Wednesday, August 14, 2013

Unfair Share: How Oil and Gas Drillers Avoid Paying Royalties

by Abrahm Lustgarten
ProPublica, Aug. 13, 2013

"Don Feusner ran dairy cattle on his 370-acre slice of northern Pennsylvania until he could no longer turn a profit by farming. Then, at age 60, he sold all but a few Angus and aimed for a comfortable retirement on money from drilling his land for natural gas instead.
It seemed promising. Two wells drilled on his lease hit as sweet a spot as the Marcellus shale could offer – tens of millions of cubic feet of natural gas gushed forth. Last December, he received a check for $8,506 for a month’s share of the gas.

Read the article here.

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