26 Eylül 2012 Çarşamba

Stunning Fact: $160 Million Or Equivalent Of $2,555 Per Person Paid In Gas Royalties In Bradford County

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Gas royalties are rolling into Bradford County, a leading shale gas county in Pennsylvania.  According to one calculation, $160 million has been paid in royalties to landowners there, where 512 gas wells are producing.
http://stateimpact.npr.org/pennsylvania/2012/09/25/drilling-generates-160-million-in-bradford-county. 

Given that Bradford county had a population in 2010 of 62,622, or about 1 of every 200 Pennsylvanians, the $160 million total works out to the equivalent of $2,555 per person within the county.  Of course, royalty payments went not to every resident but to less than 1% of those in the county.

Both the amount of royalties paid and the number of residents in Bradford county that will receive a royalty check will soon increase significantly, since a total of 1,856 wells have already been drilled.  But 1,344 of those wells were not counted as producing, when the $160 million royalty total was calculated.

Landowners who lease their property for gas drilling also get a lease payment that is separate and apart from any royalties received.

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