WV Landowners Drive a Hard Bargain for Pipeline Deals
Some West Virginia landowners who feel shortchanged with low drilling signing bonuses ($5 per acre) and royalty rates (12.5%) are holding out for better deals to run pipelines across their property, and that’s leading to a slow-down of new wells coming online in the state, according to a former DEP representative.
Counties being affected by the slowdown include Ohio, Brooke and Hancock. Typically pipeline easements are a one-time payment, like a signing bonus, and are based on a per foot price. How high will those prices go? Some of the numbers being tossed about are breathtaking.
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Marcellus Shale operations in Pennsylvania—and oil and gas operations nationwide—will need to reduce so-called air pollution emissions to comply with new federal rules issued yesterday. And even though the “fix” in “air pollution” regulations was mandated by a
An eleventh hour deal was snuck into the Pennsylvania budget signed into law by Gov. Tom Corbett late Saturday night. On Friday, an amendment was introduced to the budget that would establish a moratorium on drilling in southeastern Pennsylvania in the South Newark Basin, a small area which stretches from New Jersey through Bucks, Montgomery and Berks counties in PA.