Changes to the oil, gas industry create benefits, concern – Business, Government Legal News from throughout WV

Marcellus and Utica royalty owners themselves have been experiencing new dilemmas and matters requiring their focused attention including decisions about lease signing details affecting bonus payments (often as much as thousands of dollars per acre), royalty percentages that they will receive upon successful drilling operations, pooling of their lease with others to allow for long horizontal drilling across multiple properties of individually owned oil and gas rights, permitting the use of their surface for building of access roads and drill pads and the placement of related meters, compressors, storage tanks, etc. Upon completion of drilling and well completion operations, those who also own the surface may soon be faced with aggressive requests to grant pipeline right-of-ways across their properties, often for the construction and installation of large diameter pipelines which may transport large volumes of shale gas under high operating pressures.

via Changes to the oil, gas industry create benefits, concern – Business, Government Legal News from throughout WV.