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Landowner News & Resources – Drilling for Natural Gas in the Marcellus Shale

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Archive for 'Lease & Royalty Paments'

Broome County, NY May Sign a Deal to Lease County-Owned Land for $15.9M

Lately it’s not been often MDN has reported on lease deals in New York State, due to the ongoing opposition of New York politicians to drilling in the state. So it’s with some surprise, and pleasure, that we noticed an article in today’s paper that Broome County, New York may soon sign a deal with [...]

Two-Thirds of Wyoming County, PA Land Now Leased, More Land being Sought by Drillers

Nearly two-thirds of the land in Wyoming County, Pennsylvania is leased by natural gas drilling companies, and recent strong gas production from wells in the northern part of the county have sparked a competition to lease even more Wyoming County land. The potential for rich gas strikes in the Marcellus Shale beneath Wyoming County has [...]

Western Reserve Petroleum Leases 4,500 Marcellus Shale Acres in Eastern Ohio in Last Two Weeks

Western Reserve Petroleum has just snapped up lease rights to 4,500 acres in the past few weeks in Jefferson and Harrison Counties in eastern Ohio, located close to the border of West Virginia and not far from Pittsburgh, a prime Marcellus Shale region. With one company locking up about 4,500 acres for oil and natural [...]

Members of Landowner Group in Broome County, NY Receive First Payment for Lease Deal

Stop the press: There’s actually been some GOOD news from New York State on the drilling front. Inflection Energy has just issued payments to some 130 residents in the Town of Maine (Broome County, NY) to secure drilling rights to their land, when/if drilling ever begins in New York State. The deal, announced in February, [...]

Atlas Energy/Reliance Industries Pay $192 Million for Leases on 42K Acres in PA Marcellus Shale

The recently announced joint venture between Atlas Energy and Indian energy giant Reliance Industries (a deal worth $3.5 billion over 10 years) is already bearing fruit. Together they’ve just forked over $192 million to secure leases for more land in Pennsylvania. Independent oil and gas company Atlas Energy will buy 42,344 acres in the gas-rich [...]

Binghamton Natural Gas Summit: National Association of Royalty Owners Executive Director Jerry Simmons

Jerry Simons was the final presenter at the March 18 Binghamton Natural Gas Development Summit. He is the executive director of the National Association of Royalty Owners (NARO). According to Mr. Simmons, NARO is the only organization to represent landowners that is completely independent and not attached to energy companies in any way. NARO was [...]

Breaking News: PA Supreme Court Rules Against Landowner Seeking to Invalidate Lease

Last year, Susquehanna County landowner Herbert Kilmer sued ElexCo Land Services Inc. and Southwestern Energy Production to invalidate his lease. The reason? He said that by deducting drilling costs from his royalty payments, his payments fell below Pennsylvania’s law that a minimum one-eighth share of royalties are guaranteed to the landowner. A Susquehanna County judge [...]

A Novel Approach to Signing New Landowners by Chesapeake Energy in Bradford County, PA

Forget the landmen, Chesapeake Energy wants to talk directly to landowners and is throwing a “signing party” hoping to convince landowners in Bradford County to show up and sign up at the Wysox Fire Hall on March 20th. Chesapeake sent letters to unsigned landowners in Towanda, North Towanda, Wysox, Standing Stone, Monroeton, Asylum, Wyalusing and [...]

Energy Companies in PA Must Now Disclose Gas Well Production Numbers Every Six Months

Faster disclosure of gas well production data is coming to Pennsylvania. On Tuesday, March 16 the PA Senate passed a bill already passed by the PA House that would force drilling companies to disclose gas well production data every six months. The existing law, passed 25 years ago, allows drillers to keep production numbers secret [...]

New Directory of Marcellus Landowner Groups

Marcellus Drilling News has just posted an online directory of landowner groups. One of the best ways for landowners to protect themselves and obtain favorable terms for leasing their land, and protecting their land environmentally, is to collectively negotiate with energy companies. Many landowner groups have sprung up in the Marcellus Shale region over the [...]

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