PA Cross Unit Drilling One Vote Away from Becoming Law
Yesterday the Pennsylvania House Environmental Resources and Energy Committee “reported out” (i.e. approved) Senate Bill (SB) 694, which is the Senate version of what was House Bill (HB) 247, a bill which allows fully leased parcels that are part of one drilling “unit” to be combined with parcels in a different unit–“cross unit drilling.” The full Senate voted to approve the bill on September 25 by a vote of 49-0 in favor. Yes, a unanimous vote, with both Republicans and Democrats voting to approve it in the Senate. We’re now one vote away from final passage–the full House. There’s little doubt it will pass.
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The last time Equitrans talked about the status of its 303-mile Mountain Valley Pipeline project (from Wetzel County, WV to Pittsylvania County, VA) was July, when the company said the cost for the project had ballooned to $5 billion and the in-service date delayed until mid-2020 (see
A common refrain for both landowners and drillers who want to buy/sell/swap mineral rights for drilling is the same: How do you find buyers (or sellers)? Some have resorted to auctions. Others, plain old word-of-mouth. They both have a new way to find buyers or sellers: Something called
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