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New York Prohibits Fracking

by Elizabeth Alford on July 2, 2015

After exploring the issue of fracking for over seven years, New York State officially banned the drilling practice this week.

Join the Discussion: Mineral Rights Owners in New York

In May, New York’s Department of Conservation (DEC) released its findings in a 1,448-page report after receiving over 260,000 comments from concerned citizens who urged the Department to severely restrict the practice of high-volume hydraulic fracturing or to prohibit it altogether. The report outlined the pros and cons of fracking and alternate ways that state regulators might deal with the drilling technique. The release of the DEC’s formal Finding Statement on Monday effectively bans fracking throughout the state.

Commissioner Joe Martens commented that “High-volume hydraulic fracturing poses significant adverse impacts to land, air, water, natural resources and potential significant public health impacts that cannot be adequately mitigated. This decision is consistent with DEC’s mission to conserve, improve and protect our state’s natural resources, and to enhance the health, safety and welfare of the people of the state.”

Proponents and opponents of the ban both said they expect lawsuits to be filed.

Earlier this month, the EPA announced that they found no evidence that fracking have led to widespread, systemic impacts on drinking water in the United States.

Related: EPA Finds Little Risk to Drinking Water from Fracking

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Pennsylvania Royalty Owners Find Advocate

by Elizabeth Alford on June 30, 2015

Mineral royalty owners in Pennsylvania are getting another chance for fair payments thanks to State Rep. Garth Everett, who re-introduced a bill that will make sure owners receive what they deserve.

House Bill 1391 addresses complaints that gas companies are cheating leaseholders by charging exorbitant post-production fees for things such as processing and transporting gas. The bill amends the Oil and Gas Lease Actt of July 20, 1979 and provides for minimum royalty payment for unconventional gas well production and remedies for failure to pay the minimum royalty.

One resident of Susquehanna County, told stateimpact that he “has lost more than six figures in royalty payments.” Stories like this have prompted several lawsuits and garnered the attention of Everett who says that “When PA landowners signed leases for a percentage of the value of the gas produced from their property, they were assured by the gas companies that they would receive no less than the statutory one-eighth – not something significantly less than that because of deductions.”

Land have prompted several lawsuits and garnered the attention of Everett and 37 others lawmakers who are co-sponsoring the bill. cost landowners a great

Are you a mineral owner in Pennsylvania? Ask questions or share your experiences in the Pennsylvania Mineral Rights Group – Mineral Rights Forum

Read about the bill at state.pa.com 

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Companies Strong Arm Mineral Owners in West Virginia

June 25, 2015

Antero Resources filed suit in a West Virginia court against mineral owner, Lorena Krafft, when lease negotiations didn’t go to their liking. The company asked the court to end her ownership in the tract of minerals she owns in Harrison County. Related: West Virginia’s Marcellus Shale Because West Virginia does not have a pooling law in […]

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Leasing Activity Remains High

June 23, 2015

The drop in oil prices last year has had a ripple down effect throughout the industry including a reduction in national and regional rig counts and fewer drilling permits being issued. But oddly, the same thing is not true of leasing activity. According to DrillingInfo (DI), the volume of leases so far in 2015 has […]

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New Legislation Closes Fracking Loophole

June 18, 2015

New legislation in the U.S. Senate attempts to remove the loopholes found in the Clean Water Act that exempts some oil and gas companies that are involved in hydraulic fracturing. Sen. Ben Cardin (D-Md.) has introduced the FRESHER Act (Focused Reduction of Effluence and Stormwater runoff through Hydraulic-fracturing Environmental Regulation) in an effort to create […]

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Hints on Negotiating Oil & Gas Leases

June 16, 2015

Texas A&M Real Estate Center has released its latest recommended guidelines for getting the most out of negotiating an oil and gas lease. “Hints on Negotiating an Oil & Gas Lease”, written by attorney Judon Fambrough, was written to help inexperienced mineral owners who are often at a disadvantage when dealing with an experienced representative […]

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Private Property Rights Threatened

June 11, 2015

Property owners in North Dakota have lost their battle with Sandpiper Oil, a company seeking to use their land against their will. Last week, a district judge trampled on private landowner rights by ruling in favor of the North Dakota Pipeline Company, saying they had a right to the property through eminent domain. James and […]

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EPA Finds Little Risk to Drinking Water from Fracking

June 9, 2015

Hydraulic fracking has very little impact on drinking water resources, according to a recently released study by the Environmental Protection Agency (EPA). Related: 2011 UT Study shows fracking doesn’t contaminate drinking water The EPA has been working for years to analyze the available scientific data to determine whether fracturing for oil and gas changes the quality […]

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OPEC Not Likely to Stop Shale Boom

December 18, 2014

OPEC’s decision in November of 2014 to not cut production was a direct assault on U.S. shale production, but its not likely to stop the U.S. shale boom. The shale oil boom has been made possible by advancements in horizontal drilling and hydraulic fracturing, putting the U.S. in a prominent position on the world stage once […]

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EIA: Production Gains Across All Shale Fields, Despite Oil Price Drop

October 27, 2014

Despite lower crude prices, data released by the Energy Information Administration (EIA) shows gains in production across all major U.S. shale fields. According to the International Energy Agency (IEA), only 4% of U.S. shale production needs prices above $80 for drillers to break even.  Production growth translates into good news for mineral owners, but lower commodities prices could […]

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