UNIVERSITY PARK, Pa. — The royalties paid for components of so-called wet gas in some natural-gas production will be the topic of a Web-based seminar offered by Penn State Extension.
This presentation, from 1 to 2 p.m. on Dec. 17, will feature Dan Brockett, an educator with Penn State Extension's Marcellus Education Team. He will discuss the various components found in royalty statements from wet-gas regions. Depending on which components are present, natural gas production in wet-gas regions varies, so royalty payments also differ, Brockett noted.
"Some producers may list wet-gas components as added BTUs, while others may list each product separately — this could be confusing to royalty recipients," said Brockett. "In addition, there may be deductions that are different from dry-gas production, so it's good to understand the process and markets for ethane, propane, butane and pentane."
The webinar is free, but registration is necessary. To register, visit the Penn State Extension Natural Gas Events Web page. More information is available on the website or by contacting Carol Loveland at 570-320-4429 or at cal24@psu.edu.
Penn State Extension's Marcellus Education Team provides monthly webinars on a variety of topics. Upcoming webinars include the following:
--Jan 21: "Baseline Sampling of Water Sources in Areas of Shale Oil and Gas Development," presented by Ann Smith, vice president and environmental engineer, GSI
--Feb 11: "Energy Infrastructure and Cyber Security," Commissioner Pamela Witmer, Pennsylvania Public Utility Commission
--Feb 18: "Proppants and their Role in Hydraulic Fracturing," presented by Michael O'Neill, CEO, Preferred Sands
--March 10: "Renewed Competitiveness for U.S. Plastics from Shale Energy," presented by Martha Gilchrist Moore, senior director, policy analysis and economics, American Chemistry Council
--April 28: "Evolving Roles of Shale Gas in Central and Distributed Power Generation Scenarios," presented by James Freihaut, Penn State agricultural engineer and technical director of the Energy Efficient Buildings Hub at the Philadelphia Navy Yard.
Previous webinars, publications and information also are available on the Penn State Extension natural-gas website, covering a variety of topics, such as Act 13; seismic testing; methane emissions; water use and quality; natural gas liquids regional development; natural gas reserves; gas-leasing considerations for landowners; legal issues surrounding gas development; and the impact of Marcellus gas development on forestland.