Home / Tag Archives: oil and gas royalties

Tag Archives: oil and gas royalties

In gas drilling country, the honeymoon is over on royalties

gas drilling, royalties, Marcellus

WYALUSING, Pa. (AP) — Jan Brown pores over his royalty statement and wonders where all the money went. A few months ago, the nation’s second-largest natural gas producer siphoned $2,201 worth of gas from his 240-acre property — but paid him only $359 after taking deductions for transportation and processing. Brown, 59, who relies on the royalties as his sole ...

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Royalty checks shrivel in Texas as oil, gas prices tumble

DALLAS — Once-lucrative royalty checks for mineral rights owners across Texas are shriveling as oil and natural gas prices tumble. U.S. crude prices ended the week falling after Goldman Sachs said a global price of oil could push prices as low as $20 a barrel. Now land owners who leased their property to drillers during the oil and gas boom ...

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Settlement reach in Chesapeake oil, gas royalties fight

DALLAS — Chesapeake Operating Inc. and some Barnett Shale mineral rights owners have reached an out-of-court settlement over alleged underpaid oil and gas royalties. The settlement announced Wednesday involves more than a dozen mineral rights owners, including billionaire investor Edward Bass of Fort Worth. Terms weren’t released. Oklahoma City-based Chesapeake has handled production activities on some of the North Texas ...

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