Penn State Extension will hold a program, “Seismic Testing, Pipeline Agreements and Shale Gas Development Updates – Where is this Industry Headed.”
Armstrong and Indiana County's have a long history of an oil and gas industry. With the development of shale gas drilling for natural gas, more companies are setting up a base of operation. Producing wells require pipelines and drilling companies are trying to better understand where to construct well pads for drilling. Property owners are being approached to permit seismic testing on their land and for the construction of pipelines. Many landowners who have not been approached for seismic and pipeline agreements will be in the near future.
Join Dan Brockett and Jon Laughner, Penn State Marcellus Education Team educators as they discuss the procedure, importance and impacts of seismic testing and pipeline development and what landowners should consider when approached to lease – What is LiDAR, the value of a pipeline right-of-way, how to reduce pipeline impacts, and when is signing a pipeline right-of-way worth $4500/acre and when is it worth $62,000/acre. A question and answer period will follow the presentation.
The workshop will be held on Wednesday, June 19, 2013 at the Indiana County Extension Office, 827 Water Street, Indiana, PA 15701 in the first floor meeting room. Registration is required due to limited seating. There will be a $10 fee per person for the event, payable at the door. Please call 724-465-3880 to register.