Forecast of the Potential Impact of Increased Royalty Income on the Pennsylvania Economy, 2008-2011

1 Pages Posted: 4 Oct 2009

See all articles by Rose M. Baker

Rose M. Baker

Penn State University - Penn State Outreach; Penn State College of Education

David Passmore

Penn State; affiliation not provided to SSRN

Date Written: June 19, 2008

Abstract

Natural gas distributed throughout the Marcellus black shale in northern Appalachia could boost proven U.S. gas reserves by trillions of cubic feet. A recent Pennsylvania Public Broadcasting television program explored issues and opportunities faced by landowners navigating the legal and practical issues of leasing their land for natural gas exploration and extraction. In return for lease rights, parties recovering gas customarily pay landowners royalties, which are agreed upon shares of the value of gas lifted from natural deposits.

Keywords: increase royalty income on PA economy

Suggested Citation

Baker, Rose M. and Passmore, David Lynn, Forecast of the Potential Impact of Increased Royalty Income on the Pennsylvania Economy, 2008-2011 (June 19, 2008). Available at SSRN: https://ssrn.com/abstract=1481974 or http://dx.doi.org/10.2139/ssrn.1481974

Rose M. Baker

Penn State University - Penn State Outreach ( email )

University Park, PA 16802
United States

Penn State College of Education ( email )

University Park, PA 16802
United States

David Lynn Passmore (Contact Author)

Penn State ( email )

305D J. Orvis Keller Building
University Park, PA 16802-1303
United States
814.863-2583 (Phone)

HOME PAGE: http://DavidPassmore.net

affiliation not provided to SSRN

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
41
Abstract Views
573
PlumX Metrics