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Oil and gas law practitioners usually fall into three broad categories. First, oil and gas companies usually have in-house attorneys that advise the company of its rights and the legal issues. These attorneys are usually assisted by landmen, who examine property titles, land oil and gas rights, and acquire property for the company. Landmen may ...
By 2008 the Marcellus Formation had become the focus of shale gas development, starting in Pennsylvania. Leasing agents aggressively sought out acreages to lease mineral rights in Pennsylvania. [21] The price for leasing rose from $300 per acre in February to $2,100 in April, 2008. [22]
Mineral rights are property rights to exploit an area for the minerals it harbors. Mineral rights can be separate from property ownership (see Split estate).Mineral rights can refer to sedentary minerals that do not move below the Earth's surface or fluid minerals such as oil or natural gas. [1]
PA’s natural gas industry pays ‘fair share’ Certain politicians in Harrisburg are stirring the waters against the commonwealth’s natural gas industry – decrying that they aren’t paying ...
Oil and gas rights in the offshore US are divided between the state and federal governments (see Offshore oil and gas in the United States). Rights to explore on US federal offshore areas are obtained through competitive sealed bids. Individual tracts are generally 9 square miles (23 km 2). Current leases being offered in the Gulf of Mexico ...
The 2024-25 budget allocated $11 million to DEP's Office of Oil and Gas Management, ensuring that Pennsylvania can fully leverage available federal funds for well plugging. ... a requirement for ...
Am I eligible for heating and utility bill assistance in Bucks County?
In 2006, Consol spun off its subsidiary CNX Gas as a standalone company, but retained 83 percent of the new company's shares. [17] On June 28, 2006, Consol Energy entered the S&P 500 replacing Knight-Ridder. [18] In 2007, CNX Gas also began investing heavily in natural gas exploration in the Marcellus Shale in Pennsylvania.