Leasing land for natural gas extraction has many tax implications for the landowner. While there is no substitute for sound financial planning and advice, this article provides a few tips and explanations about tax implications of leasing.
Penn State Extension Water Resources has offered many programs related to water and natural gas drilling. What have been the impacts to you and your family personally?
Landowners who lease their mineral rights have many decisions to make related to any potential income from a producing well. These decisions relate to managing that income, planning for taxes, and planning for future generations. This article describes potential consequences 'if I do nothing.' (This is part 1 of a 2-part series.)
This is part 2 of last week's news item.
The 2010 Marcellus Summit, hosted by Penn State Extension, the Interstate Oil and Gas Compact Commission and Penn State Outreach, was held October 10 through 12th at the Penn Stater Conference Center, University Park. This articles provides a brief recap of the Summit.
Professor Ross Pifer, director of the Agricultural Law Research and Resource Center and of the new Rural Economic Development Clinic, summarizes the legal implications of Marcellus Shale development.
Business development related to development of the Marcellus is an important topic for many local communities. Here we summarize the Penn State Extension "Your Business and Marcellus Shale" Webinar Series and provide links to additional information and resources.