Many farmers in Pennsylvania and other energy states are using royalty income streams from energy development to supplement farm income and to make important capital investments. However shale well production declines and price volatility introduce significant levels of risk to the royalty income stream and ultimately to the farm family and farm business.
Recently, protests against the Dakota Access Pipeline have received a tremendous amount of media coverage. The legal underpinnings to this dispute, however, have received substantially less attention (more...)
The Wolfcamp shale in the Midland Basin portion of Texas’ Permian Basin province contains an estimated mean of 20 billion barrels of oil, 16 trillion cubic feet of associated natural gas, and 1.6 billion barrels of natural gas liquids, according to an assessment by the U.S. Geological Survey.