termination). Both bills where authored and sponsored by Rep. Tina Pickett (Republican, Bradford/Sullivan/Susquehanna). Good news for landowners–Gov. Tom Corbett signed both bills into law yesterday. Beginning next year (March 31, 2015), PA will move from semi-annual to monthly production reports…

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