Garrett County and Natural Gas - Risks and Benefits

A selection of categorized links to allow one to assess the risks and benefits of gas development in Garrett Conty.

Garrett County Montage

Royalties & Leases

Links to provide insight as to how to construct leases and the actual royalties that one might expect.

- 1521 - [March 17, 2015] - PowerSource - Pittsburgh Post-Gazette, Laura Legere / Pittsburgh Post-Gazette - "Pennsylvania looking outside for audit on shale cash"
"The Pennsylvania Department of Conservation and Natural Resources is preparing to hire an outside firm to audit the royalty payments that the agency receives from natural gas production on state lands to ensure that drilling companies’ price calculations are accurate"
- 1839 - [NA] - Geology.com, Geology.com - "Production and Royalty Declines in a Natural Gas Well Over Time"
"Lots of property owners who signed a lease in one of the natural gas shale plays such as the Marcellus, Barnett, Haynesville, Fayetteville, Bakken, Utica and Eagle Ford are now receiving monthly or quarterly royalty payments. Many of these people were pleasantly surprised with the size of their first royalty check -- but then shocked to see the size of subsequent checks fall rapidly.
There was nothing wrong with their well. Sharp declines are normal. "
- 1956 - [June 11, 2015] - StateImpact Pennsylvania, Marie Cusick - "Bradford County considers royalties lawsuit against Chesapeake Energy"
"Pennsylvania’s most drilled-on county is exploring the possibility of joining one of the many lawsuits that have been filed recently against Chesapeake Energy. The Oklahoma City-based company has been widely accused of cheating landowners out of royalty money from natural gas drilling."