I am in Liberty township and a few months ago got an offer to buy my royalties for 1500 to 1800 per acre, but they would do a more in-depth look if I was serious which "mite change the numbers" slightly....even tho I am not drilled or receiving any royalties ..talked to a landsman rite b4 I contacted them and he advised caution as there will be "significant" activity in my area in the "near future"....how about it, anybody else get an offer or hear anything or see any activity here in Tioga Co. ?
Thanks for your input Paleface. We need as input as possible about what is going in the gas and oil industry.
Sure, your welcome.
Thank you Ann. And I agree with you. They need to get on the ball to ferret out possible problems before a serious disaster takes place.
Exactly so Old Timer. Any relationship would come from the fact that producers might be bottled up slightly until the distribution, what ever the problem might be, (deteriorating from age of pipelines to users or miscalculating pressure within these lines or simply someone accidently opening the wrong valve.
Example, some years ago an electrical transformer was replaced. When it was brought on line one of the workers had somehow made a serious connection. The voltage to distribution and users was increased several hundred times normal. Much damage was done to TV sets, refrigerators, freezers and other appliances. Our own home damage was fortunately contained to a few light bulbs burning out. A neighbor's freezer was burned out too I believe. I presume that other electrical components were damaged too.
As a bit of personal worries....Lu Ann has a brother and a couple of sisters and their families riding out hurricane Florence right now. Their homes are right in the middle of Florence's wrath. Hopefully they are not damaged badly!
Extraction, gathering, transmission, distribution, etc. are links in the same chain. Milk does not go to market on cattle cars.
For a while, the affected residents will be worse off than if they'd had no natural gas service. Thier electricity has been shout off (too) because of the risk of sparking another explosion.
BTW, I just was contacted by a solar farm developer. I'm thinking they haven't looked at a topi map of my property.
Irtncidence rates of what "continue to decline"? From the Bloomberg article: "Pipeline-Related Deaths - Last year was the worst for U.S. fatalities since 2010".
Portraying the fossil fuel industry as a beleaguered victim just doesn't fly.