In Light of NY Frack Ban, What Happens to Signed Leases? Hydraulic Fracturing | Industrywide Issues | Lease & Royalty Payments | New York | Regulation | Statewide NY December 19, 2014December 19, 2014 What happens to New York landowners who already signed leases with drilling companies, now that fracking has been banned by New York Gov. Cuomo? Will those leases expire? Could drillers decide to drill a vertical-only well?… Please Login to view this content. (Not a member? Join Today!) Related