Pennsylvania Continues to Hit a Home Run re Landowner Royalties

Back in 2018 MDN analyzed the economic impact from just one driller (Cabot Oil & Gas) in one county (Susquehanna County, PA) and discovered Cabot had put $1.5 billion into the pockets of private landowners through signing bonuses and royalties, and had spent another $3.5 billion on drilling (over $5 billion total spent) over a 10-year period--all in Susquehanna County (see Broome County, NY Substitutes Solar Crumbs for NatGas Feast). The Allegheny Institute for Public Policy has done a similar analysis looking at several counties in southwestern and northeastern PA to tabulate the revenue flowing to landowners from royalties and bonus payments. The numbers are staggering!

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