Marcellus Shale Laws in Pennsylvania

By Andrea: http://oilshalegas.com

Pennsylvania legislations is currently being written to better promote Marcellus Shale drilling in Pennsylvania. There are two new law that are currently in the words. The first law, called The Mineral Rights Act - House Bill No. 1436, is being drafted to ensure land is actively being used where Marcellus Shale activity is plausible. The second bill, called The Conservation Pooling Act, is being drafted to ensure conservation of the land while actively protecting land owners.

For further details, read the full article here: http://www.environmentallawresource.com/2010/08/articles/land-use/new-marcellus-shale-laws-in-pennsylvania-would-impact-subsurface-property-rights-and-pooling/


I think this is a good turn for Marcellus Shale in Pennsylvania. It will stir activity in the Marcellus Shale areas while keeping a positive spin and a close watch on the drilling activities. Some major companies currently involved in Marcellus Shale activity include: Exxon Mobile (XOM), Range Resources (RRC), Chesapeake Energy (CHK), EOG Resources (EOG), Saint Mary Land and Exploration (SM) and Unit Corp (UC).

For more shale updates, visit: http://blackberrystocks.blogspot.com

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Marcellus Shale - Water Issues getting Solved 9/12/08

Six companies exploring for natural gas in the Marcellus Shale received approval Thursday to draw 30 million gallons of water per day from the Susquehanna River Basin.

Thursday’s approvals increased the amount of water gas companies can remove from the basin to more than 41 million gallons daily, or enough water to fill nearly 70 Olympic-size swimming pools every day. Two other companies were previously authorized to draw 11 million gallons daily.

The agency that regulates water withdrawals from the basin, the Susquehanna River Basin Commission, approved the applications at a meeting at Bucknell University

Full Article Here

Marcellus Shale: Wyoming County, PA landowners sign - 8/14/08

A packed Tunkhannock Area High School auditorium buzzed on Wednesday evening with one topic: natural-gas lease profits.

The rush is on in western Wyoming County, with the Wyoming County Landowners’ Group and its more than 45,000 acres in the gas-filled Marcellus Shale region recently accepting a lease agreement with the Unit and Citrus oil and gas drilling companies.
Landowners signed for $2,850 per acre sign-on bonuses, minus consultant payments, for five-year leases with 17 percent drilling royalties. If the lands aren’t drilled within five years, there are two one-year extensions each for $1,000 per acre.
The deal was brokered by Jack Sordoni and Chris Robinson, both oil and gas drillers in western Pennsylvania. The terms of the lease provide them with 15 percent of the $590-per-acre sign-on bonus increase they brokered from the $2,260 per acre the land group initially negotiated.

http://www.timesleader.com/news/Wyoming_County_landowners_sign_brokered_gas-drilling_lease_deals_08-13-2008.html