Royalty

Pennsylvania Lawmakers Resume Fight For More Leaseholder Protections

In their first meeting of Pennsylvania’s 2015-2016 legislative session, members of the state Senate Environmental Resources and Energy Committee voted unanimously to advance a pair of bills that would give landowners more transparency and protection when making inquiries about their lease agreements.

January 22, 2015
DOJ Subpoenas Chesapeake Regarding Royalty Payment Practices

DOJ Subpoenas Chesapeake Regarding Royalty Payment Practices

Chesapeake Energy Corp. has received subpoenas from the U.S. Department of Justice (DOJ) and state agencies in connection with leasehold purchases and royalty underpayments, according to a regulatory filing.

November 6, 2014

Pennsylvania Attorney General Thought to Be Expanding Royalties Investigation

Pennsylvania Attorney General (AG) Kathleen Kane’s office appears to be pressing ahead with a far-reaching investigation into the royalty deductions by Chesapeake Energy Corp. from landowner’s checks, most recently issuing administrative subpoenas to multiple companies operating in the state.

August 29, 2014

Chesapeake Settles Another Royalties Dispute Over Barnett NatGas

Chesapeake Energy Corp. has agreed to pay the North Texas city of Arlington $700,000 to settle a dispute over Barnett Shale-related natural gas royalties.

August 21, 2014

PA Attorney General Moving On Royalty Complaints Against Chesapeake

A top Republican state senator confirmed Thursday that the Pennsylvania Attorney General’s office is reviewing landowner complaints about unfair post-production costs that Chesapeake Energy Corp. has allegedly been deducting from royalty checks.

March 14, 2014

Alaska Weighs Equity Stake in North Slope Gas Project

A study commissioned by the Alaska Department of Natural Resources (DNR) on the commercial aspects of the Alaska liquefied natural gas (LNG) export project that the three major North Slope oil producers (ExxonMobil Corp., BP plc, ConocoPhillips and TransCanada Corp.) are pursuing says the state would benefit from having an equity stake in the pipeline and LNG project.

November 19, 2013

New Brunswick Announces New Royalty Structure

The New Brunswick provincial government has unveiled a new royalty structure intended to lure oil and gas companies to the province.

November 8, 2013

States Await Return of Sequestered Royalties from Interior

Royalties withheld by the U.S. Department of Interior for fiscal year (FY) 2013, estimated at $109 million to date, will be returned to the states in FY 2014, but when that happens remains a question, according to a spokesman for Interior’s Office of Natural Resources Revenue (ONRR).

September 12, 2013

Lawmaker Seeks Repeal of Controversial Portion of Drilling Law

A Pennsylvania lawmaker wants to repeal a controversial section of a new drilling law — as well as portions of state law dating back to 1961 — to protect landowners from what she says amounts to forced pooling.

August 14, 2013

Debate Over Pennsylvania Drilling Law Continues in Wake of EQT Lawsuit

Thirteen days after Pennsylvania Gov. Tom Corbett signed a controversial drilling bill into law, the debate over how it will affect Marcellus Shale development took a new turn when EQT Corp. filed a lawsuit against 69 landowners and a golf course in Allegheny County, PA.

August 6, 2013