The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

maryland  safe-operations  hydraulic-fracturing  horizontal-drilling  fracking  natural-gas-development  shale-energy  tax-revenues  royalty-payments  lng-exports 

Mark Green

Mark Green
Posted December 2, 2014

Maryland Gov. Martin O’Malley’s recent announcement – that he plans to lift the state’s three-year moratorium on hydraulic fracturing, possibly clearing the way for future natural gas development – is potentially good news for the state, its citizens and America’s broader energy picture.

A new report by the state’s Department of the Environment and the Department of Natural Resources details some of the possible benefits:Garrett County in western Maryland could gain as many as 2,425 new jobs while realizing $3.6 million in tax revenues and $13.5 million in severance tax revenues.Neighboring Allegany County could see as many as 908 new jobs, $1.8 million in tax revenues and $2.3 million in severance tax revenues over 10 years. “Royalty payments to the owners and lessors of mineral rights could provide significant income,” the report says.

Significantly, the department concludes what a number of other states have found and are demonstrating – that advanced hydraulic fracturing and horizontal drilling to develop natural gas and oil from shale and other tight-rock formations can be conducted safely and efficiently.

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american-energy  economy  royalty-payments  royalties  ethanol  fracking  jobs 

Mary Leshper

Mary Schaper
Posted August 25, 2014

Lompoc (Calif.) Record: Karen Sherrill is a widow who lives alone in a nice modular home park in Orcutt. She recently retired from a job with a local travel company. And like a number of people, she supplements her income with money she receives from a local oil company which leases her mineral rights.

Because she relies so much on her lease checks from Greka Energy, she's concerned about Measure P and how it could affect her income. The voter-driven initiative to ban oil extraction methods of hydraulic fracturing, better known as fracking, cyclic steaming and well acidization in Santa Barbara County is on the November ballot.

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domestic-energy  efficiency  royalties  technology-innovation  royalty-payments 

Jane Van Ryan

Jane Van Ryan
Posted April 13, 2010

The U.S. Interior Department yesterday announced that it will launch a nine-month study into royalty payments in other countries to determine whether U.S. royalty rates should be changed.

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deepwater-royalty-relief-act  domestic-energy  energy-policy  energy-production  energy-tomorrow  energytomorrow  mms34  offshore-drilling  royalties  royalty-payments 

Jane Van Ryan

Jane Van Ryan
Posted October 5, 2009

The U.S. Supreme Court today declined to consider an extremely important Fifth Circuit decision on royalty relief. This adds finality to the Fifth Circuit's unanimous decision that Congress, when it passed the Deepwater Royalty Relief Act, provided royalty relief based on volume, not price. 

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