Chief Oil Leases Nearly 6,000 Acres in Marcellus from Pennsylvania Game Commission

The Pennsylvania Board of Game Commissioners has approved an agreement to lease 5,870 acres of land in the northeastern part of the state to Chief Oil & Gas LLC, netting the agency a bonus payment of more than $14.6 million plus royalties and other fees.

February 17, 2016

Interior Says Royalties on Federal Lands Down $3.5 Billion

The Interior Department said “substantially lower oil and gas prices” impacted royalties from energy production on federal and Indian lands and offshore areas in 2015, resulting in a decline of more than $3.5 billion to states, Indian tribes, the Treasury Department and others.

November 30, 2015
Unexpected NatGas Price Strength Shields Alberta From Oil Blow

Unexpected NatGas Price Strength Shields Alberta From Oil Blow

Natural gas showed unexpected strength and warded off the worst early effects of the blow that falling oil prices dealt to the government of Alberta — Canada’s chief producing jurisdiction.

February 26, 2015

Barnett Landowner Prevails in Royalty Lawsuit Against Chesapeake

Chesapeake Energy Corp. improperly deducted drilling expenses from Barnett Shale natural gas royalty payments and violated some terms of a lease agreement, a Texas appeals court has affirmed.

March 11, 2014

Pennsylvania Leaseholders Prepared to Take $7.5M for Royalties Dispute

Chesapeake Energy Corp. is awaiting approval by the courts of a proposed $7.5 million settlement to resolve claims that a unit improperly charged Pennsylvania leaseholders post-production fees, a spokesman said Tuesday.

September 4, 2013

New Mexico Supreme Court Upholds Producers on Tax

The New Mexico Supreme Court on Friday sided with a challenge from ConocoPhillips and Burlington Resources Oil and Gas Co. regarding royalties they allegedly owed from past oil and natural gas production on state lands.

August 28, 2012

Range Drills First Utica Well in Crawford County, PA

Range Resources Corp. has drilled the first unconventional natural gas well in Crawford County, PA, and is reportedly planning to drill more of them targeting the Utica Shale in the near future.

July 24, 2012

Pennsylvania to Collect Royalties for Gas Under Public Waterways

Under a new policy by the Pennsylvania Department of Conservation and Natural Resources (DCNR), operators will be required to sign a lease and make royalty payments to the state for natural gas gathered from wells adjacent to navigable streams, lakes and waterways.

June 5, 2012

Norse’s $37M Deal Helps Maintain New York Optimism

Hopeful that it is seeing the final months of a moratorium on high-volume hydraulic fracturing (HVHF) tick away in New York, Norse Energy Corp. ASA — a company that, like many others, has suffered through years of uncertainty at the hands of the delay — is positioning itself to hit the ground running in the Marcellus and Utica shales.

March 19, 2012

Industry Brief

Total Fina SA and its affiliates have agreed to pay the federal government $14.6 million plus interest to resolve claims that the companies underpaid royalties owed on natural gas produced from federal and American Indian lands. The settlement between the United States and Total Fina, Total Oil and Chemical Co., Total Minatome Corp., Total Exploration Production U.S.A. Inc., Fina Oil & Chemical Co., Elf Exploration Inc. and Total E&P USA Inc. covers the period from August 1986 to the present. The agreement arises from a lawsuit filed by Harold E. Wright under the Federal False Claims Act. Under the qui tam, or whistleblower, provisions of the act, a private citizen may file actions on behalf of the U.S. government and share in the recovery of funds. Because Wright is deceased, his heirs will receive $23,000 as part of their share of the settlement. The Total settlement and numerous agreements with other energy companies in recent years have returned approximately $280 million to the federal government and Indian lessors, said Greg Gould, the Interior Department’s acting deputy assistant secretary for Natural Resources Revenue.

February 23, 2012