
Pore Space: The Next Leasing Frontier for Pennsylvania Landowners?
Let’s assume you own a 135 acre farm in Washington County. In 1976, your grandfather signed an oil and gas lease with ABC Oil. Several years later, ABC…
Let’s assume you own a 135 acre farm in Washington County. In 1976, your grandfather signed an oil and gas lease with ABC Oil. Several years later, ABC…
Let’s assume that you own 125 acres in Tioga County. In 2017, you negotiate a new oil and gas lease with XYZ Drilling. During the negotiations, you insist…
Throughout Pennsylvania, landowners are continuing to experience frustration and anger when they open their royalty statements. The practice of deducting postproduction costs from the gas royalty has become…