West Virginia DEP lifts suspension of Mountain Valley pipeline permit
Thursday, November 9, 2017
The West Virginia Department of Environmental Protection recently lifted the suspension of a permit for EQT’s Mountain Valley Pipeline project, according to The Exponent Telegram. The stormwater permit in question was suspended in September to give the state agency time to respond to public comments regarding the matter.
The DEP has also chosen to waive the individual 401 certifications of the federal permits for the project.
The Mountain Valley Pipeline will stretch 300 miles from northwestern West Virginia to southern Virginia. It will be used to carry natural gas from the Marcellus and Utica shale plays to markets in the Mid-Atlantic and South Atlantic regions.
Learn more: The Exponent Telegram > West Virginia Department of Environmental Protection adjusts Mountain Valley Pipeline permits
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How often do royalty payments come?
Depending on the company, royalty payments can arrive monthly or quarterly.
Are my royalty payments transferable?
Yes. If you plan on selling your property, notify the gas company that is leasing your land and your realtor. They will make arrangements to allow the royalty payments to transfer to a different land owner.
What are royalties?
Royalties are payments from the gas company to the landowner as part of a lease agreement. Royalties payments cannot begin until production begins. The payments are dependent upon the market price of the resource.