Penn State Extension Pipeline and Seismic Meeting
Beaver County landowners are being approached in record numbers by leasing agents for pipeline rights-of-way. And a 3D seismic study and leasing has recently begun in northern Beaver County. Landowners approached to sign pipeline and seismic agreements face many questions: is this an option or a lease, how many pipes, what can I do on the right-of-way, is this agreement worth $200 per acre or $60,000 per acre?
To answer these and other questions, Penn State Extension will be holding 2 identical natural gas workshops, “Seismic Testing, Pipeline Agreements and Leasing Update” on Thursday, Feb. 7, 2013. The first will be at the Hookstown Volunteer Fire Dept. beginning at 1:30 PM and the second at the South Beaver Fire Hall beginning at 6:30 PM. Both will be about 2 hours long with a $10/person fee to help offset costs. These 2 meetings are also sponsored by the Beaver-Lawrence Farm Bureau.
Presenters will include Dan Brockett and Jon Laughner with the Penn State Marcellus Education Team. They will provide information on seismic testing and pipeline right-of-ways and what options may be available for landowners. A question and answer period will follow the discussion.
Registration is asked for by calling the Beaver County Extension Office at 724-774-3003. The $10 fee will be collected at the door.
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Permalink Reply by Janice L. Hancharick on
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/This is a duo that knows what their talking about. They present information in an easily understandable format, and readily respond to all questions. The expansion of gathering lines up to and including interstate lines is a given. The results of our Marcellus play must get to markets.
Dan and Jon did a presentation in the 4-County region aided by Coudersport's Extension Office. The subject was different, but it was obvious they know a great deal about all things Marcellus. There is nothing "dry as toast" about their delivery or the info shared.
Audience members will go away knowing their $10 was well spent.
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Permalink Reply by Nancy LeNau on
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Thank you Jon...for this post ! Much Appreciated.....
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Permalink Reply by Jon Laughner on
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Thank you all....looking forward to meeting some of you at some of the upcoming meetings.
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Permalink Reply by Nancy LeNau on
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Yes, Gary. The meeting did take place. Daniel and I went Thursday, 1:30 - 3 :30 pm. at the Hookstown Vol. Fire Dept. We pre Registered and paid our $10.00 each to a jar. Nothing was said that I didn't already know. I was very dissapointed. It was very cold in that room too. Hot coffee would have been nice. They offered apple juice and cookies. You did not miss anything. $20.00 for a Schnickerdoodle ? You can learn much more on the Internet in your own warm Home. Blessings, Nancy
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Permalink Reply by Nancy LeNau on
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Have to add.... I have been hearing many good things about the company Seitel. They do many seismic testing and people seem to be very happy with them. This is good to hear. A company that stands behind what they tell you.... I will write more about this company AFTER...they do the testing on my farm. So far, They have been very good to work with. Time will tell.
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Permalink Reply by ShaleAdvice (Steven C. Townsend) on
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Reviewing a seismic testing permit is just as important as reviewing a lease or ROW. Please understand every clause before agreeing to sign. If you don't understand, ask. What happens if there is permanent damage to your land or water? Is there an evergreen clause? How is the land restored? What happens if there are abandoned charges? Do YOU get to see the data or how much they sell if for from your $5/acre.
I'm not bashing any seismic testing company or advising you not to sign, but don't think these agreements are simple.
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Permalink Reply by Nancy LeNau on
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Steven, You are very correct,Thank you....but at least if Seitel does the testing, I will at least have some say of how it is done so as not to harm my animals. If Chesapeake comes in.... I would have no say. Not to say that Chesapeake still might come in and do it their way. The money is nothing....just trying to keep it as safe as I can. Seitel has added many of my requests with no problems to our contract.
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Permalink Reply by Jason on
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Nancy,
are you asking for extra precautions for your horses? My wife talked to the woman and told her that they could easily break a leg if they fall into one of those holes.
Also - if they go through your hay fields during the summer, they need to compensate for that loss.
I'm waiting on an addendum from my land group and then I'll see what other changes I need to make to the contract.
Jason
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