The Marcellus Drilling News reports that royalty payments in Pennsylvania's Bradford County have topped $160 million.
Here is the story from the local newspaper:
So far, Marcellus Shale gas production has generated $160 million in royalties for land owners in Bradford County, a Penn State Extension educator said at a recent public meeting in Wysox Township.
And the number of royalty recipients will continue to grow, since there have been 1,856 gas wells drilled in the county, but only 512 of those wells are producing gas commercially, said agronomy educator Mark Madden of Penn State Extension.
In addition to the wells that have been built, many additional permits have been issued for wells that have yet to be constructed or are in the process of being developed, he said.
Recently, there has been a downturn in the pace of drilling locally as gas companies have diverted their drilling resources to western Pennsylvania and Ohio, where they can produce natural gas liquids and oil, which is “much more attractive economically” for them to do at this time, he said. The local Marcellus Shale play is also in competition for drilling resources with other shale plays in other regions of the country that can produce wet gas, he said.
Still, Bradford County is still in a good location for gas drilling, in terms of the demand for the gas, he said.
“The gas is very prolific here, by most accounts,” Madden said. “We are very close to the Eastern seaboard,” where there is a lot of demand for gas, he said.*
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.