Rents and royalties reported on Pennsylvania income tax returns from 2006 to 2010 have increased 61% statewide, and 119% in counties with Marcellus Shale activity, according to a report by the Allegheny Institute for Public Policy (AIPP). Rent and royalty income for landowners and mineral rights owners in the state rose 34% in counties with no Marcellus activity.
Rents
Articles from Rents
Royalties Up More than 1,000% in Top Marcellus Counties
Rents and royalties reported on Pennsylvania income tax returns from 2006 to 2010 have increased 61% statewide, and 119% in counties with Marcellus Shale activity, according to a report by the Allegheny Institute for Public Policy (AIPP). Rent and royalty income for landowners and mineral rights owners in the state rose 34% in counties with no Marcellus activity.
June 12, 2013
GOM States Collect $25M in Federal Leasing Revenues
The Interior Department announced last Monday the first distribution of more than $25 million in bonuses and rents on energy leases in Gulf of Mexico federal waters to coastal states and communities.
March 30, 2009
GOM States Collect $25M in Federal Leasing Revenues
The Interior Department Monday announced the first distribution of more than $25 million in bonuses and rents on energy leases in Gulf of Mexico federal waters to coastal states and communities.
March 24, 2009
Hanover Buys Schlumberger’s Gas Compression Assets
Hanover Compressor Co., which rents, repairs and services natural gas compressors worldwide, broadened its customer base last Thursday, agreeing to acquire several compression and gas handling joint venture projects of Schlumberger for $761 million. Hanover will pay Schlumberger $270 million in cash, $150 million in a long-term loan and issue shares worth $283 million, effectively giving Schlumberger a 10% stake in the company.
July 2, 2001
Hanover Buys Schlumberger’s Gas Compression Assets
Hanover Compressor Co., which rents, repairs and services natural gas compressors worldwide, broadened its customer base Thursday, agreeing to acquire several compression and gas handling joint venture projects of Schlumberger for $761 million. Hanover will pay Schlumberger $270 million in cash, $150 million in a long-term loan and issue shares worth $283 million, effectively giving Schlumberger a 10% stake in the company.
June 29, 2001
CA Customers Seek Relief From FERC
El Paso Merchant Energy, an affiliate of El Paso Natural Gas, isreaping “monopoly rents in excess of 7,000% higher than the justand reasonable rate approved by the Commission for its regulatedsibling,” Southern California Edison told the Federal EnergyRegulatory Commission last week.
December 11, 2000
CA Customers Turn to FERC for Relief from Delivery Costs
El Paso Merchant Energy, an affiliate of El Paso Natural Gas, isreaping “monopoly rents in excess of 7,000% higher than the justand reasonable rate approved by the Commission for its regulatedsibling,” Southern California Edison told the Federal EnergyRegulatory Commission last week.
December 11, 2000
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
