Document / PDF

Natural Gas Exploration: A Landowner's Guide to Financial

Posted 2017 Reviewed June 28, 2022
Source
PennState Cooperative Extension, College of Agricultural Sciences
Author
Krista Weidner
About This PDF

This guide describes some of the personal and business expenses involved in mineral extraction leases. Legal fees, property tax increases and other expenses may be necessary when entering into a lease, or during drilling, for the designated term(s).

Landowners should understand that there is the possibility that activities from gas drilling will result in negative financial consequences.

Also, drilling activities might cause damage to the property, such as to soils, crops, fences, buildings, trees, roads and water supplies.

The guide explains how any lease a landowner enters into should take these risks into account.

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For accreditation-related materials, please also consult the Land Trust Accreditation Commission website.